Relief Programs Update | 3/31/2020

Updated: Apr 1, 2020

As of today the only 2 programs that are currently available to apply for are the the SBA 7(a) PPP (Paycheck Protection Plan) and the EIDL (Economic Injury Disaster Loan)

We HIGHLY recommend you apply for the SBA 7(a) PPP program.

• (As of current) IF you apply for the EIDL program YOU WILL NOT be able to apply for ANY of the current or future SBA 7(a) relief programs.

• (As of current) IF you apply for the SBA 7(a) PPP program you WILL be able to apply for future SBA 7(a) relief programs.

• The SBA 7(a) PPP program is up to 100% forgivable with approval. The EIDL program is not.

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For EIDL loans please apply directly through the SBA here. 11 Capital Finance, in this instance, works of behalf of both the borrower as a loan packaging agent. Final underwriting and loan payment is completed by our licensed SBA 7(a) lending partner. SBA lending guidelines must be met to fund the loan.

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