17 Apr SBA: “Unable to accept new applications… based on available appropriations funding”
The SBA has announced the following:
Lapse in Appropriations Notice: SBA is unable to accept new applications at this time for the Paycheck Protection Program or the Economic Injury Disaster Loan (EIDL)-COVID-19 related assistance program (including EIDL Advances) based on available appropriations funding.
EIDL applicants who have already submitted their applications will continue to be processed on a first-come, first-served basis.
https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources
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