Update on PPP and EIDL Loans
The funding capacity for The Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL) have both been reached as of April 15. Applications have been closed.
Congress is currently working on an additional stimulus package to increase the capacity of both the PPP and EIDL programs and the hope is that they can resolve their issues and come to an agreement to continue both programs.
SRBX continues to advocate to our regional Congressional representatives for additional stimulus funds.
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