SBA

SBA Extends COVID-19 Economic Injury Disaster Loan Application Deadline through Dec. 31, 2021

The U.S. Small Business Administration (https://www.sba.gov/) today announced that the deadline to apply for the Economic Injury Disaster Loan [EIDL] (https://www.sba.gov/funding-programs/disaster-assistance) program for the COVID-19 Pandemic disaster declaration is extended to Dec. 31, 2021.  The deadline extension comes as a result of the recent bipartisan COVID-19 relief bill passed by Congress and enacted by President Trump on Dec. 27, 2020.  To date, the SBA has approved $197 billion in low-interest loans which provides working capital funds to […]

Deadline Approaching in Texas for SBA Working Capital Loans Due to Drought

Director Tanya N. Garfield of the U.S. Small Business Administration’s Disaster Field Operations Center-West today reminded Texas small nonfarm businesses of the Jan. 6, 2021, deadline to apply for an SBA federal disaster loan for economic injury. These low-interest loans are to offset economic losses because of reduced revenues caused by drought in the following primary counties. Declaration Number:   1/20/1945Primary  Counties:   Brazoria, Fort Bend, Jim Wells, Kenedy, Matagorda and WillacyNeighboring Counties:   Austin, […]