new EIDL guidance. $1k per employee up to $10k grant instead of standard $10k per applicant Stimulus: EIDL Grant For Small Businesses Will Be $1,000 Per Employee, Per SBA Clarification - Doctor Of Credit EIDL Loan advances will start to be distributed this week. $1000 per employee up to $10,000 max EIDL Loans - IF YOU DID NOT APPLY THROUGH THE STREAMLINED PROCESS WHICH STARTED LAST WEEK, SBA request that you visit https://covid19relief.sba.gov/#/ and reapply with the secure streamlined process. You will not lose your place in queue with your original EIDL loan application. EIDL loans will not require a personal guarantee for loans under $200,000 EIDL loans will not require real estate collateral for loans under $500,000. SBA will be looking be best available lien priority on all business assets or other business assets.