New Round of EIDL Advances

The SBA is launching a new round of Economic Disaster Loan Advances -called Targeted EIDL Advance

This grant can provide businesses with up to $10,000 total in assistance. If you previously received the EIDL Advance in an amount less than $10,000, and you meet the requirements for this round, you may be eligible to receive the difference up to the full $10,000. (You may not exceed that amount). 

Eligibility requirements:
• applicants must be located in a “low-income community”
• can demonstrate more than 30% reduction in revenue

See the link below for more information and the application process. TAG™ is here to assist your business along the way. 

https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/covid-19-economic-injury-disaster-loans#section-header-6