COVID-19: Disaster Loan Program Runs Dry

Published: April 18, 2020, 1:48 a.m.

If you are a landlord in need of financial help from the disaster loan program and you haven\u2019t applied yet, you\u2019ll now have to wait until Congress agrees to provide more funding. The Small Business Administration announced on Wednesday, April 15th, that the Economic Injury Disaster Loan, or EIDL, and the Paycheck Protection Program, or PPP, have both run out of money and will not be accepting new applications. Already submitted applications are still being considered, but the process is slow-going. \xa0 www.NewsForInvestors.com