US SMALL BUSINESS ADMINISTRATION
ECONOMIC INJURY DISASTER LOAN - EIDL LOAN
This loan will provide economic relief to small businesses and non-profit organizations
that are currently experiencing a temporary loss of revenue.
In response to the Coronavirus (COVID-19) pandemic, small business owners and non-profit organizations in all U.S. states, Washington D.C., and territories are able to apply for an Economic Injury Disaster Loan (EIDL).
EIDL is designed to provide economic relief to businesses that are currently experiencing a temporary loss of revenue.
EIDL proceeds can be used to cover a wide array of working capital and normal operating expenses, such as continuation to health care benefits, rent, utilities, and fixed debt payments.
SBA resumed accepting new Economic Injury Disaster Loan (EIDL) applications on June 15 to all qualified small businesses, including U.S. agricultural businesses.
The new eligibility for U.S. agricultural businesses is made possible by new authority granted by Congress in response to the COVID-19 pandemic.
If you have already applied, please do not resubmit your application.
Eligible small businesses, private-nonprofits and agricultural businesses may apply for the EIDL here.
COVID-19 DISASTER LOAN PROGRAM - Paycheck Protection Program (PPP)
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was recently passed to provide emergency relief for small to medium-sized businesses disrupted by COVID-19. As a trusted community bank and SBA Preferred Lender, Nexxus Pro is facilitating this relief and accepting applications to the program.
You can also read the FAQ below.
Accepting applications starting April 3, 2020. All terms subject to change based on the latest updates from the US Small Business Administration