The Small Business Administration (SBA), in consultation with the Treasury, will promptly issue rules and guidance, a modified borrower application form, and a modified loan forgiveness application implementing these legislative amendments to the PPP. These modifications will implement the following important changes:
Extend the covered period for loan forgiveness from eight weeks after the date of loan disbursement to 24 weeks after the date of loan disbursement, providing substantially greater flexibility for borrowers to qualify for loan forgiveness. Borrowers who have already received PPP loans retain the option to use an eight-week covered period.
EIDL Portal is Open
The Small Business Administration's Economic Injury Disaster Loans and Advance Program Reopened to All Eligible Small Businesses and Non-Profits Impacted by COVID-19 Pandemic.
SBA’s COVID-19 Economic Injury Disaster Loan (EIDL) and EIDL Advance
Nassau County Chamber of Commerce Blog
Chamber Member Updates, Events and News