COVID-19 EIDL Program Updates from the SBA

Grow is a Community Development Financial Institution that provides responsible and accessible loans that expand economic opportunities for small business owners at every stage of their business. We’re here to help you get funded, gain skills, and grow your business. Visit our website for more upcoming trainings and events!Website: https://www.growbusiness.org/organizer/grow/

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Register today to learn about the new COVID EIDL policy changes that have taken effect since September 8, 2021.

Registration for this event has closed. If you have any questions, please email us at info2@growbusiness.org

Please note: this is a virtual event and a link will be sent to you by 10:00 AM on the day of the event.Join us for new updates on the Economic Injury Disaster Loan (EIDL) program, presented by the U.S. Small Business Administration. The loan product offered via the COVID EIDL program is the remaining small business COVID recovery option. It is beneficial to small business owners. This webinar will cover the policy changes effective as of September 8, 2021.Speaker: Brian Picarazzi, Acting Deputy District Director of the SBAA few of the policy changes that will be discussed include:-Maximum loan cap increased from $500,000 to $2 million-Use of funds was expanded to include payment and pre-payment of business non-federal debt incurred at any time (past or future) and payment of federal debt-Extend the deferment period to 24 months from origination for all loans (existing loans with a less than 24-month deferment will be adjusted)-Affiliation requirements simplified to an affiliate is a business that you control or in which you have 50% of more ownershipSpots for this session are limited, so register today!<ul><li>Due to registration requirements you may only register for one ticket per order.</li><li>Any additional attendees will have to register separately. </li><li>All registration questions are a requirement of the Small Business Administration and are used for funding reporting.</li></ul>

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COVID-19 EIDL Program Updates from the SBA

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