Despite having been told that all of the funds from the Economic
Injury Disaster Loan (EIDL) funding has been depleted, one our clients was
thrilled to find $7,000 had been deposited into his bank account this morning. The funds were received as part of the option
to receive up to $10,000 when applying for the EIDL. The EIDL application was
submitted on March 30th and no other communication had been received
prior to today. – The message – If you’ve previously submitted for the EIDL,
there’s still hope!
We have heard that there is more stimulus money coming and we
are optimistic that additional funding will be made available soon. Although
the SBA is not currently accepting EIDL applications, all indications suggest
that the program will open up again once additional stimulus funds are approved
There is hope on the horizon!
As we are learning to navigate through these times of
uncertainty and adjusting to our new normal, we here are at The Foresight Companies want to be your go-to source for all topics related to your
Please visit our COVID-19 new Business
Operations Resource Center frequently
as we continue to update as changes are occurring.
If you have any questions or concerns please
do not hesitate to pick up the phone and give one of us a call at
*Please note that as information is updated and modified, terms and
conditions are subject to change.