COVID-19 Small Business Resources

Updates on resources available to small businesses.

Due to limited appropriations funding, the application portal for the Economic Injury Disaster Loan (EIDL) - COVID-19 assistance program is temporarily closed. By law, the SBA is not able to issue new loan approvals once the programs experience a lapse in appropriations.

Applicants who have already submitted their applications will continue to be processed on a first-come, first-served basis. SBA is processing EIDL applications as quickly as possible. SBA will provide those whose applications are approved with loans that will cover the business's short-term working capital needs.

SBA and Treasury urge Congress to appropriate additional funds for the Paycheck Protection Program - a critical and overwhelmingly bipartisan program - at which point they will once again be able to process loan applications, issue loan numbers, and protect millions more paychecks. The high demand underscores the need for hardworking Americans to have access to relief as soon as possible. We want every eligible small business to participate and get the resources they need.

Information on lenders can always be found at www.sba.gov/paycheckprotection or www.treasury.gov/cares.

What can you do now?

SCORE will continue to update its Coronavirus Small Business Resource Hub: www.score.org/coronavirus, and we will continue to share SCORE partner and friend programs that are available for small business support. Those include: