The Small Business Administration (SBA) created two loan programs for businesses to take advantage of in order to weather the Covid-19 pandemic, the Economic Injury Disaster Loans (EIDL) and Paycheck Protection Program (PPP). Now, the SBA is urging disaster loan applicants to be on alert to phishing campaigns and scams. Malicious actors are impersonating the […]
SBA Economic Injury Disaster Loan
As businesses deal with the economic fallout of Covid-19, The US Small Business Administration (SBA) is working overtime to provide Economic Injury Disaster Loans (EIDL): Loans Up to $2 million No payments for 12 months Small business and private non-for-profits are eligible May be used for fixed debts, payroll, accounts payable, and other affected bills […]