SBA has options for financial assistance beyond the PPP

The SBA closed the Paycheck Protection Program to applicants after disbursing $798 billion in loans to 8.5 million small businesses, according to The Business Journals. For businesses that were denied loans or are still in need of aid, the Economic Injury Disaster Loan still had $263 billion in loan program authority left as of late May, while disbursement of funds under the Targeted EIDL Advance and Supplemental EIDL Advance grant programs continues to small businesses that illustrated the largest revenue reductions during the pandemic.