Updated 9/16/2021 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
- NEW! USDA Pandemic Response and Safety (PRS) Grant Program
- NEW! USDA Seafood Processors Pandemic Response and Safety (SPRS) Block Grant Program
- UPDATED! Economic Injury Disaster Loans (EIDL)
- Avoiding Scams/Spam
Find your local SBA Field Office at: https://www.sba.gov/tools/local-assistance/districtoffices
Pandemic Response and Safety (PRS) Grant Program
The Pandemic Response and Safety (PRS) Grant Program provides grants to food processors, distributors, farmers markets, and producers to respond to coronavirus, including for measures to protect workers against novel coronavirus 2019 (COVID–19). This program is authorized and funded under section 751 of the Consolidated Appropriations Act of 2021 (Pub. L. No. 116—260). USDA developed the PRS Grant Program in response to extensive stakeholder feedback during listening sessions in March 2021, and written comments provided through March 30, 2021. Information from the listening sessions is available online at: www.ams.usda.gov/services/ams-covid-stimulus.
Application Period Opens: September 23, 2021
Application Period Closes: 11:59 PM Eastern Time on November 8, 2021
All applications submitted before the deadline will be considered for funding. Applications will not be reviewed on a first-come, first-served basis.
Seafood Processors Pandemic Response and Safety (SPRS) Grant Program
The Seafood Processors Pandemic Response and Safety (SPRS) Block Grant Program provides grants to eligible state agencies and territories to support seafood processors, including at-sea processing vessels, to respond to coronavirus, including for measures to protect workers against COVID-19.
State agencies within select coastal States and American Samoa are eligible to apply directly to the U.S. Department of Agriculture for grant funds.
Seafood processors interested in the SPRS should contact their state agency for more information.
Check back for updates as this program is implemented.
SBA Economic Injury Disaster Loans (EIDL)
As of September 8, 2021, new COVID EIDL policy changes have taken effect that entail the below updates to the program:
- Maximum loan cap increased from $500,000 to $2 million
- Use of funds was expanded to include payment and pre-payment of business non-federal debt incurred at any time (past or future) and payment of federal debt
- Extend the deferment period to 24 months from origination for all loans (existing loans with a less than 24-month deferment will be adjusted)
- Affiliation requirements simplified to an affiliate is a business that you control or in which you have 50% of more ownership
- Developed additional path to meet program size standards for businesses assigned a NAICS code beginning with 61, 71, 72, 213, 3121, 315, 448, 451, 481, 485, 487, 511, 512, 515, 532, or 812
- Exclusivity Period: From September 8, 2021 to October 8, 2021, the above policy changes will be applicable to applications for <$500K while applications for >$500K will not be approved and therefore receive the policy changes until October 8, 2021
- See more details on the COVID-19 September 8, 2021 Policy Changes.
Effective October 8, 2021, the SSBA will begin approving loans greater than $500,000 up to $2 million. For details about the Targeted EIDL Advance and Supplemental Targeted Advance program, please visit SBA.gov/eidl.
EIDL Application & Overview
- Most up-to-date information: U.S. Small Business Administration Economic Injury Disaster Loan Portal
- Application: https://covid19relief.sba.gov/#/
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:
- Be in a low-income community. You can use this mapping tool to determine if your business meets the criteria.
- Wait for the SBA to contact you and invite you to apply. This email will come from an email ending in @sba.gov.
CROSS PROGRAM ELIGIBILITY
Can I apply for multiple programs?
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 @sba.gov. If you suspect phishing or fraud you can:
- Confirm any SBA disaster assistance emails by contacting (800) 659-2955 or email@example.com
- Visiting sba.gov/COVIDfraudalert
- Sending suspicious emails to Maine_DO@sba.gov for our State SBA office if it looks legit.