Resources for Businesses

Last updated April 16, 2020

Small Business Association (SBA) Programs

Please visit the Small Business Administration (SBA) website https://www.sba.gov for all questions concerning SBA Loans and Programs, including those related to COVID-19.

Two programs you may be considering include the SBA Economic Injury Disaster Loan (EIDL) or the Paycheck Protection Program (PPP). Although small-business borrowers can apply for both, you can only take advantage of one of these programs as they are limited to one per Taxpayer Identification Number.

The SBA Economic Injury Disaster Loan (EIDL) Application Process

  • Apply online directly to the SBA for EIDL at www.sba.gov/disaster
  • EIDL loans are funded directly from the US Treasury.
  • Call (800) 659-2955 or email disastercustomerservice@sba.gov for additional information
  • The application process also now includes loan advances up to $10,000 that might be forgiven (EIDL Advance)

The SBA Paycheck Protection Program (PPP)
Charles River Bank is not accepting any new applications for the Paycheck Protection Program (PPP).

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COVID-19: April 13, 2020 Update   Read our statement
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