SDBC Assistance On Sba Economic Injury Disaster Loans (EIDL)

The North San Diego Small Business Development Center is available to assist our business community with the SBA Economic Injury Disaster Loans. Our goal is to help clients fill out the SBA EIDL application correctly before submitting it online.

 (Here is the process whereby we “act as a second set of eyes” to go over the application:

1. Client registers with the SBDC at: http://sdsbdc.ecenterdirect.com/ClientSignupFull.action?CenterID=28
2. During registration select “COVID-19” as area of assistance
3. SBDC will contact client and set up an initial telephone appointment with an advisor
4. SBDC advisor will call the client at the appointment time and go over the SBA EIDL criteria, application documents
5. If client then interested in pursuing an EIDL the advisor will send them the needed forms to complete and email back to the advisor
6. The advisor will provide feedback to the client
7. The client will then complete the online application

As your business navigates the Covid-19 public health emergency, the San Diego and Imperial Small Business Development Center (SBDC) Network is here to help today with your immediate capital needs and in the long-term as you have to pivot and negotiate the eventual economic recovery. Their one-on-one business counseling services are free to you. Please register for services at https://sdsbdc.ecenterdirect.com/signup

As you navigate serious drops in cash flow and in preparation for requesting any capital assistance here some steps you can take: (1) contact your creditors to request a deferral on any loans you have, (2) work with your landlord if you are needing to delay any rent payment,  and (3) make sure your 2019 and prior financials are in order.
SBDC Webinar Video: (Note: as of 3/27/20 content of video doesn’t start until about the 16 minute point)