**Update - 6/15/20 - SBA has resumed accepting applications
**Update - 4/16/20 - EIDL funds have been depleted. SBA is no longer accepting
04/14/2020 - SBA finally makes clear that the $10,000 advance will be based on the businesses pre-disaster (1/31/20) employee headcount. They will award $1,000 per employee up to 10. Any EIDL advance awarded to a business will be deducted from the forgivable portion of a PPP loan if both are applied for and received.
Disclaimer: This is for informational purposes only. Check with your accountant and/or banker for advice before proceeding with any business decisions related to the information posted here.