Side by side comparison of PPP and EIDL
Story Date: 4/7/2020

 

Source:  NATIONAL FEDERATION OF INDEPENDENT BUSINESS, 4/6/20


Loan Program Economic Injury Disaster Loan (EIDL) Paycheck Protection Program Loan (PPPL) Lender Small Business Administration (SBA) Financial institutions (commercial banks, credit unions, and other approved lenders) Program Period January 31, 2020 – December 31, 2020 February 15, 2020 – June 30, 2020 (Loan covers 8-weeks of eligible expenses within above

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