The SBA has changed their loan program in the aftermath of CARES act. Up to the first $10,0000 of Economic Injury Disaster Loan (EIDL) may now be a treated as GRANT meaning you will not have to pay it back. The app is here- https://covid19relief.sba.gov/#/
You’ll need a profit and loss from January 31, 2019 – January 31, 2020. You’ll also need to unfreeze your credit report if you’ve frozen it. The SBA determines initial loan size based on your credit score, not your ability to pay.
We are here to assist employers and business taxpayers with loan application process. Please do not hesitate to contact us!