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Economic Injury Disaster Loan Program (IDL) Please use the steps below to navigate the SBA website. The links within this document are NOT activated. You will need go access the website: https://www.sba.gov/page/disasterloanapplications In
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The new SBA targeted EIDL is a program aimed at providing economic relief to small businesses in low-income communities that have been most severely impacted by the COVID-19 pandemic.
Small businesses located in low-income communities that have experienced a significant economic hardship due to the COVID-19 pandemic are required to file for the new SBA targeted EIDL.
To fill out the new SBA targeted EIDL application, businesses must provide information about their financial circumstances, impact of COVID-19 on their operations, and other relevant details requested by the Small Business Administration.
The purpose of the new SBA targeted EIDL is to provide financial assistance to small businesses in low-income communities that have been hit hard by the COVID-19 pandemic, helping them recover and stay afloat.
Businesses must report details such as their revenue, expenses, number of employees, business location, and the impact of COVID-19 on their operations when applying for the new SBA targeted EIDL.
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