There seems to be some confusion surrounding EIDL grants, so I'm going to take a moment to hopefully clear things up:
EIDL Grants
Same as last time- $1k per employee, up to $10k
Open to those who applied after grant funding had depleted, or who have not yet applied at all
EIDL Targeted Grants
$10k grants (not based on # of employees) to businesses in low-income communities who suffered a 30% decline in gross receipts over an 8 week period.
Open to those who received less than $10k in the first round, who applied after grant funding had depleted, or who have not yet applied at all.
So: if you are in a low-income community, suffered at least a 30% decline in gross receipts over 8 weeks, and have less than 10 employees the Targeted grant is more beneficial to you.