Sunday, November 27, 2022
Home Business tips Comment on Small Businesses Have Until Feb. 15 to Apply for Targeted...

Comment on Small Businesses Have Until Feb. 15 to Apply for Targeted EIDL Advance Re-evaluation by Patricia Ann Brown

The Small Business Administration (SBA) just announced submissions for Targeted Advance reevaluation requests have until Feb. 15, 2022 to apply. This is for small businesses that have already applied for the Targeted EIDL Advance program and were declined.

Targeted EIDL Advance Re-evaluation Deadline Approaching

For small businesses that were declined for the Targeted EIDL Advance applications, which ended new applicants as of December 31, 2021, you can submit the reevaluation requests only until Feb. 15. According to the SBA, the applicants for the reevaluation also must provide additional information to demonstrate their eligibility.

As per the SBA’s own eligibility criteria, they are:

  • Located in a low-income community. To help applicants determine if they are in a low-income community as defined in section 45D(e) of the Internal Revenue Code, a mapping tool ( is available. The business address must be in a low-income community to qualify. Applicants whose businesses have re-located to a low-income community since submitting their original application must submit proof of relocation, such as a lease agreement, utility bill, or mortgage with the name of the business.
  • Demonstrated reduction in revenue. Eligible applicants must demonstrate a more than 30 percent reduction in revenue during an eight-week period beginning on March 2, 2020, or later. If an applicant meets the low-income community criteria, they will be asked to provide gross monthly revenue (all forms of combined monthly earnings received, such as profits or salaries) to confirm the 30 percent reduction; and
  • Have 300 or fewer employees.

The Targeted EIDL Advance program is a $10,000 grant applicants don’t have to repay. And to date, the program has provided around $5 billion to nearly 600,000 businesses. This is especially the case for small businesses that were the hardest hit in underserved communities.

Applying For The Reevaluation

Once you meet the eligibility criteria after the decline of the original application, you can request the Targeted EIDL Advance reevaluation by emailing You must include documents showing your eligibility for the Targeted EIDL Advance program.

Additionally, you can call SBA’s Customer Service Center at 1-833-853-5638 (855-440-4960 for the deaf and hard-of-hearing) or email for further assistance. The center is open Monday through Friday from 8 a.m. to 8 p.m. EST. Multilingual representatives are available.

If you want more information about eligibility and application requirements visit   For more information on COVID EIDL and other recovery programs, please visit

You can get further help by contacting SBA’s Resource Partners by visiting

Image: Depositphotos

Most Popular

American shoppers spent a record US$9B online on Black Friday despite inflation: report

U.S. shoppers spent a record $9.12 billion online this Black Friday, a report showed on Saturday, as consumers weathered the squeeze from high inflation...

China’s Xinjiang loosens some ‘zero-COVID’ restrictions after lockdown protests

Authorities in China’s western Xinjiang region opened up some neighborhoods in the capital of Urumqi on Saturday after residents held extraordinary late-night demonstrations against the...

Police search for suspect in Toronto online theft investigation

Police in Toronto are searching for a suspect in an ongoing theft investigation from earlier in the year. Toronto police said a theft was reported...

Irene Cara: ‘Fame’ and ‘Flashdance’ star dies at 63

Oscar, Golden Globe and two-time Grammy winning singer-actress Irene Cara, who starred and sang the title cut from the 1980 hit movie “Fame” and...