• NJSBDC Network

SBA COVID-19 Relief Cross Program Eligibility

SOURCE: SBA.gov


The options for you to take advantage of the COVID-19 Relief Programs offered by the SBA can be a bit confusing. We've listed a summary of the criteria below to meet when considering different funding options.



PPP recipient

  • First Draw PPP borrowers may be eligible to apply for Second Draw PPP loans

  • May apply if received a PPP loan prior to applying for SVOG. If PPP loan received on or after Dec. 27, 2020, the amount will be deducted from SVOG.

  • May apply for EIDL, but cannot be used for the same purpose/costs as PPP


Shuttered Venue Operators Grant recipient

  • May not apply for PPP loan after receiving SVOG

  • May be eligible to receive a supplemental SVOG award

  • May apply for EIDL, but cannot be used for the same purpose/costs as SVOG


COVID -19 EIDL recipient

  • May apply for PPP, but cannot be used for the same purpose/costs as EIDL

  • May apply for SVOG, but cannot be used for the same purpose/costs as EIDL

  • The same business cannot apply for more than one EIDL


For assistance with applying to any of the programs listed above, please go to https://njsbdc.com/CapitalTeam.



READ MORE:

https://www.sba.gov/funding-programs/loans/covid-19-relief-options/cross-program-eligibility-sba-covid-19-relief-options

Funded in part through a Cooperative Agreement with the U.S. Small Business Administration, The New Jersey Small Business Development Centers (NJSBDC) network is also funded by the State of New Jersey and is hosted by Rutgers Business School: Newark and New Brunswick.

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