WASHINGTON – U.S. Small Business Administration Administrator Jovita Carranza announced today that agricultural businesses are now eligible for SBA’s Economic Injury Disaster Loan (EIDL) and EIDL Advance programs. SBA’s EIDL portal will reopen today as a result of funding authorized by Congress through the Paycheck Protection Program and Healthcare Enhancement Act. The legislation, signed into law by the President one week ago, provided additional funding for farmers and ranchers and certain other agricultural businesses affected by the Coronavirus (COVID-19) pandemic.
“For more than 30 years, SBA has been prohibited by law from providing disaster assistance to agricultural businesses; however, as a result of the unprecedented legislation enacted by President Trump, American farmers, ranchers and other agricultural businesses will now have access to emergency working capital,” said Administrator Carranza. “These low-interest, long-term loans will help keep agricultural businesses viable while bringing stability to the nation’s vitally important food supply chains.”
Agricultural businesses include businesses engaged in the legal production of food and fiber, ranching, and raising of livestock, aquaculture, and all other farming and agricultural related industries (as defined by section 18(b) of the Small Business Act (15 U.S.C. 647(b)). Eligible agricultural businesses must have 500 or fewer employees.
The SBA will begin accepting new EIDL applications on a limited basis only, in order to provide unprecedented relief to U.S. agricultural businesses. For agricultural businesses that submitted an EIDL loan application through the streamlined application portal prior to the legislative change, SBA will move forward and process these applications without the need for re-applying. All other EIDL loan applications that were submitted before the portal stopped accepting new applications on April 15 will be processed on a first-in, first-out basis.
For more information, please visit here.
###
About the U.S. Small Business Administration
The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.
Hi
My name is Sergey and I am a co-founder of Sweaty Quid Freelancer Marketplace just where you are able to buy and offer all types of online solutions varying from back links and guest post to explainer video tutorials, infographics and articles for your website.
I strongly believe that you and your site could really benefit from Sweaty Quid, whether you wish to offer your services or hire freelancers to aid you to grow your company.
I have been a freelancer on various marketplaces for in excess of 5 years and have had my accounts randomly closed down, my earnings misappropriated and I simply had a hard time with many low quality freelancers. After much unnecessary aggravation, I decided to start up my very own freelance market place that would do things in a different way and much better.
After almost one year of caffeinne powered nights, myself and my team at Creative Bear Tech have built up Sweaty Quid from ground up. One month into our release we have managed to bring in a pretty good number of quality freelancers and an extremely high number of repeat customers. I strongly believe this serves as a confirmation to our excellence.
Sweaty Quid is a spam-free and transparent marketplace for quality freelancers and buyers. We are rigorously banning all spammy vendors who do not pass our quality threshold and leave only the very best ones. Keeping up with the most recent technologcal developments, we also take cryptocurrency as one of our payment methods. Our ethos that defines us is that sometimes less is more, particularly when it comes to high quality freelancers.
We are still very new in comparison to other freelance marketplaces, but we are already punching above our weight.
I would love to welcome you personally to register with Sweaty Quid Freelancer Marketplace!
Kind regards
Sergey Greenfields
Founder of Sweaty Quid Freelancer Marketplace
Flat 9, 1 Jardine Rd, St Katharine’s & Wapping,
London E1W 3WD, United Kingdom
+447463563696
https://www.sweatyquid.com