The SBA on 4/13/20 started sending the below message to businesses that applied for the EIDL $10,000 Grant.  The SBA has changed the qualification that you can only get the grant if you have employees. 

On March 29, 2020, following the passage of the CARES Act, the SBA provided small business owners and non-profits impacted by COVID-19 with the opportunity to obtain up to a $10,000 Advance on their Economic Injury Disaster Loan (EIDL). The Advance is available as part of the full EIDL application and will be transferred into the account you provide shortly after your application is submitted. To ensure that the greatest number of applicants can receive assistance during this challenging time, the amount of your Advance will be determined by the number of your pre-disaster (i.e., as of January 31, 2020) employees. The Advance will provide $1,000 per employee up to a maximum of $10,000.

You may be eligible for another loan program, the Paycheck Protection Program, which is available through participating lenders. Below is a comparison of the two loan programs:

Paycheck Protection Program Full EIDL Loan
Forgivable if used for payroll (minimum of 75% of the funds rceived) and the remaining for certain operating expenses (amount of any EIDL advance is not forgivable)

To meet financial obligations and operating expenses that could have been met had the disater not occured (amount of any EIDL advance is forgiven)
Up to $10 million
1% interest Rate

Up to $2 million
3.75% for businesses
2.75% for non-profits



YES_ EIDL Advance


2 years

30 years

Deferred 6 monthsDeferred 1 year

To locate a Paycheck Protection Program Lender, please visit: Information on available resources may be found at For more information on these services, please go to to locate the email address and phone number for the nearest SBA district office and/or SBA’s resource partners.