SBA COVID-19 Economic Disaster Loans & Programs

Notice: The Small Business Administration (SBA) continues to refine their online resources for COVID-19 Relief Options. This page has been updated as of Saturday, May 14th 2022, to bring you the most current and accurate information about these federal economic disaster assistance programs and their requirements. It is provided to our community as a local resource of consolidated information available elsewhere on federal government websites and we will strive to keep it as up-to-date as possible pending any additional changes by the federal government.

On this page:

############ PPP ############

Paycheck Protection Program

The Paycheck Protection Program (PPP), a loan designed to provide a direct incentive for small businesses to keep their workers on payroll, ended on May 31st, 2021. Borrowers may be eligible PPP loan forgiveness.

SBA also offers additional COVID-19 relief.

Paycheck Protection Program Loan Information

• First Draw PPP Loans

If you have not received a PPP loan before, First Draw PPP Loans may be available to you.

Notice: PPP ended May 31, 2021

The Paycheck Protection Program (PPP), a loan designed to provide a direct incentive for small businesses to keep their workers on payroll, ended on May 31st, 2021. Borrowers may be eligible PPP loan forgiveness.

SBA also offers additional COVID-19 relief.

Loan Details

PPP is a loan designed to provide a direct incentive for small businesses to keep their workers on payroll. First Draw PPP Loans can be used to help fund payroll costs, including benefits, and may also be used to pay for mortgage interest, rent, utilities, worker protection costs related to COVID-19, uninsured property damage costs caused by looting or vandalism during 2020, and certain supplier costs and expenses for operations.

SBA will forgive loans if all employee retention criteria are met, and the funds are used for eligible expenses.

  • PPP loans have an interest rate of 1%.
  • Loans issued prior to June 5, 2020 have a maturity of two years. Loans issued after June 5, 2020 have a maturity of five years.
  • Loan payments will be deferred for borrowers who apply for loan forgiveness until SBA remits the borrower’s loan forgiveness amount to the lender. If a borrower does not apply for loan forgiveness, payments are deferred 10 months after the end of the covered period for the borrower’s loan forgiveness (either 8 weeks or 24 weeks).
  • No collateral or personal guarantees are required.
  • Neither the government nor lenders will charge small businesses any fees.

Who May Qualify

The following entities affected by Coronavirus (COVID-19) may be eligible:

  • Sole proprietors, independent contractors, and self-employed persons
  • Any small business concern that meets SBA’s size standards (either the industry size standard or the alternative size standard)
  • Any business, 501(c)(3) non-profit organization, 501(c)(19) veterans organization, or tribal business concern (sec. 31(b)(2)(C) of the Small Business Act) with the greater of:
    • 500 employees, or
    • That meets the SBA industry size standard if more than 500
  • Any business with a NAICS code that begins with 72 (Accommodations and Food Services) that has more than one physical location and employs less than 500 per location

How and When to Apply

All new First Draw PPP Loans will have the same terms regardless of lender or borrower.

If you wish to begin preparing your application, you can download the following PPP borrower application form to see the information that will be requested from you when you apply with a lender:

Supplemental Materials

Affiliation Rules

Reapplying and Loan Increases

Existing PPP borrowers that did not receive loan forgiveness by December 27, 2020 may:

  • Reapply for a First Draw PPP Loan if they previously returned some or all of their First Draw PPP Loan funds, or
  • Under certain circumstances, request to modify their First Draw PPP Loan amount if they previously did not accept the full amount for which they are eligible

Existing Borrowers

Lenders typically decide when to submit individual PPP loan applications to SBA. Therefore, any questions or concerns regarding individual PPP loan applications must be directed to your lender.

For borrowers who have had their application submitted to SBA by their lender, you can create an account in the SBA Capital Access Financial System (or CAFS) to monitor their loan status. Get account enrollment instructions.

If you are unsure about your PPP loan status, or if your PPP loan application has been flagged due to data anomalies, please contact your lender to get more information.

• Second Draw PPP Loans

If you have previously received a PPP loan, certain businesses are eligible for a Second Draw PPP Loan.

Notice: PPP ended May 31, 2021

The Paycheck Protection Program (PPP), a loan designed to provide a direct incentive for small businesses to keep their workers on payroll, ended on May 31st, 2021. Borrowers may be eligible PPP loan forgiveness.

SBA also offers additional COVID-19 relief.

Loan Details

PPP now allows certain eligible borrowers that previously received a PPP loan to apply for a Second Draw PPP Loan with the same general loan terms as their First Draw PPP Loan.

Second Draw PPP Loans can be used to help fund payroll costs, including benefits. Funds can also be used to pay for mortgage interest, rent, utilities, worker protection costs related to COVID-19, uninsured property damage costs caused by looting or vandalism during 2020, and certain supplier costs and expenses for operations.

Maximum Loan Amount and Increased assistance for Accommodation and Food Services Businesses

For most borrowers, the maximum loan amount of a Second Draw PPP Loan is 2.5x average monthly 2019 or 2020 payroll costs up to $2 million. For borrowers in the Accommodation and Food Services sector (use NAICS 72 to confirm), the maximum loan amount for a Second Draw PPP Loan is 3.5x average monthly 2019 or 2020 payroll costs up to $2 million.

Who May Qualify

A borrower is generally eligible for a Second Draw PPP Loan if the borrower:

  • Previously received a First Draw PPP Loan and will or has used the full amount only for authorized uses
  • Has no more than 300 employees; and
  • Can demonstrate at least a 25% reduction in gross receipts between comparable quarters in 2019 and 2020

How and When to Apply

All Second Draw PPP Loans will have the same terms regardless of lender or borrower.

If you wish to begin preparing your application, you can download the following PPP borrower application form to see the information that will be requested from you when you apply with a lender:

Supplemental Materials

Affiliation Rules

Existing Borrowers

Lenders typically decide when to submit individual PPP loan applications to SBA. Therefore, any questions or concerns regarding individual PPP loan applications must be directed to your lender.

For borrowers who have had their application submitted to SBA by their lender, you can create an account in the SBA Capital Access Financial System (or CAFS) to monitor their loan status. Get account enrollment instructions.

If you are unsure about your PPP loan status, or if your PPP loan application has been flagged due to data anomalies, please contact your lender to get more information.

• PPP Loan Forgiveness

Borrowers may be eligible for Paycheck Protection Program (PPP) loan forgiveness.

First Draw PPP Loan Forgiveness Terms

First Draw PPP Loans made to eligible borrowers qualify for full loan forgiveness if during the 8- to 24-week covered period following loan disbursement:

  • Employee and compensation levels are maintained
  • The loan proceeds are spent on payroll costs and other eligible expenses; and
  • At least 60% of the proceeds are spent on payroll costs

Second Draw PPP Loan Forgiveness Terms

Second Draw PPP Loans made to eligible borrowers qualify for full loan forgiveness if during the 8- to 24-week covered period following loan disbursement:

  • Employee and compensation levels are maintained in the same manner as required for the First Draw PPP loan
  • The loan proceeds are spent on payroll costs and other eligible expenses; and
  • At least 60% of the proceeds are spent on payroll costs

How and When to Apply for Loan Forgiveness

A borrower can apply for forgiveness once all loan proceeds for which the borrower is requesting forgiveness have been used. Borrowers can apply for forgiveness any time up to the maturity date of the loan. If borrowers do not apply for forgiveness within 10 months after the last day of the covered period, then PPP loan payments are no longer deferred, and borrowers will begin making loan payments to their PPP lender.

To apply for loan forgiveness:

  1. Determine if your lender is participating in direct forgiveness through SBA and complete the correct form:
    Review the list of lenders participating in direct forgiveness to determine whether you must apply via SBA.

    • For borrowers whose lender is participating in direct forgiveness, you can use our portal to apply after August 4, 2021. Direct forgiveness borrowers must use the SBA forgiveness portal. The questions you will be asked in the portal correspond to those asked on SBA form 3508S.
    • For borrowers whose lender is not participating, you must apply through your lender. Your lender can provide you with either the SBA Form 3508, SBA Form 3508EZ, SBA Form 3508S, or a lender equivalent. Your lender can provide further guidance on how to submit the application.

  2. Compile your documentation:
    SBA Form 3508S does not require borrowers to provide additional documentation to show the calculations used to determine their loan forgiveness amount. However, SBA may request information and documents to review those calculations as part of the loan review or audit processes.
    Payroll (provide documentation for all payroll periods that overlapped with the Covered Period):

    • Bank account statements or third-party payroll service provider reports documenting the amount of cash compensation paid to employees
    • Tax forms (or equivalent third-party payroll service provider reports) for the periods that overlap with the Covered Period:
      • Payroll tax filings reported, or that will be reported, to the IRS (typically, Form 941); and
      • State quarterly business and individual employee wage reporting and unemployment insurance tax filings reported, or that will be reported, to the relevant state
    • Payment receipts, cancelled checks, or account statements documenting the amount of any employer contributions to employee health insurance and retirement plans that the borrower included in the forgiveness amount
    • Do not include the following when calculating eligible payroll costs for loan forgiveness:

    Non-payroll (for expenses that were incurred or paid during the Covered Period and showing that obligations or services existed prior to February 15, 2020 for the first three listed obligations/services):

    • Business mortgage interest payments: Copy of lender amortization schedule and receipts verifying payments, or lender account statements
    • Business rent or lease payments: Copy of current lease agreement and receipts or cancelled checks verifying eligible payments
    • Business utility payments: Copies of invoices and receipts, cancelled checks or account statements
    • Covered operations expenditures: Copy of invoices, orders or purchase orders paid, and receipts, cancelled checks or account statements verifying eligible payments
    • Covered property damage costs: Copy of invoices, orders or purchase orders paid, and receipts, cancelled checks or account statements verifying eligible payments, and verification that costs were related to uninsured property damage due to public disturbance vandalism or looting that occurred in 2020
    • Covered supplier costs: Copy of contracts, orders or purchase orders in effect at any time before the Covered Period (except for perishable goods), and copy of invoices, orders or purchase orders paid, and receipts, cancelled checks or account statements verifying eligible payments
    • Covered worker protection expenditures: Copy of invoices, orders or purchase orders paid, and receipts, cancelled checks or account statements verifying eligible payments, and verification that expenditures were used to comply with COVID-19 guidance

    This list of documents is not all-inclusive.

  3. Submit the forgiveness form and documentation to SBA or your PPP lender:

    Depending on whether your lender is participating in direct forgiveness, complete your loan forgiveness application and submit it via the SBA direct forgiveness portal or via your lender with the re­quired supporting documents. Your lender may follow up to request additional documentation.

  4. Continue to monitor your application for forgiveness:

    If SBA undertakes a loan review of your loan, SBA or your lender will notify you of the review and the SBA loan review decision. You have the right to appeal certain SBA loan review decisions. Your lender is responsible for notifying you of the forgiveness amount paid by SBA and the date on which your first payment will be due, if applicable.

    Borrowers who need assistance with direct forgiveness can contact SBA at our dedicated forgiveness call center: 877-552-2692. The call center is open Monday–Friday, 8AM-8PM ET. The call center can only assist direct forgiveness applicants. All other borrowers should contact their PPP lender. Direct forgiveness borrowers can also consult our direct forgiveness knowledgebase for frequently asked questions.

Forgiveness Forms and Instructions

• Get Help With Your PPP Loan

SBA offers free counseling and training events to help you with the Paycheck Protection Program (PPP).

Speak With a Counselor

SBA has 68 District Offices around the country that provide guidance and assistance to small businesses in their area. We also work with a number of local organizations to counsel, mentor, and train small businesses through our official Resource Partners: SCORE mentors, Women’s Business Centers, Small Business Development Centers, and Veterans Business Outreach Centers.

Use SBA’s Local Assistance Directory to locate the SBA District Office or Resource Partner service location nearest you.

Search Nearby…

Check Your Loan Status

Lenders typically decide when to submit individual PPP loan applications to SBA. Therefore, any questions or concerns regarding individual PPP loan applications must be directed to your lender.

Borrowers who have had their application submitted to SBA by their lender can create an account in the SBA Capital Access Financial System (or CAFS) to monitor their loan status. Get account enrollment instructions.

If you are unsure about your PPP loan status, or if your PPP loan application has been flagged due to data anomalies, please contact your lender to get more information.

PPP Webinar Series Presented by SBA and Public Private Strategies Institute

SBA hosted a series of webinars with Public Private Strategies Institute in March, covering:

  • Additional changes and recent policy announcements made by Biden-Harris Administration
  • Have your questions answered by SBA leadership

Missed an event? Watch a replay:

Cosponsorship Authorization # 21-0501-14: SBA’s participation in this cosponsored activity is not an endorsement of the views, opinions, products, or services of any cosponsor or other person or entity. All SBA programs and services are extended to the public on a nondiscriminatory basis.

Stay in Touch with SBA

Sign up to receive email updates about PPP, or follow SBA on social media to get the latest PPP news.

See also: Learn more about the PPP on the SBA website, here…

List of Cuero-Area Lenders

Note: This information is provided for convenience only and may be incomplete or amended at any time. Please contact the individual lender for full details about PPP lending availability and terms.

  • Cuero National Bank
    361-277-3100
    Call for more information.
  • Prosperity Bank
    361-564-2291
    PPP offered to current members. Call for more information and to request an email packet.
  • TDECU
    Erika Plummer, Member Center Manager
    D: 361-580-9748, T: 800-839-1154 ext 9748
    eplummer@tdecu.org
    PPP offered to current members and non-members. Also offering two months of loan extensions to anyone that has a current loan with them, low interest rates, and assistance loans up to $4,000. Call for more information.
  • TrustTexas Bank
    361-275-2345
    PPP offered to current members. Call for more information.
  • Wells Fargo Bank
    PPP offered to current members only with well-established business account in place before February 1, 2020. Visit their PPP info page.
############ EIDL ############

COVID-19 Economic Injury Disaster Loan

Important deadlines:

  • As of January 1, 2022, SBA stopped accepting applications for new COVID-19 EIDL loans or advances.
  • As of May 6, 2022, the COVID-19 EIDL funds are exhausted. SBA is no longer accepting COVID-19 EIDL loan increase requests or requests for reconsideration.
  • Approved borrowers that have not signed their loan closing documents must do so by May 16, 2022, or will face delayed disbursement or possible loss of funding.
  • The COVID-19 EIDL portal portal (covid19relief1.sba.gov, also known as the “RAPID portal”) will close on May 16, 2022. Borrowers should download their loan documents from the portal prior to this date.

Program summary:

The COVID-19 Economic Injury Disaster Loan (EIDL) and EIDL Advance programs provide funding to help small businesses recover from the economic impacts of the COVID-19 pandemic. There are two types of COVID EIDL funding:

  • COVID EIDL funds may be used for working capital and other normal operating expenses.
    • These loans are not forgivable and must be repaid
    • Requirements vary depending on the size of the loan
    • Loan increases are available until funds are exhausted
  • The EIDL Advance programs are awarded to existing COVID EIDL applicants who meet certain criteria.
    • Advances like grants, but without typical U.S. government grant requirements
    • EIDL Advances do not need to be repaid

About COVID-19 EIDL

This federal small business loan program supports small businesses’ recovery from the COVID-19 disaster’s economic impacts by providing accessible and borrower-friendly capital.

Notice: the COVID-19 EIDL program is not accepting new applications, increase requests, or reconsiderations

  • As of January 1, 2022, SBA stopped accepting applications for new COVID-19 EIDL loans or advances.
  • As of May 6, 2022, the COVID-19 EIDL funds are exhausted. SBA is no longer accepting COVID-19 EIDL loan increase requests or requests for reconsideration.
  • Approved borrowers that have not signed their loan closing documents must do so by May 16, 2022, or will face delayed disbursement or possible loss of funding.
  • The COVID-19 EIDL portal portal (covid19relief1.sba.gov, also known as the “RAPID portal”) will close on May 16, 2022. Borrowers should download their loan documents from the portal prior to this date.

Existing Borrowers

Learn how to manage your loan, including how to monitor loan status, make payments, and request a COVID EIDL increase.

Loan Details

In response to COVID-19, small business owners, including agricultural businesses, and nonprofit organizations in all U.S. states, Washington D.C., and territories can apply for the COVID-19 Economic Injury Disaster Loan (EIDL).

FAQ about COVID-19 EIDL Loans (effective 2021-09-08)

Product

Loan directly from SBA that must be repaid. Low-interest, fixed-rate, long-term loan to help overcome the effects of the pandemic by providing working capital to meet operating expenses

Use of Proceeds

Working capital to make regular payments for operating expenses, including payroll, rent/mortgage, utilities, and other ordinary business expenses, and to pay business debt incurred at any time (past present or future).

Maximum Loan Amount

$2 million. Note: SBA will begin approving loans greater than $500,000 on October 8, 2021

Loan Term

30 years

Interest Rate

  • Businesses 3.75% fixed)
  • Private nonprofits: 2.75% fixed

Payment Deferment

Payments are deferred for the first 2 years (during which interest will accrue), and payments of principal and interest are made over the remaining 28 years. No penalty for prepayment.

Fees

  • For loans $25,000 or less: No fees if applying directly through SBA
  • For loans greater than $25,000: One-time $100 fee for filing a lien on borrower’s business assets plus costs to file lien on real estate when applicable
  • For loans greater than $500,000 where SBA is taking real estate as collateral: One-time $100 fee for filing a lien on borrower’s business assets. Additionally, the borrower will be responsible for recording the real estate lien and paying the associated fees.

Collateral

  • Required for loans over $25,000

Personal Guaranty

  • Required for loans over $200,000

Manage your EIDL

Program Updates

As of September 8, 2021, new COVID EIDL policy changes have taken effect that entail the below updates to the program:

  • Maximum loan cap increased from $500,000 to $2 million
  • Use of funds was expanded to include payment and pre-payment of business non-federal debt incurred at any time (past or future) and payment of federal debt
  • Extend the deferment period to 24 months from origination for all loans (existing loans with a less than 24-month deferment will be adjusted)
  • Affiliation requirements simplified to an affiliate is a business that you control or in which you have 50% of more ownership
  • Developed additional path to meet program size standards for businesses assigned a NAICS code beginning with 61, 71, 72, 213, 3121, 315, 448, 451, 481, 485, 487, 511, 512, 515, 532, or 812
  • Exclusivity Period: From September 8, 2021 to October 8, 2021, the above policy changes will be applicable to applications for <$500K while applications for >$500K will not be approved and therefore receive the policy changes until October 8, 2021
  • See more details on the COVID-19 September 8, 2021 Policy Changes.

Loan Eligibility

To obtain a loan via COVID EIDL, small business owners must meet the eligibility requirements outlined in Section 2 of the FAQs. Additionally, below were the credit score requirements:

Additionally, below are the credit score requirements:

  • $500,000 or under: 570
  • greater than $500,000: 625

IRS Tax Authorization Form 4506-T for COVID EIDL

Applicants were required to submit a signed and dated IRS Form 4506-T for COVID EIDLT authorizing the IRS to release business tax transcripts for SBA to verify their revenue.

Supplemental Materials

Beware of Fraud and ID Theft

Supporting Resources

Contact SBA

For help with EIDL, call 833-853-5638 (TTY: 855-440-4960) or email disastercustomerservice@sba.gov. For help with Targeted EIDL Advance, email TargetedAdvance@sba.gov.

The COVID-19 EIDL Customer Service Center is open 8:00 am to 8:00 p.m. ET, Monday through Saturday. When emailing SBA, remember to always include your loan or application number as well as reason for request in the email subject line. In the body of the email, include your loan or application number, reason for request, business name, applicant name and contact information.

About Targeted EIDL Advance and Supplemental Targeted Advance

For the hardest hit businesses and private nonprofits, funds that do not need to be repaid.

Notice: EIDL Advances are now closed

SBA is no longer accepting new Advance applications or reevaluation requests. SBA continues to process applications and reevaluations received prior to the deadlines.

SBA continues to offer other funding options for small businesses including traditional SBA loans.

Program Overview

Applicants for the COVID-19 Economic Injury Disaster Loan (EIDL) may have been eligible to receive up to $15,000 in funding from SBA that does not need to be repaid. These “advances” are similar to a grant, but without the typical requirements that come with a U.S. government grant.

Targeted EIDL Advance

The Targeted EIDL Advance provides funds of up to $10,000 to applicants who were in a low-income community, could demonstrate more than 30% reduction in revenue during an eight-week period beginning on March 2, 2020, or later, and had 300 or fewer employees.

Supplemental Materials

Supplemental Targeted Advance

The Supplemental Targeted Advance provided supplemental payment of $5,000 that does not have to be repaid. The combined amount of the Supplemental Targeted Advance ($5,000) with any previously received EIDL Advance or Targeted EIDL Advance ($10,000) will not exceed $15,000.

Applicants had to be located in a low-income community, prove more than a 50% economic loss during an eight-week period beginning on March 2, 2020, or later, and had 10 or fewer employees.

Supplemental Materials

Advance Funds Returned By Banks

When a bank returns Targeted EIDL Advance or Supplemental Targeted Advance funds to SBA, the funds cannot be immediately re-disbursed. SBA is working to mitigate this issue. Additionally, SBA is providing the following information to help answer questions about returned funds:

  • My business was approved for a Targeted EIDL Advance (or Supplemental Targeted Advance) and I was informed that funds had been sent to my bank. However, the money never showed up in my account and my bank says it returned the funds to SBA. Since you have determined my business is qualified, how can I get those funds?
    SBA is working on an update to our system that will enable us to re-disburse those funds as soon as possible. If you have not already done so, please send an email with a photo ID front and back and a check with the word “void” written across it. Please start the subject line of your email with your application number and send to: COVIDAdvanceBankReturns@sba.gov
  • Will I lose my place in line and have my funds given to another business?
    No. If the original disbursement was returned by the bank, be assured the funds were obligated for you and will remain available, even if the issue is not resolved immediately.
  • How long will I have to wait?
    SBA doesn’t have a specific time frame, but is working diligently to resolve the issue quickly.
  • How will I know the matter has been resolved?
    Businesses awaiting re-disbursement will be notified when the funds are re-disbursed.
  • Why would the bank return the funds instead of putting them into my account?
    Some common reasons funds are returned is that the account is closed, the applicant provided an incorrect routing or account number, the name or EIN number on SBA’s deposit does not match the name or EIN number on the bank account, or the account is a personal account rather than a business account. You will need to contact your bank to learn the reason specific to your case.
  • What does SBA do when funds are returned to us?
    SBA’s staff examines every case where funds are returned and contacts the applicant to request any additional information or documentation needed to overcome the reason for the return. Additional documentation includes but is not limited to a copy of the applicant’s photo identification and voided check for the correct account. Once SBA has the information needed to clear the issue, it will take the necessary actions.

Information for Applicants

To check the status of an existing application, you can log in to your COVID-19 EIDL applicant portal where you find information about your application status.

If you cannot find your invitation email, you can contact SBA’s Disaster Customer Service Center at 1-800-659-2955 or by email at TargetedAdvance@sba.gov to request a new invite. Please note that this process may take several business days.

Applicants seeking reevaluation of a declined application for a Targeted EIDL Advance or a Supplemental Targeted Advance should send an email to TargetedAdvanceReevaluation@sba.gov.

For additional detailed information, review the Targeted Advance and Supplemental Targeted Advance FAQs.

Manage Your EIDL

Learn how to monitor the status of your COVID EIDL, make payments, and request a loan increase.

Make a payment

Notice: the COVID-19 EIDL program is not accepting new applications, increase requests, or reconsiderations

  • As of January 1, 2022, SBA stopped accepting applications for new COVID-19 EIDL loans or advances.
  • As of May 6, 2022, the COVID-19 EIDL funds are exhausted. SBA is no longer accepting COVID-19 EIDL loan increase requests or requests for reconsideration.
  • Approved borrowers that have not signed their loan closing documents must do so by May 16, 2022, or will face delayed disbursement or possible loss of funding.
  • The COVID-19 EIDL portal portal (covid19relief1.sba.gov, also known as the “RAPID portal”) will close on May 16, 2022. Borrowers should download their loan documents from the portal prior to this date.

SBA continues to offer other funding options for small businesses including traditional SBA loans.

Deferment Extension as March 15, 2022

Due to the continued adverse effects of the COVID-19 emergency, SBA is providing an additional 6-month deferment of principal and interest payments to existing COVID EIDL borrowers. This deferment does not apply to non-COVID disaster home and business loans.

This deferment extension is effective for all COVID-EIDL loans approved in calendar years 2020, 2021, and 2022. Loans now have a total deferment of 30 months from the date of the Note. Interest will continue to accrue on the loans during the deferment.

More detailed information about eligibility and how deferment impacts your future loan payment amounts can be found in SBA procedural notice 5000-830558 dated March 15, 2022.

Monitor Loan Status and Make Payments

Create an account in SBA’s Capital Access Financial System (CAFS) to monitor your loan status. You must have a funded loan to access the CAFS system. Get account enrollment instructions.

Access instructions on how to make a payment on your COVID EIDL.

Request a loan increase (deadline May 6, 2022)

Download your loan documents (deadline May 16, 2022)

Access to the COVID-19 EIDL portal (covid19relief1.sba.gov) will end on May 16, 2022. Borrowers should download copies of their loan documents prior to the deadline.

Request Servicing Actions

  • Learn how to request a subordination of a lien on collateral that was pledged to secure an SBA COVID-19 EIDL.
  • All other servicing actions and inquiries, such as change in ownership requests, assumption requests, business closures, and others can be initiated by contacting your loan servicing center.

Service Office Location Serving Texas: El Paso Service Office | Telephone: 800-487-6019 | TTY: 711 | Hours: 9:00 AM – 5:30 PM CT, Monday through Friday

Contact SBA

For help with EIDL, call 833-853-5638 (TTY: 855-440-4960) or email disastercustomerservice@sba.gov. For help with Targeted EIDL Advance, email TargetedAdvance@sba.gov.

The COVID-19 EIDL Customer Service Center is open 8:00 a.m. to 8:00 p.m. ET, Monday through Friday. When emailing SBA, remember to always include your loan or application number as well as reason for request in the email subject line. In the body of the email, include your loan or application number, reason for request, business name, applicant name and contact information.

############ RRF ############

Restaurant Revitalization Fund

This program provides emergency assistance for eligible restaurants, bars, and other qualifying businesses impacted by COVID-19.

Applications are now closed.

Program Details

The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.

Sign up to receive email alerts from SBA as additional information about the Restaurant Revitalization Fund becomes available.

Supplemental Documents

Get Help With Your Application

Federal guidelines require that we provide the same and equal information to each applicant. Therefore, SBA staff are limited on responses we can provide to applicants, including specific questions regarding RRF eligibility, potential award amount, and other detailed information. Some key information to know:

  • For detailed information about how to calculate your award amount, please consult page 7-9 of the RRF program guide.
  • The IRS 4506T form is signed with your application during the e-sign process. You do not need to submit an additional 4506T.
  • If you are entering a state in the address section(s) use the abbreviation in capital letters. For example, PA, TX, ME, WA, etc.

For assistance preparing your application, you can access the following:

You can also watch a previously recorded webinar training to help you prepare:

For assistance with your submitted application:

  • Submit a message using the application platform inbox (preferred)
  • Call center support: 844-279-8898

Who Can Apply

Eligible entities include:

  • Restaurants
  • Food stands, food trucks, food carts
  • Caterers
  • Bars, saloons, lounges, taverns
  • Snack and nonalcoholic beverage bars
  • Bakeries (onsite sales to the public comprise at least 33% of gross receipts)
  • Brewpubs, tasting rooms, taprooms (onsite sales to the public comprise at least 33% of gross receipts)
  • Breweries and/or microbreweries (onsite sales to the public comprise at least 33% of gross receipts)
  • Wineries and distilleries (onsite sales to the public comprise at least 33% of gross receipts)
  • Inns (onsite sales of food and beverage to the public comprise at least 33% of gross receipts)
  • Licensed facilities or premises of a beverage alcohol producer where the public may taste, sample, or purchase products

Cross-program eligibility on SBA Coronavirus Relief Options

How To Apply

You can apply through SBA-recognized Point of Sale (POS) vendors or directly via SBA in the online application portal:. Participating POS providers include Square, Toast, Clover, NCR Corporation (Aloha), and Oracle. If you are working with Square or Toast, you do not need to register beforehand on the application portal.

Registration with SAM.gov is not required. DUNS or CAGE identifiers are also not required.

If you would like to prepare your application, view the SBA form 3172 sample application. You will be able to complete this form online. Please do not submit RRF forms to SBA at this time.

Additional documentation required:

  • Verification for Tax Information: IRS Form 4506-T, completed and signed by Applicant. Completion of this form digitally on the SBA platform will satisfy this requirement.
  • Gross Receipts Documentation: Any of the following documents demonstrating gross receipts and, if applicable, eligible expenses
    • Business tax returns (IRS Form 1120 or IRS 1120-S)
    • IRS Forms 1040 Schedule C; IRS Forms 1040 Schedule F
    • For a partnership: partnership’s IRS Form 1065 (including K-1s)
    • Bank statements
    • Externally or internally prepared financial statements such as Income Statements or Profit and Loss Statements
    • Point of sale report(s), including IRS Form 1099-K

For applicants that are a brewpub, tasting room, taproom, brewery, winery, distillery, or bakery:

  • Documents evidencing that onsite sales to the public comprise at least 33.00% of gross receipts for 2019, which may include Tax and Trade Bureau (TTB) Forms 5130.9 or TTB.
  • For businesses who opened in 2020, the Applicant’s original business model should have contemplated at least 33.00% of gross receipts in onsite sales to the public.

For applicants that are an inn:

  • Documents evidencing that onsite sales of food and beverage to the public comprise at least 33.00% of gross receipts for 2019.
  • For businesses who opened in 2020, the Applicant’s original business model should have contemplated at least 33.00% of gross receipts in onsite sales to the public.

When To Apply

Applications are now closed.

Priority period | Days 1 through 21:
SBA will accept applications from all eligible applicants, but only process and fund priority group applications. See “Priority groups” below.

During this period, SBA will fund applications where the applicant has self-certified that it meets the eligibility requirements for a small business owned by women, veterans, or socially and economically disadvantaged individuals.

See “Set asides” below.

Open to all applicants | Days 22 through funds exhaustion:
SBA will accept applications from all eligible applicants and process applications in the order in which they are approved by SBA.

Priority Groups

  • A small business concern that is at least 51% owned by one or more individuals who are:
    • Women, or
    • Veterans, or
    • Socially and economically disadvantaged (see below).
  • Applicants must self-certify on the application that they meet eligibility requirements
  • Socially disadvantaged individuals are those who have been subjected to racial or ethnic prejudice or cultural bias because of their identity as a member of a group without regard to their individual qualities.
  • Economically disadvantaged individuals are those socially disadvantaged individuals whose ability to compete in the free enterprise system has been impaired due to diminished capital and credit opportunities as compared to others in the same business area who are not socially disadvantaged.

Set Asides

  1. $5 billion is set aside for applicants with 2019 gross receipts of not more than $500,000
  2. An additional $4 billion is set-aside for applicants with 2019 gross receipts from $500,001 to $1,500,000
  3. An additional $500 million is set-aside for applicants with 2019 gross receipts of not more than $50,000

*SBA reserves the right to reallocate these funds at the discretion of the Administrator.

Funding Amount

Payment Calculations

For detailed information about how to calculate your award amount, please consult page 7-9 of the RRF program guide.

Calculation 1: for applicants in operation prior to or on January 1, 2019:

  • 2019 gross receipts minus 2020 gross receipts minus PPP loan amounts

Calculation 2: for applicants that began operations partially through 2019:

  • (Average 2019 monthly gross receipts x 12) minus 2020 gross receipts minus PPP loan amounts

Calculation 3: for applicants that began operations on or between January 1, 2020 and March 10, 2021 and applicants not yet opened but have incurred eligible expenses:

  • Amount spent on eligible expenses between February 15, 2020 and March 11,2021 minus 2020 gross receipts minus PPP loan amounts

For those entities who began operations partially through 2019, you may elect (at your own discretion) to use either calculation 2 or calculation 3.

Maximum and Minimum Amounts

SBA may provide funding up to $5 million per location, not to exceed $10 million total for the applicant and any affiliated businesses. The minimum award is $1,000.

Gross Receipts

For the purposes of this program, gross receipts does not include:

  • Amounts received from Paycheck Protection Program (PPP) loans (First Draw or Second Draw)
  • Amounts received from Economic Injury Disaster Loans (EIDL)
  • Advances on EIDL (EIDL Advance and Targeted EIDL Advance)
  • State and local grants (via CARES Act or otherwise)
  • SBA Section 1112 payments

Allowable Use of Funds

Funds may be used for specific expenses including:

  • Business payroll costs (including sick leave)
  • Payments on any business mortgage obligation
  • Business rent payments (note: this does not include prepayment of rent)
  • Business debt service (both principal and interest; note: this does not include any prepayment of principal or interest)
  • Business utility payments
  • Business maintenance expenses
  • Construction of outdoor seating
  • Business supplies (including protective equipment and cleaning materials)
  • Business food and beverage expenses (including raw materials)
  • Covered supplier costs
  • Business operating expenses

What to Expect After You Have Applied

  • As outlined by Congress, SBA will review applications from priority applications groups first. Applicants who have submitted non-priority applications will remain in “Review” status while priority applications are processed during the first 21 days. We do not anticipate communicating with applicants in “Review” status during this period.
  • Following a successful application submission, all applications will enter “IRS verification” status. This process may take up to seven days and allows the SBA to validate your application submission.

Use of Funds Validation

All RRF recipients have until March 11, 2023 to use award funds. Not later than December 31, 2021 all recipients are required to report through the application portal how much of their award has been used against each eligible use category. If the recipient fully expends their funds prior to December 31, 2021, they will be asked to certify in the application portal that proceeds have been used on eligible expenses. All recipients that do not fully expend award funds prior to December 31, 2021 will be required to complete annual reporting submissions until they fully expend the award funding or the period of performance expires. SBA reserves the right to request supplemental documentation needed to validate the certification. For more information on reporting use of RRF funds, consult the Restaurant Revitalization Program Guide.

############ SVOG ############

Shuttered Venue Operators Grant

This grant provides emergency assistance for eligible venues affected by COVID-19.

Notice: SVOG is no longer accepting new applications. The SVOG portal remains open to all active applicants and awardees.

About SVOG grant

A basic overview of the Shuttered Venue Operators Grant.

What is the Shuttered Venue Operators Grant?

The Shuttered Venue Operators Grant (SVOG) program was established by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, and amended by the American Rescue Plan Act. The program includes over $16 billion in grants to shuttered venues, to be administered by SBA’s Office of Disaster Assistance.

Eligible applicants may qualify for grants equal to 45% of their gross earned revenue, with the maximum amount available for a single grant award of $10 million. $2 billion is reserved for eligible applications with up to 50 full-time employees.

SVOG provides emergency assistance for eligible performing arts businesses affected by COVID-19.

The SVOG program’s mission is to support the ongoing operations of eligible live venues and operators, live venue promoters, theatrical producers, talent representatives, live performing arts organization operators, museums, and motion picture theaters during the uncertain economic conditions caused by the COVID-19 pandemic. See 15 USCS 9009a(b)(1)(B).

Eligibility

Notice: As of August 20, 2021, SVOG is no longer accepting new applications.

Eligible entities include:

  • Live venue operators or promoters
  • Theatrical producers
  • Live performing arts organization operators
  • Museum operators
  • Motion picture theater operators (including owners)
  • Talent representatives

Other requirements of note:

  • Must have been in operation as of February 29, 2020
  • Venue or promoter who received a PPP loan on or after December 27, 2020, will have the SVOG reduced by the PPP loan amount

Grant Amount

Grant amounts will reflect either of the following instances:

  • For an eligible entity in operation on January 1, 2019, grants will be for an amount equal to 45% of their 2019 gross earned revenue or $10 million, whichever is less.
  • For an eligible entity that began operation after January 1, 2019, grants will be for the average monthly gross earned revenue for each full month you were in operation during 2019 multiplied by six (6) or $10 million, whichever is less.

Applicant Information

Frequently Asked Questions: The list of FAQs answers common questions about the SVOG program, defines terms, and provides additional guidance. Please refer to and carefully review the FAQs for guidance as you complete the SVOG application.

Application Checklist: The Application Checklist is provided to assist you with gathering and preparing the necessary materials (documentation, information, and technology) needed for the SVOG application. Some of these items will be required, and some are examples of items that can be submitted as supporting evidence. The Application Checklist lists materials needed by all applicants as well as applicant-specific information. The application will direct you as you go through the application portal for your specific applicant type.

Applicant User Guide: The Applicant User Guide is a tool for technical assistance to guide applicants through the SVOG application portal with step-by-step instructions. Screenshots in the User Guide are for illustration purposes only. Content in the application portal will appear differently for different applicants.

SVOG-specific information about the IRS form 4506-T

How to clear a “Do Not Pay“ hold on your application

Visit the U.S. Department of the Treasury’s Do Not Pay – Privacy Program, scroll down to “Data Correction Process,” find the row for the match source, and use the Contact Information on the corresponding row to clear any misinformation. The applicant will have 30 days to provide SBA with information that their name has been cleared from the match source. For more detail, see the Post-application guidance.

Manage your SVOG grant

Administrative requirements for SVOG grantees.

Guidance Documents and FAQs

Informational Sessions and Other Assistive Aids

How to spend SVOG Award Funds

Allowable Use of Funds

Funds may be used for specific expenses, which include:

  • Payroll costs
  • Rent payments
  • Utility payments
  • Scheduled mortgage payments (not including prepayment of principal)
  • Scheduled debt payments (not including prepayment of principal on any indebtedness incurred in the ordinary course of business prior to February 15, 2020)
  • Worker protection expenditures
  • Payments to independent contractors (not to exceed $100,000 in annual compensation for an individual employee of an independent contractor)
  • Other ordinary and necessary business expenses, including maintenance costs
  • Administrative costs (including fees and licensing)
  • State and local taxes and fees
  • Operating leases in effect as of February 15, 2020
  • Insurance payments
  • Advertising, production transportation, and capital expenditures related to producing a theatrical or live performing arts production. (May not be primary use of funds.)

Grantees may not use award funds to:

  • Buy real estate
  • Make payments on loans originated after February 15, 2020
  • Make investments or loans
  • Make contributions or other payments to, or on behalf of, political parties, political committees, or candidates for election
  • Any other use prohibited by the Administrator

Grantee Recordkeeping

Grantees will be required to maintain documentation demonstrating their compliance with the eligibility and other requirements of the SVOG program. They must retain employment records for four years following their receipt of a grant and retain all other records for three years.

How to respond to the Final Budget Action Item

How to respond to the Expense Report Action Item

Get Technical Support with the SVOG Portal

For Shuttered Venue Operators Grant application portal technical assistance such as a password reset, browser suggestions, or how to use the multi-factor authentication with an app and the QR code, grantees can email svogrant@sba.gov or call 1-800-659-2955 or, for the deaf and hard-of-hearing 1-800-877-8339 and follow the prompts to SVOG assistance. The call center is open from 7PM-10PM CT, Monday to Saturday.

############ SBA Debt Relief ############

SBA Debt Relief

SBA offers debt relief to existing SBA loan borrowers whose businesses have been impacted by COVID-19.

7(a), 504, and Microloans

Initial Debt Relief Assistance

As a part of the CARES Act, SBA is authorized to pay six months of principal, interest, and any associated fees that borrowers owe for all 7(a), 504, and Microloans reported in regular servicing status (excluding Paycheck Protection Program loans). This debt relief to borrowers was originally dependent on the loan being fully disbursed prior to September 27, 2020, and does not apply to loans made under the Economic Injury Disaster Loan program.

These original provisions were amended on December 27, 2020, through the Economic Aid to Hard-Hit Small Businesses, Non-Profits and Venues Act (Economic Aid Act). The Economic Aid Act revised the eligibility criteria for assistance to include all 7(a), 504, and Microloans approved up to September 27, 2020, even if not fully disbursed. All other provisions for initial debt relief remained the same.

Borrowers need not apply for this assistance. SBA provides this assistance automatically as provided below:

  • For loans not on deferment, SBA will make monthly payments based on the next payment due on eligible loans for a total amount equivalent to no more than six months of installment payments.
  • For loans currently on deferment, SBA will begin making monthly payments with the first payment due after the deferment period ends for a total amount equivalent to no more than six months of installment payments.

SBA has notified 7(a), 504, and Microloan lenders that it will pay these borrower loan payments. Lenders are to report to SBA periodically on the amounts due once a loan is fully disbursed. Payments collected after March 27, 2020, may be applied to the outstanding loan balance or returned to the borrower at the borrower’s discretion.

Additional Debt Relief Assistance

The Economic Aid Act also authorized additional debt relief payments to 7(a), 504, and Microloan borrowers beyond the six-month period prescribed in the CARES Act. The level of assistance varies based on when the loan was approved and will begin on or after February 1, 2021. Please contact your lender for questions on the availability of this assistance for your SBA loan.

The initiatives described are limited to the level of available funding provided by Congress.

Disaster Home and Business Loans

Existing SBA disaster loans approved prior to 2020 in regular servicing status as of March 1, 2020, received an automatic deferment of principal and interest payments through December 31, 2020. This initial deferment period was subsequently extended through March 31, 2021. An additional 12-month deferment of principal and interest payments will be automatically granted to these borrowers. Borrowers will resume their regular payment schedule with the payment immediately preceding March 31, 2022, unless the borrower voluntarily continues to make payments while on deferment. It is important to note that the interest will continue to accrue on the outstanding balance of the loan throughout the duration of the deferment.

What does an “automatic deferral” mean to borrowers?

  • Interest will continue to accrue on the loan.
  • The automatic deferment will be reflected on the March 2021 monthly payment notice (SBA Form 1201);
  • Borrowers will not receive monthly payment notices (SBA Form 1201) during the deferment period;
  • Borrowers will be contacted via the SBA’s automated dialing system using the telephone number associated with the SBA loan approximately one month before the automatic deferment ends. This correspondence will serve as a reminder to borrowers of their upcoming Next Installment Due date in place of the monthly payment notice (SBA Form 1201);
  • Borrowers are strongly encouraged to create an account in SBA’s Capital Access Financial System (CAFS) to monitor their loan status. SBA provides instructions for borrowers on how to enroll in CAFs;
  • The deferment will not stop any established Preauthorized Debit (PAD) or recurring payment on the loan. Borrowers with an SBA established PAD will have to contact their SBA servicing center to stop recurring payments during the deferment period. Borrowers that have established a PAD through Pay.Gov or any other bill pay service are responsible for terminating recurring payments during the deferment period;
  • Borrowers preferring to continue making regular payments during the deferment period may continue remitting payments during the deferment period. SBA will apply those payments normally as if there was no deferment;
  • After the automatic deferment period ends, borrowers will be required to resume making regular principal and interest payments.
  • For SBA disaster home and business loans covered under the previous Procedural Notices authorizing automatic deferments, borrowers will be required to resume making regular principal and interest payments after the automatic deferment period ends March 31, 2022;
  • For eligible SBA disaster home and business loans approved in 2020, borrowers will be required to resume making regular principal and interest payments 12-months from their Next Installment Due Date pursuant to the terms of the Loan Authorization.
  • Upon request, SBA will evaluate borrower circumstances on a case-by-case basis to determine the nature and extent of further relief that may be appropriate for each situation.

If you have questions about your current loan and whether or not your loan is automatically deferred, please contact your loan servicing office directly using the following information:

  • Birmingham Disaster Loan Servicing Center:
    • Phone: 800-736-6048
    • Email: BirminghamDLSC@sba.gov
  • El Paso Disaster Loan Servicing Center:
    • Phone: 800-487-6019
    • Email: ElPasoDLSC@sba.gov

SBA Procedural Notice on additional deferments for existing and new SBA disaster loan borrowers

Cross-Program Eligibility on SBA COVID-19 Relief Options

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A summary of the criteria to meet when considering different funding options.

Paycheck Protection Program Applicant

Shuttered Venue Operators Grant Applicant

COVID-19 EIDL Applicant

Restaurant Revitalization Fund Applicant

PPP recipient

First Draw PPP borrowers may be eligible to apply for Second Draw PPP loans

May apply for SVOG if received a PPP loan; if PPP loan received after Dec. 27, 2020, the PPP loan amount will be deducted from the SVOG. May not apply for PPP after receiving SVOG

May apply for EIDL and PPP, but cannot be used for the same purpose/costs

PPP loans received by the RRF applicant will affect the applicant’s funding calculation

Shuttered Venue Operators Grant recipient

May not apply for PPP loan after receiving SVOG

May be eligible to receive a supplemental SVOG award

May apply for EIDL and SVOG, but cannot be used for the same purpose/costs

Entities that have a pending application for or received a Shuttered Venue Operators Grant are not eligible to apply for RRF

COVID-19 EIDL recipient

May apply for PPP, but cannot be used for the same purpose/costs as EIDL

May apply for SVOG, but cannot be used for the same purpose/costs as EIDL

May apply for one EIDL, then submit applications to increase funds from that same loan

May apply for EIDL and RRF

RRF recipient

PPP loans received by the RRF applicant will affect the applicant’s funding calculation

Entities that have a pending application for or received an RRF are not eligible to apply for Shuttered Venue Operators Grants

May apply for EIDL and RRF

The same business cannot apply for RRF more than once

Area SBA District Offices

San Antonio District Office (75.8 miles from Cuero, Texas)

Lower Rio Grande Valley District Office – Corpus Christi Branch Office (94.6 miles from Cuero, Texas)

Houston District Office (113.5 miles from Cuero, Texas)