Cross Program Eligibility on SBA Coronavirus Relief Options

Cross Program Eligibility on SBA Coronavirus Relief Options

A summary of criteria that must be met when considering different funding options

PPP Applicant Shuttered Venue Operators Grant Applicant COVID-19 EIDL Applicant
PPP Recipient

First Draw PPP borrowers may be eligible to apply for Second Draw PPP loans

May apply for SVOG if received a PPP loan prior to 12/27/20

May apply for EIDL; PPP and EIDL can’t be used for the same purpose/costs

Shuttered Venue Operators Grant Recipient

Not eligible to apply for PPP loan

May be eligible to receive a supplemental SVOG award

May apply for EIDL; SVOG and EIDL can’t be used for the same purpose/costs

COVID -19 EIDL Recipient

May apply for PPP; EIDL and PPP can’t be used for the same purpose/costs

May apply for SVOG; EIDL and SVOG can’t be used for the same purpose/costs

The same business cannot apply for more than one EIDL

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