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SBA Announces Lapse In EIDL Funding

SBA is unable to accept new applications at this time for the Economic Injury Disaster Loan (EIDL)-COVID-19 related assistance program (including EIDL Advances) based on available appropriations funding.  Applicants who have already submitted their applications will continue to be processed on a first-come, first-served basis. The application portal for the EIDL-COVID-19 assistance program (EIDL loans and EIDL Advances) is temporarily closed.(4/16/20)

Here is a link to the SBA Announcement