UP TO $10K Disaster Loan Advance
Dear Small Business, Friends and Partners,
Yesterday evening, EIDL applicants that already submitted in the previous system received an email instructing those that wish to request a FORGIVABLE advance of up to $10K to submit a new application on the new portal.
If you are submitting a new application, please follow the new streamlined steps in the portal (https://covid19relief.sba.gov/#/) as the questions are mostly the same from all the required documents in the previous version of the portal.
All small businesses and nonprofits are encouraged to apply for EIDL and request an Economic Injury Disaster Loan advance of up to $10,000. The loan advance will not have to be repaid.
If you already submitted an application and want to check on status, please call customer service at 1-800-659-2955 (TTY: 1-800-877-8339) or e-mail disastercustomerservice@sba.gov
Thank you for your continued patience as we are committed to continually providing updated information as we get it.
Please direct all inquiries and questions to our District Office email at:
MassachusettsDO@sba.gov
Regards,
Bob Nelson
District Director
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Additional Links and Resources:
If you are ready to apply online and just need an aid to walk you through the questions, please review the STEP-BY-STEP PDF and the RECORDED WEBINAR below…
Handout: SBA Disaster Assistance in Response to the Coronavirus
Handout: Asistencia de Desastre de la SBA en Respuesta al Coronavirus
RESOURCE PARTNERS
Center for Women and Enterprise is open virtually!
How are you being impacted and what do you need?
CWE is doing a SURVEY to understand our local small businesses.
Please FILL OUT THE SURVEY and let them know how your business is being impacted by the current pandemic. Share what issues you are facing, questions you are having and resources you need.
CWE will mobilize the network of small business expert friends to help you address specific challenges you may be having in your business in the coming weeks.
WE ARE OPEN FOR BUSINESS!
Staff are working remotely and can be reached via email or telephone. MSBDC is committed to supporting entrepreneurs during these very challenging times.
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MSBDC advisors can assist businesses with disaster loan applications.
If you are not currently a client and would like to speak with a counselor, please find your region and reach out to the REGIONAL OFFICE SERVING YOU.
Berkshire Regional Office
33 Dunham Mall, Suite 103
Pittsfield, MA 01201
413-499-0933 | Fax: 413-499-3005
www.msbdc.org/berkshire
Central Regional Office
Clark University
The Carriage House, 125 Woodland Street
Worcester, MA 01610
508-793-7615 | Fax: 508-793-8890
www.clarku.edu/offices/sbdc
Northeast Regional Office
Salem State University
121 Loring Avenue, Suite 310
Salem, MA 01970
978-542-6343 | Fax: 978-542-6345
www.salemstate.edu/sbdc
Procurement Technical Assistance Center
Scibelli Enterprise Center
1 Federal Street, Building 1
Springfield, MA 01105
413-545-6303 | Fax: 413-737-2312
https://www.massptac.org
Southeast Regional Office
200 Pocasset Street
Fall River, MA 02721
508-673-9783 | Fax: 508-674-1929
www.msbdc.org/semass
Western Regional Office
Scibelli Enterprise Center
One Federal Street, Building 101
Springfield, MA 01105-1160
413-577-1768 | Fax: 413-737-2312
www.msbdc.org/wmass
(IF ANY CONTACTS IN THIS EMAIL DO NOT WORK, PLEASE REACH OUT TO NORM AND LET US KNOW!! Email: norman.eng@sba.gov)
Counseling Sessions with BOSTON SCORE CHAPTER:
If you want to speak with a counselor, SCORE is doing tele-consults. Just pick a date and time to schedule a session and enter your contact info, they are doing sessions by phone and Zoom video app.
Reach out to other SCORE CHAPTERS throughout the state below.
UPCOMING WEBINARS
Thursday 4/2/20 at 10am
6 Essential Steps to Create An eBook to Market Your Business
Thursday 4/16/20 at 10am
Intellectual Property for Small Businesses
Wednesday 4/29/20 at 10am
Funding Options – What to consider and Where to Find It.
WEBINAR: Disaster Assistance in Chinese (Mandarin)
Thursday, April 2, 2020 from 1:00 P.M to 2:00 P.M.
How to Apply for SBA Economic Injury Disaster Loan (EIDL) and Other Assistance Programs for your Business/Non-profit Organization
中文網上說明會
如何申請聯邦經濟受損災難貸款及其他新協助方案
小企業及非營利組織
Presenters:
Norman Eng, Public Affairs Specialist, U.S. Small Business Administration
Man-Li Kuo, Economic Development Specialist, U.S. Small Business Administration
講員： 郭曼麗，經濟發展專員，聯邦小企業部
WEBINAR: Thirty on Thursday: Coronavirus Response Act – What Does this Mean for Employers?
Thursday April 2 at 11AM – 11:30AM
Join us for a conversation hosted by AIM with Robert Nelson, District Director of SBA’s Massachusetts District Office, and Ili Spahiu, Lead Lender Relations Specialist at the SBA to learn how your business could qualify for an Economic Injury Disaster Loan. The SBA’s Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing due to COVID-19.
WEBINAR with SCORE Western Massachusetts and Oreste Varela Springfield Branch Manager
April 2 from 12:30 pm to 2:00 pm using Zoom
(register to get the online meeting site)
with speakers:
- Jim Gosselin, Certified SCORE Mentor
- Len Gendron, Vice Chairman & Workshop Chairman
WEBINAR with Venture Cafe Cambridge
Thursday April 2 at 4PM
CLICK HERE TO ENTER THE VIRTUAL VENTURE CAFE ON 4/2/20 BEGINNING AT 3PM
SBA Economic Injury Disaster Loan Overview
As of Wednesday, March 18th the SBA’s Economic Injury Disaster Loan program has been activated statewide in Massachusetts. Staff from the local district office are ready to help small businesses understand the resources available and navigate the process of submitting a disaster loan application.
Updated details about the SBA Economic Injury Disaster Loan and how to apply will be provided.
ON-DEMAND INFORMATION
RECORDED INTERVIEW: Bob Nelson on North Shore Conversations
Listen to District Director Robert Nelson on a recorded podcast with Laura Swanson Executive Director at the Enterprise Center at Salem State University talk about statewide activation of the Economic Injury Disaster Loan program.
Boston SCORE: Coronavirus – What Employers and Employees Need to Know
Topics will include:
Most recent legislative updates and the impact on your business
What to do should you face a temporary closure or reduction in staff
Understanding Sick Time, Vacation/PTO and FMLA – what to offer and when
Employee Health Guidelines – what to do should an employee disclose exposure to the virus or become symptomatic
(Presented by Boston SCORE Chapter)
OTHER RESOURCES & ANNOUNCEMENTS
Disclaimer: The SBA does not endorse the organizations sponsoring linked websites, and does not endorse the views they express or the products/services they offer. All programs and services are extended to the public on a nondiscriminatory basis.
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