eidl

A collection of 103 posts

eidl grants Featured

How Many Targeted EIDL Grants Have Been Distributed in Your State?

Updated June 5, 2021 Over $20B was approved for Targeted EIDL grant funding in December 2020 — a way for certain businesses to be eligible for the full $10,000 EIDL Advances regardless of their number of employees. However, progress has been slow and as of June 5 — nearly 5 months

eidl Featured

Here's Who's Received EIDL Loans and Advances to Date

Updated May 24, 2021 Millions of business owners and individuals across the US have received EIDL loans and EIDL Advances — and millions more are still waiting for EIDL loan increases, Targeted EIDL Advances and Supplemental EIDL Advances. We've pulled publicly available recipient data into a EIDL loan and

eidl Featured

SBA Approves $200M in New Supplemental Grants

The SBA released their weekly report on EIDL loans, Targeted EIDL grants, and Supplemental EIDL grants yesterday. The results overall showed progress, although questions still remain on the overall EIDL approval progress. Here's the summary of the report, including state-by-state approval data for the EIDL grants.

eidl grant Featured

SBA Issues Guidance on EIDL Grant Errors

Today the SBA has issued new guidance in response to a common problem among Targeted EIDL grant and Supplement EIDL grant recipients. In many cases, applicants have been "Approved" and "Funded" only to then see an "Error" message on their portal. This in most

eidl Featured

State-by-State SBA EIDL Funding Approvals

As of July 2021, the SBA has released the latest data [https://www.sba.gov/sites/default/files/2021-07/COVID-19%20EIDL%20TA%20STA_07.01.2021_Public-508.pdf] on EIDL loan and grant approvals. We've listed out state-by-state approvals to make it easy

eidl Featured

SBA Releases Targeted and Supplemental EIDL Advance Data

It's been a busy week for the small business assistance programs and SBA EIDL programs. Here's a quick recap, including what you might have missed. We announced [https://helloskip.com/blog/heres-whos-received-eidl-loans-and-advances-to-date/] an EIDL Advance and loan recipient

eidl

Need Supporting Information for your SBA EIDL Loan?

A quick post on one of the more common questions from SBA loan officers when you're requesting an SBA EIDL Loan or SBA EIDL Loan increase. SBA Loan Officers often ask for official documentation that the business owner has been approved by the Board to seek the EIDL

eidl Featured

Exclusive: SBA Information On Targeted EIDL Reopening & Identity Theft

This update includes information on the Inspector General Identity Theft report and what to do if you want to ensure your identity hasn't been used in a fraudulent EIDL loan or Advance.

targeted eidl grant Featured

The 3 Most Surprising Targeted EIDL Grant Approval Trends (With Data)

Here's the latest look at data on both EIDL Advance and Targeted EIDL Advance approval. In particular, we've broken down how much actual Targeted EIDL Advance progress has been made, state-by-state. Overall, there's reason to be cautiously optimistic if you're

eidl

Supplemental EIDL Advance Grant Latest Update

Check out answers to several of the top Supplemental EIDL Advance questions below and an in-depth video as well.

eidl loan Featured

SBA Releases EIDL Loan Increase Next Steps

Steps for business owners requesting additional EIDL Loan funding. We will be adding more information as it becomes available.

eidl Featured

Targeted EIDL Grants Sees Increasing Progress & Other Stimulus Updates

Updated Friday April 16 11am PST There has been significant progress this week from the SBA for their major relief programs and stimulus updates as well. We have new data on Targeted EIDL grant approvals, why people are getting denied for Targeted EIDL grants, and when EIDL loan increases will

eidl Featured

Should You Request an EIDL Loan Increase?

If you’re considering an EIDL loan increase, there are a few factors to consider. Here are some pros and cons to getting an EIDL loan increase, and how to request one if you decide to.

eidl loan Featured

Breaking: SBA Opens EIDL Loan Increase Requests

Last Updated April 7, 12pm PST The SBA began inviting people to apply for EIDL loan increases yesterday afternoon. As promised in the original March 25 announcement [https://helloskip.com/blog/sba-increases-eidl-loan-limits-dramatically/], the SBA would reach out to previous EIDL loan applicants. Action is needed

eidl Featured

Targeted EIDL Grants are Progressing Under Guzman

Updated Monday April 5, 2021 If you're waiting for EIDL grants, there is some good news, finally. We have a new poll running that shows continued progress in Targeted EIDL Grant approvals. This follows progress last week and the week before The new SBA leader, Isabel Guzman, has

eidl Featured

SBA Increases EIDL Loan Limits Dramatically

Today, just a few days after SBA Administrator Isabel Guzman [https://helloskip.com/blog/isabel-guzman-is-sworn-in-as-sba-administrator/] was sworn in, the SBA announced major changes [https://www.sba.gov/article/2021/mar/24/sba-increase-lending-limit-covid-19-economic-injury-disaster-loans] to the

eidl Featured

EIDL Loan Payments Deferred Until 2022

Today, the SBA announced an update to the program that will be welcome news for small business owners: loan payments for any disaster loan, including the COVID-19 EIDL program, won’t be due until 2022. Here’s what you need to know about the news.

eidl Featured

What To Do If You Haven't Received Your Invitation to Apply for the Targeted EIDL Advance

According to our most recent survey on our YouTube Channel [https://www.youtube.com/c/SkipApp/featured] this morning, about a quarter of small business owners who believe they are eligible for the Targeted EIDL Advance [https://helloskip.com/blog/targeted-eidl-grant-timing-updates-from-sba/] program have received

eidl Featured

House Small Business Committee Approves $15 Billion in Additional EIDL Funding and Other Aid

From $1400 checks [https://helloskip.com/blog/when-can-we-expect-the-third-stimulus-check/]to monthly payments for families [https://helloskip.com/blog/millions-of-families-could-receive-monthly-payments-from-the-irs-soon/] , Congress is making progress toward another stimulus package. This week, the House Small Business Committee

targeted eidl grant Featured

Breaking: New Targeted EIDL Advance Timing and Eligibility Info Directly from the SBA

The SBA has just released further details on all of the frequently asked questions for the Targeted EIDL Grants. We've covered it in the video below and the full SBA document is here [https://www.sba.gov/document/support-targeted-eidl-frequently-asked-questions]. Find out how much

eidl grant Featured

EIDL Grant and PPP Loan Friday Round Up

Here's a Friday January 22nd round up of all the SBA Funding programs and any action you need to take. We hope you have a great weekend. Targeted EIDL Grants The SBA announced on Tuesday rules to the EIDL grant program. They will first contact previous applicants in

eidl grant Featured

Weekend EIDL Grant Updates

A brief EIDL grant update for you According to the SBA, sometime tomorrow we should get more rules and direction on the SBA EIDL grant program and how it will be rolled out. We'll keep you posted as we learn more information, but there is still no action

eidl grants Featured

Here's Who Received EIDL Grants in the First EIDL Grant Program

We've examined state-level data provided by the SBA to help share average EIDL grant (technically known as EIDL Advance) amounts from the first $20 billion in funding. The new $40 billion for EIDL grants is slated to kickoff any day now [https://helloskip.com/blog/eidl-grant-

eidl grants Featured

New EIDL Grant Application Update

Here's a quick guide to the EIDL grant, EIDL loan, and PPP loan programs from the brand-new stimulus package. The PPP loan program is going live this week and we expect the same from the EIDL grant program as well. We highly recommend you download our free

eidl Featured

Can You Get an EIDL Advance and Unemployment Benefits?

Part of the historic stimulus package passed at the end of 2020 [https://helloskip.com/blog/complete-details-of-the-new-900-billion-stimulus-package/] was more funding for Economic Injury and Disaster Loans (EIDL) advances and Paycheck Protection Program (PPP) loans, which is good news for small business owners.