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The new EIDL Advance and EIDL loan bill put forth last week by Senator Rosen in Nevada has some updates today! There are 3 new co-sponsors (and they're high profile). And the text of the bill is now available, clarifying some of the questions we had, namely if any action is needed to get the full $10,000
This is still making its way through Congress — and we'll keep you posted. We'll also let you know if any more EIDL funding makes it into the HEALS Act, the $1 trillion bill that is in it's final (we hope) stages.
This new bill would allocate an additional $80 billion for the SBA's EIDL program which would be huge for small businesses.
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