SBA

@SBAgov ↗

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Last Checked April 20, 2021

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Wed Mar 24 18:45:05 +0000 2021

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SBA @SBAgov

Starting April 6, SBA is raising the loan limit from 6-months of economic injury and a maximum loan amount of $150,000 up to 24-months of economic injury with a maximum loan amount of $500,000. The new loan limit will provide added economic relief to America's small businesses. — PolitiTweet.org

Posted March 24, 2021

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SBA @SBAgov

🚨 BREAKING: SBA is boosting the lending limit of #COVID19 Economic Injury Disaster Loans, more than tripling the maximum amount eligible small businesses and nonprofits can borrow through the program. — PolitiTweet.org

Posted March 24, 2021

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SBA @SBAgov

Businesses that receive a loan amount subject to the existing limits currently don’t need to submit a request for an increase. SBA will reach out directly via email and provide more details about how businesses can request an increase closer to the April 6 implementation date. — PolitiTweet.org

Posted March 24, 2021