SBA Economic Injury Disaster Loan reopened to ALL eligible small businesses and non profits

SBA Nebraska District Office  - June 16, 2020

u s small business administration

SBA Economic Injury Disaster Loan Now Reopened To All Eligible Small Businesses & Non-profits

To further meet the needs of the US small businesses and non-profits, the U.S. Small Business Administration has reopened the Economic Injury Disaster Loan (EIDL) & EIDL Advance program portal to ALL eligible applicants.

SBA’s EIDL program offers long-term, low interest assistance for a small business or non-profit.  These loans can provide vital economic support to help alleviate temporary loss of revenue.  EIDL assistance can be used to cover payroll and inventory, pay debt or fund other expenses.  Additionally, the EIDL Advance will provide up to $10,000 ($1,000 per employee) of emergency economic relief to businesses that are currently experiencing temporary difficulties, and these emergency grants do not have to be repaid.

For questions about the SBA EIDL program please call the SBA Disaster Customer Service Center at 1-800-659-2955 or email disastercustomerservice@sba.gov

 


Economic Injury Disaster Loan and Economic Injury Disaster Loan advance, EIDL, Coronavirus