Transcription of UPDATED APRIL 27, 2021
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UPDATED APRIL 27, 2021
Targeted and Supplemental Advance Frequently Asked Questions UPDATED APRIL 27, 2021 1 | Page Targeted EIDL Advance and Supplemental Targeted Advance FAQ Application Process 1. Can I apply now? Applicants must wait until they receive an email invite from the SBA to apply for both the Targeted EIDL Advance and Supplemental Targeted Advance. [Note: Businesses with COVID-19-related losses can still apply for an Economic Injury Disaster Loan (EIDL) if they have not done so already. More information about the loan program can be found at .] 2. What is the difference between the Targeted EIDL Advance and Supplemental Targeted Advance? Targeted EIDL Advance: The Economic Aid to Hard-Hit Small Businesses, Non-Profits, and Venues Act (Economic Aid Act) provides that businesses which received a previous Advance in an amount less than $10,000 will have first priority for the Targeted EIDL Advance, which would be the difference between the amount they received and the $10,000 maximum.
Revenue Code; suffered greater than 30 percent economic loss over an 8-week period ... First, attempt to reset your password, as this is the most common reason for account locks. If that does not work, contact SBA’s Customer Service Center at 1-800-659-2955 or by email at . TargetedAdvance@sba.gov 16. I can’t find my invite to the portal ...
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