How to use this tool
Check the units, enter your values, and run the tool. Results follow the assumptions and method below.
Calculation method
Original2020 EIDL advance USD
min(10000,1000*employees)Historical closed original2020 EIDL Advance, USD1,000 per recognized employee capped at10,000. Employee count and eligibility must already be established under SBA rules; no employee/sole-owner classification decision. Not2021 Targeted/Supplemental advances or a current application.
Historical closed original2020 EIDL Advance, USD1,000 per recognized employee capped at10,000. Employee count and eligibility must already be established under SBA rules; no employee/sole-owner classification decision. Not2021 Targeted/Supplemental advances or a current application.
Enter your values and run the tool to see your result.
Check the units, enter your values, and run the tool. Results follow the assumptions and method below.
min(10000,1000*employees)