SBA Enhances COVID Economic Injury Disaster Loan Program to Aid Small Businesses Facing Challenges from Delta Variant

SBA Administrator Guzman Enhances COVID Economic Injury Disaster Loan (EIDL) Program to Aid Small Businesses Facing Challenges from Delta Variant Increased Loan Cap to $2 Million, Expanded Use of Funds to Pay and Prepay Business Debt, Streamlined Review Processes, and Deferred Payments; First Approval and Disbursement of Loans of $500,000 or Less Also Introduced. WASHINGTON –…