"Small businesses, private nonprofit organizations of any size, small agricultural cooperatives and aquaculture enterprises financially impacted as a direct result of COVID-19 since Jan. 31, 2020, may qualify for (EIDL) of up to $2 million to help meet financial obligations which could have been met had the disaster not occurred," explains US Small Business Administrator Jovita Carranza. "These loans may be used to pay fixed debts, payroll, accounts payable, and other bills that can't be paid because of the disaster's impact."The deadline to apply for an EIDL is Dec. 21, 2020.Additionally, companies in need of immediate working capital can apply for an SBA Bridge Loan, and current borrowers have just been granted deferment of continued payments through the end of the year.