Beyond PPP and EIDL: Other ways the SBA – and the right lender – can help grow your business
Many businesses are still reasonably well-capitalized after taking advantage of the Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL). These lending programs, which were backed by the Small Business Administration (SBA), provided a crucial lifeline for many business borrowers during the worst of the COVID-19 pandemic.
However, pandemic lending programs were never meant to be permanent. As PPP and COVID-19 EIDL loans begin to wind down, business owners should be aware of…