On September 8, 2021, the U.S. Small Business Administration (SBA) announced an update to their program guidelines for Emergency Injury Disaster Loans (EIDL) which provide significant opportunities for small businesses who are still looking for relief from effects of the pandemic.
SBA CT District Director, Catherine Marx provides a review of the updates. CT Small Business Development Center Business Advisor, Shelly Koehler will provide perspective on what applicants should consider as they weigh the option of an EIDL loan, what documents they will need to prepare, and how CTSBDC advisors can help with the entire process.
View this recording to learn how to apply for the first time or for an increase:
- Is my business eligible for an increase?
- What can the loan be used for?
- What are the loan eligibility requirements?
- Will there be special considerations by industry?
This is a recording of a live webinar that took place on October 13, 2021