The SBA has announced that with the additional funding provided by the new COVID-19 relief package that was signed into law on Friday, April 24, 2020, the SBA will resume processing EIDL Loan and Advance applications that are already in its queue on a first come, first-served basis. No new EIDL applications for loans or advances are yet being accepted by the SBA, but the SBA has indicated that it will provide further information on the availability of the EIDL portal to receive new applications as soon as possible.
This Client Alert is not a substitute for legal guidance regarding program details and how those may be applicable to your business. As always, if we can be of assistance during this difficult time, please do not hesitate to contact your HH&K attorney.
| Erica L. Lawson Partner 80 Exchange Street Binghamton, NY 13901 Phone: (607) 231-6907 Email: elawson@hhk.com |
Copyright © 2020 by Hinman, Howard & Kattell LLP. This Client Alert is provided as a general information service to clients and friends of Hinman, Howard & Kattell, LLP. It should not be construed as, and does not constitute legal advice on any specific matter, nor does this message create an attorney-client relationship. These materials may be considered Attorney Advertising in some states.