The U.S. Small Business Administration’s Economic Injury Disaster Loan program expired on December 31, 2021, and is no longer accepting new loan applications or advances. However, the SBA will continue to accept and review appeal requests for loan applications received on or before December 31, depending on whether the appeal was received within the timeframes of the regulation; this means six months from the date of decline for reconsiderations and 30 days from the date of reconsideration decline for appeals, unless funding is no longer available.
Additionally, borrowers can request increases up to their maximum eligible loan amount for up to two years after their loan origination date, or until the funds are exhausted, whichever occurs first.
Also, the Employee Retention Tax Credit officially expired in on September 30, 2021. However, small businesses can retroactively claim the credit until 2024.
