Economic Injury Disaster Loan

Dan Cummings, our Community Development Director has posted information regarding the US Small Business Association's Economic Injury Disaster Loan program.

The EIDL (Economic Injury Disaster Loan) now offers up to a $10,000 grant (loan advance) which does not need to be repaid if the money is spent on paid leave, maintaining payroll, increased costs due to supply chain disruption, mortgage or lease payments or repaying obligations that cannot be met due to revenue losses. The website to directly apply is: covid19relief.sba.gov. 

Read the full letter here.