COVID-19 EIDL Application Deadline Extended to December 31, 2021 | Weekly PPP Forgiveness Webinars Continue

The Small Business Administration today announced that the deadline to apply for the Economic Injury Disaster Loan (EIDL) program for the COVID-19 Pandemic disaster declaration is extended to December 31, 2021.  The deadline extension comes as a result of the recent bipartisan COVID-19 relief bill signed into law December 27.

EIDL loan applications will continue to be accepted through December 2021, pending the availability of funds. Loans are offered at very affordable terms, with a 3.75% interest rate for small businesses and 2.75% interest rate for nonprofit organizations, a 30-year maturity, and an automatic deferment of one year before monthly payments begin. Every eligible small business and nonprofit are encouraged to apply to get the resources they need.

Click here for more from the SBA and click here from more on the EIDL Program.

 

PPP Forgiveness Webinars Tuesdays and Wednesdays

The SBA Vermont District Office hosts free webinars Tuesdays and Wednesdays about Paycheck Protection Program forgiveness. Topics include criteria, the process, changes and more.

PPP Forgiveness Webinars Tuesdays
11:30 am to 1:00 pm
Click here to access the webinar link.

To access by phone, call 202-765-1264 and enter code 986 011 495#.

PPP Forgiveness Webinars Wednesdays
9:00 am to 10:30 am
Click here to access the webinar link.

To access by phone, call 202-765-1264 and enter code 984 055 02#.

For more information, email susan.mazza@sba.gov.