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  • Business Directory
  • Events & News
    • Chamber Calendar
    • Community Calendar
    • News
    • Blog
  • Membership
    • Membership Application
    • Member Login
    • Resources
    • Business Advice
    • Business Education Series
  • The Falmouth Area
    • VISIT >
      • BEACHES
      • FERRIES
      • Accommodations >
        • Reservations: Hotels & Motels
        • Reservations: Bed & Breakfasts
      • Get Here / Area Map
      • PLAN YOUR VISIT - GET INFORMATON
  • About Us
    • Advertise With Us
    • Our Team
    • Board of Directors
    • Ambassadors
    • President's Message
    • Job Bank
    • Coupons
    • Contact

Falmouth News

ARTICLE

Date ArticleType
4/25/2020 Member News

Important Update on SBA Economic Injury Disaster Loan (EIDL) Program

Information provided by Coastal Community Capital

The SBA Economic Injury Disaster Loan (EIDL) Program has begun funding advances up to $10,000 ($1,000 per employee) on applications that were submitted at the end of March/early April. Please note, this is NOT the Payroll Protection Program.

There is a 2-3 week delay in processing, and businesses may not receive notification by phone or email that an advance has been approved.

Please check your business bank account to see if the advance has been deposited without notification!

Businesses can also call the SBA Office of Disaster Assistance Customer Service Center number (800) 659-2955 or email: disastercustomerservice@sba.gov  for a status of applications.

We will continue to provide updated information as it becomes available. 

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