SBA Update on EIDL Loans for Hoteliers

AHLA has been working with closely with the SBA to expand the Economic Injury Disaster Loan (EIDL) program to raise the cap on total loan amounts and waiving affiliation rules to ensure each property can benefit from the long term, low interest rates. This program can be a critical opportunity to access capital to help address commercial debt, operating costs, and other expenses that your businesses are incurring as the the recovery remains uneven.