SBA Disaster Loan Quick Summary

update 4-16-20:

The PPP Loan program for Independent Contractors and Sole-Proprietorhsips is planned to launch Friday April 17.

update 4-17-20:

The PPP Loan program for Independent Contractors and Sole-Proprietorhsips has launched as of Friday April 17. Contact a participating lender.

update 4-18-20:

SBA has announced that funding has been exhausted for the PPP and EIDL programs and no further applications will be accepted pending additional funding.

update 4-20-20:

News outlets are reporting that Congress and the Administration are negotiating an additional $370B for the EIDL, PPP and other disaster assistance programs, and expected to pass Tuesday April 21, 2020.