Economic disaster loans will continue to be offered in 2021
The Small Business Administration has announced that the application for Economic Disaster Lending (EIDL) has been extended until the end of 2021. This extension was approved by Congress and enacted by President Trump as part of the recent budget and COVID-10 legislation. .
EIDL loans are to help bring relief to small businesses and nonprofits that have suffered temporary loss of income due to COVID-19. If you are a small business owner, please visit link here for more information. Additional information on COVID-19 related assistance for small businesses and hard-working Americans is available on my website at: https://webster.house.gov/coronavirus19.
A constituent contacted my office after his credit union mistakenly declined the two Small Business Administration (SBA) deposits for his small business loans. The settlor had contacted the SBA on several occasions without any success to obtain the redeposited payments. My office sent a congressional investigation to the SBA, and after investigating the issue, the agency resolved the erroneous denial and successfully resent the payments.
Constituent services are an essential part of our congressional office. The federal government is a massive operation, and my office is available if you ever need help navigating the bureaucracy or reducing the bureaucracy. We are here at your service.
Congressman Daniel Webster represents The Villages in the United States House of Representatives.