Beat the Deadline: Apply for COVID-19 aid for cash flow and debt payments

Event type: 
Webinar
When and where
Date: 
Tuesday, November 2, 2021
Time: 
4:30 pm CT
Location: 
IL
What

Illinois small businesses impacted by low sales or increased business debts due to the COVID-19 pandemic have limited time to apply for the value-based loan through U.S. Small Business Administration's (SBA) COVID-19 Economic Injury Disaster Loan (EIDL) program.

 

The COVID-19 EIDL program has a low 3.75% fixed interest rate and 30-year repayment term that’s available for owners with a minimum 570 credit score. Join Small Business Majority and the SBA Illinois District Office for this important biweekly webinar to learn about how you can access federal funding opportunities.

 

Topics include:

  • COVID-19 EIDL as a value-based loan to benefit small business owners use for payroll, working capital, and payment of commercial or federal debt, and payment of other cost expenses.
  • The competitive advantage of completing the COVID-19 EIDL application well in advance of the December 31 deadline 
  • The federal Employee Retention Credit (ERC)
More Information / Register
Contact: 
Geri Aglipay
Event topic: 
Access to Capital
COVID-19