COVID-19 Road to Recovery

SBA Kentucky District Office News - June 25, 2020

u s small business administration
SBA Road to Recovery from COVID-19 for Hispanic Owned Businesses

Join SBA Administrator Jovita Carranza, Regional Administrator Ashley Bell and others during a live call. Topic re: Recovery for Hispanic-Owned Small Businesses and non-profits. Reserve your spot to receive a call at 12 EDT tomorrow to join: www.access.live/SBA


  PPP Deadline to Apply: June 30

Changes to the PPP that recently went into effect include:

  • Lowering payroll expenses from 75% to 60% on PPP proceeds
  • Extending the rehiring period to 24 weeks or Dec. 31, 2020
  • Increasing the payment term to 5 years on new PPP loans

More details about the Paycheck Protection Program Flexibility Act here.

PPP Funds Still Available. Apply Now.

Forgivable loans to small businesses that keep employees on the payroll. Use the funds for payroll, rent, mortgage interest or utilities. Learn more


EIDL Re-Opens to Eligible Businesses

SBA Economic Injury Disaster Loan (EIDL)

The online portal is now open to eligible small and agricultural businesses and non-profit organizations for the SBA Economic Injury Disaster Loan (EIDL) and the EIDL Advance.    Learn more

SBA is continuing to process applications on a first-come, first-served basis. 

   Disaster Assistance Customer Service Center for EIDL / EIDL Advance

1-800-659-2955 (TTY: 1-800-877-8339) or disastercustomerservice@sba.gov


Online Tools to Help You

Tools to Help You Reopen 


Get the latest information on SBA loans, small business resources and events.

https://twitter.com/sba_kentucky       

SBA Twitter logo

SBA Computer Graphic

Webinars on COVID-19 & Reopening

Details here under Small Business Events.

More events listed here, at this link or SBA Learning Center.