Important Information from Small Business Administration (SBA) - Your EIDL Application
Dear Applicant,
We understand the challenges your business is facing due to the massive disruption caused by the Coronavirus (COVID-19) pandemic. You are receiving this message as a notification that your Economic Injury Disaster Loan (EIDL) application is currently being processed in the order it was received. You will receive an email notification when there is a change to your application status.
Without question, COVID-19 has caused an extraordinary impact on our nation's small businesses, and the demand for emergency working capital provided by the EIDL program is at historic levels. The SBA is processing applications from small businesses and private non-profit organizations across the country as quickly as possible. We thank you for your patience and understanding as we work to assist as many applicants as possible.
Additional information on available resources to assist your business during the effects of COVID-19 may be found online at www.sba.gov/coronavirus.
Here are some questions I have after receiving this email.
1) Has any small business with only a few employees or sole proprietor received a loan?
2) There can't possibly be any SBA Lending Fraud? How can the Lakers, Shake Shack, Ruth Chris, Brentwood School, Harvard all get paid within a few days and the real small businesses have nothing?
3) How many SBA Disaster Loans Were Submitted?
Big Businesses Receive Largest Sums of Government Aid Intended for Small Businesses
2) There can't possibly be any SBA Lending Fraud? How can the Lakers, Shake Shack, Ruth Chris, Brentwood School, Harvard all get paid within a few days and the real small businesses have nothing?
3) How many SBA Disaster Loans Were Submitted?
Big Businesses Receive Largest Sums of Government Aid Intended for Small Businesses
