Step-by-Step Instructions to New $5K EIDL Grant from the SBA
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Step-by-Step Instructions to New $5K EIDL Grant from the SBA
Updated Thursday April 29 at 1:30pm ESTEarlier this week, the SBA began emailing small business owners regarding thenew $5,000 Supplemental EIDL Grants. These grants are in addition to the full$10,000 Targeted EIDL Grants and are first-come, first-served. 1 millionbusinesses will be eligible for these extra $5,000 grants and action is required ...
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1️⃣ COVID-EIDL Hardship Assistance Program – If you have an SBA COVID EIDL loan and are struggling to pay, you can still request case-by-case hardship assistance (up to 50% payment reduction for six months). 📩 Email your request with financial proof to COVIDEIDLServicing@sba.gov 2️⃣ Fire Disaster Assistance – SBA disaster loan applications for California fire losses have closed, but small emergency grants (up to $2,500) may still be available to help with essentials like rent, food, or utilitie
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