SBA & Federal Relief Resources

Updated 06/04/2021 10:12 AM EST

Please Note: These are new programs being implemented in real time, and may change frequently. Please check back for updated information.

Use the following links to skip to the relevant sections

Find your local SBA Field Office at:

Paycheck Protection Program (PPP)

As of June 1, 2021, the SBA is no longer accepting applications for the Paycheck Protection Program. The PPP is only one of eight disaster relief programs established by Congress to assist small businesses during the COVID-19 pandemic.  Other programs include Economic Injury Disaster Loan (EIDL), EIDL Advance, Targeted EIDL Advance, Supplemental EIDL Advance, Restaurant Revitalization Fund, Shuttered Venue Operators Grant, and SBA Debt Relief program. To learn more about these programs, read the the other resources on this page or visit

PPP Loan Forgiveness

Note: The EZ application requires fewer calculations and less documentation for eligible borrowers.  Details regarding the applicability of these provisions are available in the instructions to the new EZ application form. 

Both applications give borrowers the option of using the original 8-week covered period (if their loan was made before June 5, 2020) or an extended 24-week covered period.  These changes will result in a more efficient process and make it easier for businesses to realize full forgiveness of their PPP loan. 

SBA will forgive loans if all employee retention criteria are met, and the funds are used for eligible expenses.

  • PPP loans have an interest rate of 1%.
  • Loans issued prior to June 5 have a maturity of 2 years. Loans issued after June 5 have a maturity of 5 years.
  • Loan payments will be deferred for borrowers who apply for loan forgiveness until SBA remits the borrower’s loan forgiveness amount to the lender. If a borrower does not apply for loan forgiveness, payments are deferred 10 months after the end of the covered period for the borrower’s loan forgiveness (either 8 weeks or 24 weeks).
  • No collateral or personal guarantees are required.
  • Neither the government nor lenders will charge small businesses any fees.

SBA Economic Injury Disaster Loans (EIDL)

The U.S. Small Business Administration launched a new round of Economic Injury Disaster Loan (EIDL) assistance – called Supplemental Targeted Advances – on April 22, 2021 that will provide $5 billion in additional assistance to 1 million small businesses and nonprofit organizations that have been most severely affected by the economic effects of the COVID-19 pandemic.

increase the maximum loan amounts for COVID-19 EIDL assistance from 6 months of working capital with a maximum of $150,000 up to 24 months of working capital and a maximum of $500,000. SBA also announced on March 12 that the agency would extend deferment periods for all disaster loans, including COVID-19 EIDLs, until 2022 to provide more time for businesses to build back.

Effective April 22, the SBA modified the Targeted EIDL Advance application process to determine if businesses also qualify for the additional $5,000 Supplemental Targeted Advance.  SBA will contact eligible business entities to apply and applications will be processed on a firstcome, firstserved basis. To qualify for the Supplemental Targeted Advance, an eligible business entity must be in a low-income community, suffered greater than 50 percent economic loss, and have 10 or fewer employees. For details about the Targeted EIDL Advance and Supplemental Targeted Advance program, please visit

EIDL Application & Overview

Small business owners (fewer than 500 employees or a sole proprietor and/or independent contractors), including agricultural businesses, and nonprofit organizations in all U.S. states, Washington D.C., and territories can apply for an Economic Injury Disaster Loan. The EIDL program is designed to provide economic relief to businesses that are currently experiencing a temporary loss of revenue due to coronavirus (COVID-19).

(Firefox or Internet Explorer preferred browser for applications. Issues have been identified with Chrome and Safari.)

Targeted EIDL Advance

The SBA has released some information about the Targeted EIDL Advance.  These advances are being made available to businesses received a previous EIDL Advance in an amount less than $10,000 (first priority) and businesses that applied for EIDL assistance before December 27, 2020 but did not receive an EIDL Advance because available funding was exhausted in mid-July 2020 (second priority).   In order to receive a targeted EIDL advance you must:

  1. Be in a low-income community.   You can use this mapping tool to determine if your business meets the criteria.
  2. Wait for the SBA to contact you and invite you to apply.  This email will come from an email ending in

Find the SBA’s FAQ’s here.


 Shuttered Venues Grant program (SVOG) reopens at noon EST on 4/26/21 –

If you want more information about this grant you can visit the SBA’s SVOG page to learn who can apply, how grants will be awarded, and allowable uses of funds.  Also, the SBA’s SVOG FAQ page is actually quite thorough and helpful. Two important take-aways in the interim:

In order to apply for the SVOG you will need to be registered in the U.S. government’s System for Award Management,  This registration can take a couple of days under normal circumstances, and there could well be a delay if there’s a flood of applicants once SVOG applications are released.  We recommend that you apply now.   Learn more about how to apply for here.


Restaurant Revitalization Fund Opens Friday, April 30th

The Restaurant Revitalization Fund (RRF) has been established to provide funding to help restaurants and other eligible businesses keep their doors open. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location.

Who Should Apply?

The RRF is open to the following types of restaurant and food service businesses:

  • Restaurants
  • Food stands, food trucks, food carts
  • Caterers
  • Bars, saloons, lounges, taverns
  • Snack and nonalcoholic beverage bars
  • Bakeries (onsite sales to the public comprise at least 33% of gross receipts)
  • Brewpubs, tasting rooms, taprooms (onsite sales to the public comprise at least 33% of gross receipts)
  • Breweries and/or microbreweries (onsite sales to the public comprise at least 33% of gross receipts)
  • Wineries and distilleries (onsite sales to the public comprise at least 33% of gross receipts)
  • Inns (onsite sales of food and beverage to the public comprise at least 33% of gross receipts)
  • Licensed facilities or premises of a beverage alcohol producer where the public may taste, sample, or purchase products

You must demonstrate a pandemic related revenue loss in order to qualify for the RRF.

How Much Money Could My Business Receive From the RRF?

Good question! However, as with EIDL and PPP, there is no straight answer. The amount you could receive is based on your gross receipts minus PPP loan amounts. Here’s what this calculation could look like for your business:

1) Applicants in operation prior to or on January 1, 2019:

RFF amount = 2019 gross receipts – 2020 gross receipts – PPP loan amounts.

2) Applicants that began operations partially through 2019:

RFF amount = (Average 2019 monthly gross receipts x 12) – 2020 gross receipts – PPP loan amounts.

3) Applicants that began operations on or between January 1, 2020 and March 10, 2021 and applicants who are not yet opened but have incurred eligible expenses:

RFF amount = Amount spent on eligible expenses between February 15, 2020 and March 11, 2021 – 2020 gross receipts – 2021 gross receipts (through March 11, 2021) – PPP loan amounts.

For those entities who began operations partially through 2019, you may elect (at your own discretion) to use either calculation 2 or calculation 3.

IMPORTANT NOTE: You do NOT need to include EIDL loans or advances, PPP loans, or other State or local CARES act funds or local grants in your gross receipts.

The SBA may provide funding up to $5 million per location, not to exceed $10 million total for the applicant and any affiliated businesses. The minimum award is $1,000.

When is the Deadline for Applying?

For the first 21 days that the program is open, the SBA will prioritize funding applications from businesses owned and controlled by women, veterans, and socially and economically disadvantaged individuals. All eligible applicants are encouraged to submit applications as soon as the portal opens. Following the 21 days, all eligible applications will be funded on a first-come, first-served basis. We strongly recommend that you apply sooner than later!

How do I Apply?

Applications will be able to be completed in three ways:

  1. Through the portal: (more on that below)
  2. Through POS systems: Square, Toast, Clover and NCR
  3. By phone – not suggested, as it estimated to take 2 weeks longer to process

The application opens on Monday, May 3rd.

If you plan to apply through you should pre-register at on Friday, April 30th. Pre-registration is not necessary if you register through your POS system. Mark your calendar!

You will need the following items to complete the RRF application:

  • Business tax returns (IRS Form 1120 or IRS 1120-S)
  • IRS Forms 1040 Schedule C; IRS Forms 1040 Schedule F
  • For a partnership: partnership’s IRS Form 1065 (including K-1s)
  • Bank statements
  • Externally or internally prepared financial statements such as Income Statements or Profit and Loss Statements.
  • Comfort letter prepared by your CPA or accounting professional supporting the use of eligible expenses as part of the award justification and documentation process. (This is not absolutely required, but will result in the fastest SBA review of your application)

See the complete list of documentation here.

The SBA has also provided a Sample Application. Take a cruise through it and if you have questions, email us at, or call the new RRF Help Line: 844-279-8898

Is This Like PPP?Can the money only be used for certain things or I have to pay it back?

Well….Kind of. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023. The good news is that eligible expenses cover a lot of things including:

  • Business payroll costs (including sick leave)
  • Payments on any business mortgage obligation
  • Business rent payments (note: this does not include prepayment of rent)
  • Business debt service (both principal and interest; note: this does not include any prepayment of principal or interest)
  • Business utility payments
  • Business maintenance expenses
  • Construction of outdoor seating
  • Business supplies (including protective equipment and cleaning materials)
  • Business food and beverage expenses (including raw materials)
  • Covered supplier costs
  • Business operating expenses

Important Notes


Can I apply for multiple programs?

Check out this guide to Cross-program eligibility on SBA COVID-19 relief options.


Many small businesses continue to receive phishing emails from entities posing as the SBA, World Trade Finance Company, and others.  Remember that any email from the SBA will ONLY come from email accounts ending in   If you suspect phishing or fraud you can:

  1. Confirm any SBA disaster assistance emails by contacting (800) 659-2955 or
  2. Visiting
  3. Sending suspicious emails to for our State SBA office if it looks legit.

Menu photo created by jannoon028 –

CEI Stories

Mosher’s Seafood

Tawnya Clough dreamed of owning her own business since her college days at the University of Maine at Farmington. When the opportunity to purchase a popular…
Read MoreMore CEI Stories
The CEI offices remain closed to the public, but we're hard at work! Reach out or click here for a list of COVID-19 Business Resources.