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SBA Has a New Online Application to Apply for the Economic Injury Disaster Loan and Loan Advance

This whole govt program has been changing, apparently several times a day since implementation. If you have filled out a treasury department PPP application form prior to receiving the one in the link provided, discard it as it is not the final application form. 
 
The one you can open in this link is the "alleged" final application form and the other information contained is also the "alleged" final information as we find a federal register notice from the treasury dept that could be published today. 
 
Sorry for all the confusion but we have attempted to stay on top of this issue at every move by the government. According to the information in the link the loan process opens today. 
 
We advise you to check with your current bank and or lenders to find more details as they may know more. We hope this helps and we will continue to keep all informed as we receive more info. This link was provided to me by FL Senator Rubio’s office as he is Chair of the Senate Small Business Committee.
 
Click the link:
NACO Update: SBA NEW APPLICANT Forms Released
 
IMPORTANT information was just published by the SBA regarding the need to reapply for the Economic Injury Disaster Loan using the streamlined portal if you intend to ask for the $10,000 Advance and applied before March 30.
 
Per SBA web site: 
To apply for the Advance, you must submit a new application even if you previously submitted an EIDL application. Applying for the Advance will not impact the status or slow your existing application.
 
New Economic Injury Disaster Loan Applicants using the new streamlined online application may request the $10,000 Loan Advance in the application. Detailed information on the change and the streamlined application form can be found at the following SBA link.
 

Trump signs $2 trillion coronavirus relief bill

GP: Donald Trump signing bill 200327
President Donald Trump signs the CARES act, a $2 trillion rescue package to provide economic relief amid the coronavirus outbreak, at the Oval Office of the White House on March 27, 2020. plan.
Jim Watson | AFP | Getty Images
 
This has been a trying time for all in the country and indeed the world. There has never been anything like this that affects so many lives and as a result our National economy. On behalf of the members of NACO and those commercial fishermen I represent of SOFA and working with a multitude of for hire charter boat owners, commercial fishermen, passenger vessel owners, and fish processors, I as well as others have worked tirelessly for over two weeks with many Congressional Leaders to ensure all of us were included in this desperately needed legislation. 
 
In all my years of working on a host of issues to provide financial and regulatory relief to the fishing and passenger vessel industries with great success over the years, this issue by far is the most important issue I have had the pleasure of working on everyone’s behalf to ensure we can continue in business. 
 
I personally want to thank everyone, if you are member of NACO and SOFA member I want to thank you for your continued financial and physical support and help when called upon, if you are not a member of either association but have responded to our calls for support with contacting your legislators thank all you as well. 
 
Working together as we have shows everyone the power in numbers and standing together. Although at times there are differences in needs and philosophy, this effort and others in the past have shown that there are many issues we all have in common and those we don’t can be worked on.. 
Give and take always works.
 
Thanks to everyone, none of this could be accomplished without Your support.
 
Capt Bob Zales, II
President
NACO
 
 
 
Bare with us In moving forward we will generate more info on how to begin the process and assist as needed. Send your questions via email so we can be sure to answer you.
 
Thank you all for lending your voice in this endeavor.
With hope for better things to come!
Susan I. Mason-Yadav
Executive Director
info@nacoharters.org