Loan and 1k grant last year. Should be this week. I've heard of some people receiving deposits already from the Targeted Grant... if anyone has started receiving the remaining balance of 10K for the Targeted Grant please let us know. This legislation includes a new $5000 supplemental grant for hardest hit businesses. The email to apply did say "SBA's goal is to process all requests within 21 days" which I took to mean "we'll do our best, but we can't promise anything.". Under the original program the SBA determined that the grant amount would be based on $1,000 per employee up to the $10,000 amount. Targeted EIDL Grant Severely Impacted Small Business Submitted 2/27. 04/14/2020 received $1,000 grant. Targeted EIDL Grant Application *STEP-BY -STEP* February 7, 2021 admin How Marijuana Works 22. What The Stimulus Package Says About 2021 EIDL Loans & Grants. Looking forward to seeing at least some type of process tomorrow or this coming week. SBA Grant. ... You can reach out to the SBA’s customer service team dedicated to the Targeted EIDL Advances specifically if you want to check on the status of your application and make sure you haven’t missed anything from the agency. The $900 billion Covid relief law lets some in less wealthy areas get a second EIDL grant. The new $10000 Targeted EIDL Advance Application is finally open. Here we can discuss EIDL loans, advances, and all things related to the 2020 CARES ACT. The EIDL advance program re-opened in early February, 2021, starting with Targeted EIDL Advances. Press J to jump to the feed. Learn how to fill sba targeted eidl advance or grant application 2021. You can plug in your weekly income for 2019 and 2020 and identify certain time frames that might meet the 8 week 30% economic loss test. First, you might qualify as a "severely impacted small business" if you're a covered entity that has suffered an economic loss of greater than 50% and has 10 or fewer employees. I’d be very surprised if there were actual folks who’ve truly already gotten anything. eidl • Feb 19, 2021. I received the email and we aren't located in a low income community? Right, I’m not even thinking about it much until after the 21 days have even passed. Starting on February 1, 2021, the Small Business Administration (SBA) started inviting select applicants to apply for the $10,000 Targeted EIDL Grant Application. Tax transcript received by SBA 3/23. I received my invite on 2/9, my app #330222 and received 1K in early May. Just giving us false hopes? Guess I got skipped over, 3300, never got an email, when I call them they tell me they don't know anything. Mike January 18, 2021 at 10:18 am They are separate from the Targeted EIDL Grant. If you received the EIDL Advance last year in an amount less than $10,000, and you meet the Targeted EIDL Advance eligibility requirements, you may be eligible to receive the difference up to the … Meaning there’s more steps and we’re all two weeks in already. Small businesses can't draw a second Economic Injury Disaster Loan. I find this somewhat crazy considering the fact that the IRS is behind on tax returns and most people haven’t filed for 2020 yet. #EIDL #StimulusCheck #Stimulus The new stimulus relief bill is here and ready to go to the House on 2/23. The EIDL program has so far held to the requirement that your business be in operation before 1/31/2020, so your LLCs will not qualify unless they change something. I think the emails just began going out on the 2nd, so you might have to wait a few days still for a reply to your application. See the language they've shared – it simply says emails will go out to folks who received less than $10k the first time: The SBA will begin sending email invites to businesses and nonprofit organizations that received the EIDL Advance in an amount less than $10,000 starting on February 1, 2021. Received email 02/26. 02/02/2021 applied for Targeted EIDL Advance. targeted grant I’m curious why they have two separate sections . Be on the look out in my bank account. I’m hoping it comes through easily for us. The SBA will begin sending email invites to businesses and nonprofit organizations that received the EIDL Advance in an amount less than $10,000 starting on February 1, 2021. Reply. Could have been the emails that went through or the fax. You know — that $40 billion for Targeted EIDL Grants (and $15 billion more in the proposed stimulus package). January 18, 2021 3 | Page 11. who is eligible for Additional $ 5,000 * STEP-BY -STEP February! 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