The EIDL advance program provided small businesses, independent contractors, nonprofits, and agricultural businesses a total of $20 billion in emergency funding. See SBA Opens Up New Grants and Loans for Small Businesses And Independent Contractors: The EIDL Program. The Good News—EIDL Loans Still AvailableThe good news is that the SBA is still processing loan applications for EIDL loans. These are available for small businesses, independent contractors, gig workers, nonprofits and agricultural businesses. Unlike PPP loans, the EIDL loans are not forgivable.

Source: Forbes July 13, 2020 23:58 UTC