As the Senate continue to debate next steps in terms of new coronavirus relief actions, a part of the Small Business Administration’s Economic Injury Disaster Loan (EIDL) program has run out of advance monies. The EIDL program, which was funded to the tune $20 billion in the CARES Act, provides that businesses that apply for the low-interest financial lifeline can receive an advance payment equal at the  rate of $1,000 per employee up to a maximum of $10,000 as they wait for approval on their full EIDL. However, pending additional funding from Congress in a new CARES Act, the program funding has dried-up and no further up-front payments will be offered. Watch for more info when a new relief package is filed in Congress.