Governor Noem spoke recently about options that small businesses will have through the SBA (Small Business Administration). Small businesses, 500 employees or less, have tools available to help bridge the gap during this challenging time.
SD SMALL BUSINESS DISASTER RESPONSE:
The SBA Coronavirus website details the process for initiating the Economic Injury Disaster Loan Program (EIDL). South Dakota small businesses and non-profits impacted by COVID-19 are encouraged to download, complete, and submit this SBA EIDL Worksheet to expedite activation of the EIDL program.
Submit completed forms to:
State of South Dakota Governor’s Office of Economic Development
If you have questions about the application, contact:
GOED Community Development Director
Please note, this is an initial survey form only – not an SBA loan application. When the EIDL program is activated, businesses will be contacted to apply directly to the SBA.
For the most current information from the State of South Dakota for small business disaster response for COVID-19 economic impact, please refer to https://news.sd.gov/.