A | B | C | |
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1 | Economic Injury Disaster Loans (EIDL) and EIDL Advances | ||
2 | Latest usage see Additional Program Information bottom of page or here | Last updated on July 29, 2020 | |
3 | Date | Action | Links |
4 | Fri, Mar 6, 2020 | - Coronavirus Prepardness and Response Supplemental Appropriations Act (CPR), 2020 - SMEs economically injured from COVID-19 eligible for EIDL | CPR Act |
5 | Tue, Mar 17, 2020 | - EIDLs available statewide | SBA press release |
6 | Fri, Mar 27, 2020 | - CARES Act signed into law - Introduced EIDL Advances - SBA released streamlined application | YPFS blog post |
7 | CARES Act | ||
8 | GAO report timeline (p232) | ||
9 | Sun, Mar 29, 2020 | - SBA launches new application portal and revises application to include Advances | GAO report timeline (p232) |
10 | Wed, Apr 15, 2020 | - SBA closes application portal | SBA press release |
11 | Thu, Apr 16, 2020 | - Lapse in appropriations announced | GAO report timeline (p232) |
12 | Fri, Apr 24, 2020 | - PPP and Health Care Act | YPFS blog post |
13 | PPPHCE Act | ||
14 | Mon, May 4, 2020 | - SBA resumes application acceptance only for ag businesses | SBA press release |
15 | Mon, Jun 15, 2020 | - SBA reopens applications for all SMEs | SBA press release |
16 | Thu, Jun 25, 2020 | - Government Accountability Office releases report, "Opportunities to Improve Federal Response and Recovery Efforts" | GAO report |
17 | Sat, Jul 11, 2020 | - SBA announced the funding for the EIDL advances was out and that no additional advances can be provided (USD 20 billion in total distributed to nearly 6 billion small businesses) | SBA press release |
18 | Tue, Jul 28, 2020 | - SBA Inspector General releases report citing "serious concerns of potential fraud" | SBA IG report |
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