At long last, beginning today, October 8, the Small Business Administration (SBA) will begin reviewing and qualifying Economic Injury Disaster Loan (EIDL) applications in excess of $500,000. You will recall that the maximum loan amount was increased early last month from the original $500,000 cap to the current $2 million limit. At the same time, the SBA essentially opened up a small loan exclusivity window for loans up to $500,000 and agreed to hold off consideration of larger loan applications until today, October 8. EIDL approved loan amounts will now equal up to 24 months of economic injury to a maximum of $2,000,000 whereas they were previously limited to six months of economic injury up to a maximum of $150,000 and 24 months of injury with a $500,000 cap. Now, with loan application up to the new $2 million maximum now being reviewed, it is anticipated that the remaining funds may not last long, so time is of the essence for those who want to avail themselves of this program.