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Economic Development

Posted on: March 25, 2021

SBA to Increase Lending Limit for COVID-19 Economic Injury Disaster Loans

SBA EIDL Announcement

Starting the week of April 6, 2021, the SBA is raising the loan limit for the COVID-19 EIDL program from 6-months of economic injury with a maximum loan amount of $150,000 to up to 24-months of economic injury with a maximum loan amount of $500,000.

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