About Targeted EIDL Advance and Supplemental Targeted Advance

For the hardest hit businesses and private nonprofits, funds that do not need to be repaid.

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Notice: EIDL Advances are now closed

SBA is no longer accepting new Advance applications or reevaluation requests. We continue to process applications and reevaluations received prior to the deadlines.

SBA continues to offer other funding options for small businesses including traditional SBA loans.

Program overview

Applicants for the COVID-19 Economic Injury Disaster Loan (EIDL) may have been eligible to receive up to $15,000 in funding from SBA that did not need to be repaid. These "advances" are similar to a grant, but without the typical requirements that come with a U.S. government grant.

Targeted EIDL Advance

The Targeted EIDL Advance provided funds of up to $10,000 to applicants who were in a low-income community, could demonstrate more than 30% reduction in revenue during an eight-week period beginning on March 2, 2020, or later, and had 300 or fewer employees. 

Supplemental materials

Supplemental Targeted Advance

The Supplemental Targeted Advance provided a supplemental payment of $5,000 that does not have to be repaid. The combined amount of the Supplemental Targeted Advance ($5,000) with any previously received EIDL Advance or Targeted EIDL Advance ($10,000) will not exceed $15,000.

Applicants had to be located in a low-income community, prove more than a 50% economic loss during an eight-week period beginning on March 2, 2020, or later, and had 10 or fewer employees. 

Supplemental materials

Advance funds returned by banks

When a bank returns Targeted EIDL Advance or Supplemental Targeted Advance funds to SBA, the funds cannot be immediately re-disbursed. SBA is working to mitigate this issue. Additionally, we are providing the following information to help answer questions about returned funds:

  • My business was approved for a Targeted EIDL Advance (or Supplemental Targeted Advance) and I was informed that funds had been sent to my bank.  However, the money never showed up in my account and my bank says it returned the funds to SBA. Since you have determined my business is qualified, how can I get those funds?

    We are working on an update to our system that will enable us to re-disburse those funds as soon as possible.  If you have not already done so, please send an email with a photo ID front and back and a check with the word “VOID” written across it.  Please start the subject line of your email with your application number and send to: COVIDAdvanceBankReturns@sba.gov
  • Will I lose my place in line and have my funds given to another business?

    No. If the original disbursement was returned by the bank, be assured the funds were obligated for you and will remain available, even if the issue is not resolved immediately.
  • How long will I have to wait?

    We don’t have a specific time frame, but we are working diligently to resolve the issue quickly.
  • How will I know the matter has been resolved?

    Businesses awaiting re-disbursement will be notified when the funds are re-disbursed.
  • Why would the bank return the funds instead of putting them into my account?

    Some common reasons funds are returned is that the account is closed, the applicant provided an incorrect routing or account number, the name or EIN number on SBA’s deposit does not match the name or EIN number on the bank account, or the account is a personal account rather than a business account. You will need to contact your bank to learn the reason specific to your case.
  • What does SBA do when funds are returned to us?

    Our staff examines every case where funds are returned and contacts the applicant to request any additional information or documentation needed to overcome the reason for the return. Additional documentation includes but is not limited to a copy of the applicant’s photo identification and voided check for the correct account. Once we have the information needed to clear the issue, we take the necessary actions.

Information in other languages

Applications must be submitted in English. We provide documents in different languages to help you understand eligibility requirements, fill out applications, and answer frequently asked questions.

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Last updated June 26, 2023