In addition to these efforts combating the surge caused by the Delta variant, the Biden Administration has called upon the Small Business Association (SBA) to increase financial support for small businesses.
Specifically, the SBA is strengthening its COVID-19 Economic Injury Disaster Loan (EIDL) program by increasing available loan amounts from $500,000 to $2 million.
Read on for more details related to this latest EIDL expansion.