SBA Launches COVID-19 Supplemental Targeted Advance Program for Small Businesses

On April 22, 2021, the Small Business Administration (SBA) launched the Supplemental Targeted Advance Program, which offers up to $5,000 in COVID-19 small business relief to previous recipients of the Targeted EIDL (Economic Injury Disaster Loan) Advance or EIDL Advance. Completing the Targeted EIDL Advance application is a requirement to be considered for the supplemental program; the SBA will directly contact those who may qualify.