SBA $10,000 Emergency Cash Grant

Applicants can get $10,000 in emergency cash grants even if they don’t qualify for additional funds. Lending decisions are based on self-certification and the applicant’s credit score.  Because of the reduced qualifications and expedited nature of the process, it is expected the review process should go quickly. Unlike traditional Economic Injury Disaster Loans (EIDL), CARES waives the requirement that you be unable to obtain credit elsewhere which allow you to apply even if you have access to a credit line.

  • Qualified businesses can receive $10,000 in an emergency grant cash advance that can qualify for future forgiveness if funds are for maintaining payroll, paid leave of employees, increased expenses in supply chain, mortgage or lease payments or repaying contractual commitments that cannot be met due to revenue loss.
  • Independent contractors, sole proprietors as well as cooperatives and ESOPs with fewer than 500 employees and all non-profits are eligible.


How to Apply for the $10,000 Emergency Cash Grant

Direct application for these loans should be made at


Benefits and Stipulations of the $10,000 Emergency Cash Grant

Further benefits are no loan, guarantee or prepayment fees.  As of March 30, 2020 a streamlined online application has been implemented.  It is important to apply for “Economic Injury for the Coronavirus” instead of the physical damage due to another disaster.

Your business had to have been in operations as of January 31, 2020 to qualify.  These funds are not intended for businesses that have “started up” after January 31, 2020.  Additional information related to SBA and coronavirus can be obtained at


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