top of page
Economic Injury Disaster Loan Advance
Below you can access information about federal, state, city and private resources in regards to coronavirus (COVID-19).
On July 11th, the SBA announced the conclusion of the Economic Injury Disaster Loan (EIDL) Advance program, which provided U.S. small businesses, non-profits and agricultural businesses a total of $20 billion in emergency funding. The EIDL Advance provided $1,000 per employee up to a maximum of $10,000. Recipients did not have to be approved for a loan to receive the Advance. Having allocated the full $20 billion that was appropriated by Congress, SBA will discontinue making EIDL Advances to new applicants. EIDL loan applications will still be processed even though the Advance is no longer available.
For more information contact the SBA directly at firstname.lastname@example.org or (800)-659‐2955.
bottom of page