No. The Targeted EIDL Advance is a different program that the original EIDL Advance and has a
different process. Here, the SBA will reach out to applicants who applied for SBA COVID-19 EIDL
funding before December 27, 2020 and did not receive any EIDL Advance funds because all
available Advance funding was already exhausted. The SBA will email instructions on how to
provide the SBA information to determine eligibility and how to submit the necessary
documentation. These businesses must also have 300 or fewer employees, in addition to being
located in a federally designated low-income community and meet the reduction in revenue
requirements.