Yarmouth, Cape Cod Events Calendar

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SBA Economic Injury Disaster Loans & Small Business Resources

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Name: SBA Economic Injury Disaster Loans & Small Business Resources
Date: March 16, 2020
Event Description:
MGCC is helping the SBA reach small businesses regarding the Economic Injury Disaster Loan (EIDL) program which would provide assistance to eligible businesses and non-profits impacted by COVID-19 as well as sharing information and resources to affected small businesses.

The MA Emergency Management Agency (MEMA) and Baker-Polito Administration are working closely with the U.S. SBA to activate the Economic Injury Disaster Loan (EIDL) program. The first step in this process is to meet the minimum threshold of affected businesses within Massachusetts.

Affected small businesses and non-profits should download, complete, and submit the SBA EIDL Worksheet (https://lnkd.in/ewF7VBy) and instructions to expedite activation of the EIDL program. 

Completed forms can be submitted by email to Disaster.Recovery@mass.gov or by fax to (508) 820-1401. If you do fax the form, please include your e mail.  Please note, this initial survey form is not a SBA loan application. 

When the EIDL program is activated, you will be contacted to apply directly to the SBA and this website will be updated with application details. For questions, please contact Disaster.Recovery@mass.gov 

About the EIDL program: EIDLs provide small businesses with working capital loans of up to $2 million to help meet financial obligations and operating expenses until normal operations resume. 

Information is also available on Mass.gov: https://www.mass.gov/info-details/small-business-assistance-for-covid-19 
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