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The SBA’s Targeted EIDL Advance and Supplemental Targeted Advance Grant Programs Still Flush with Funds

| Oct 28, 2021
The SBA’s targeted EIDL advance grant program reportedly has sent out $3.8 billion of the $30 billion allocated to the program. The supplemental targeted advance has used $1.8 billion of its $5 billion in funding. While the EIDL program will continue to be available to prospective applicants into 2022, the aforementioned programs are set to expire at the end of the year. Visit the SBA’s website for more information on the EIDL loan programs.

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