EIDL Updates – Funds Available Through December 31

On November 19, 2021, the U.S. Small Business Administration (SBA) announced several changes to its COVID-19 Economic Injury Disaster Loan (EIDL) program. Even after enhancements were announced in September, program funds remain available. Businesses that received previous loans, grants, or other assistance through the SBA’s Paycheck Protection Program, Restaurant Revitalization Fund, or Shuttered Venue Operators Grant program may still benefit from COVID-19 EIDL. This article provides details on the SBA’s changes.