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SBA Increases EIDL Cap

SBA Increases EIDL Cap "Wood block stacking as step stair, Business concept for growth success process"

The SBA is expanding its Economic Injury Disaster loan cap to $2 million dollars, reports Small Business Trends. 

As cities, states, and countries mull over how to tackle the Delta variant of COVID-19, the SBA has announced it is expanding the Economic Injury Disaster Loan (EIDL) cap to $2 million.

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