As we wrote in February at https://schwartzaccountants.com/2021/02/additional-eidl-advance-funds-may-be-available/, the SBA has started reaching out to inform practice owners who didn’t receive the full $10k EIDL Advance last April that they might be eligible for an additional grant now.  To qualify for the Targeted EIDL Advance, your practice must be located in a low-income community per the map available at: https://sbaeidl.policymap.com/app and you need to demonstrate a 30% reduction in revenue for an 8-week period beginning 3/2/20 or later. Plus, you need to wait to be contacted by the SBA to apply.

If you have been contacted by the SBA by email regarding additional EIDL funds available, please read through our blog post or check out what the SBA posted about the new Targeted EIDL Advance at: https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/covid-19-economic-injury-disaster-loans.