How to Access Updated COVID-19 Relief Funds
PPP is gone but other options exist
The federal government’s Paycheck Protection Program (PPP) provided small-business owners with just under $800 billion in COVID-19 relief, according to the U.S. Small Business Administration (SBA).
The PPP concluded on May 31, but as businesses forge ahead in the recovery process, they may find a continued need for affordable financing. Here are some of the government funding options that are still available — and how to get them.
COVID-19 ECONOMIC INJURY DISASTER LOANS
If your business lost money as a result of the pandemic, you may be eligible for a COVID-19 Economic Injury Disaster Loan. The SBA can issue these loans through Dec. 31 of this year, or until funds run out, whichever is sooner.
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