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SBA - EIDL

This loan provides economic relief to small businesses and nonprofit organizations that are currently experiencing a temporary loss of revenue.

 

In response to the Coronavirus (COVID-19) pandemic, small business owners, including agricultural businesses, and nonprofit organizations in all U.S. states, Washington D.C., and territories can apply for an Economic Injury Disaster Loan. The EIDL program is designed to provide economic relief to businesses that are currently experiencing a temporary loss of revenue due to coronavirus (COVID-19). 

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Eligibility 

 

Small business owners and qualified agricultural businesses in all U.S. states and territories are currently eligible to apply for a low-interest loan due to Coronavirus (COVID-19).

Agricultural businesses with 500 or fewer employees are now eligible as a result of new authority granted by Congress in response to the COVID-19 pandemic.

Agricultural businesses include those businesses engaged in the production of food and fiber, ranching, and raising of livestock, aquaculture, and all other farming and agricultural related industries (as defined by section 18(b) of the Small Business Act (15 U.S.C. 647(b)).

© 2024 by Business Loan Advocates

We are not affiliated with the SBA. We are a 3rd party consulting company. We do not charge upfront fees. We are only compensated via a success fee once you are approved with all of our services offered.

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We are not a lender, and are not in the business of providing legal or tax advice. We are a legal document processing company offering a service to assist businesses access the EIDL Hardship Accommodation Plan. Nothing on our website should be interpreted to mean that we can or will (i) determine your eligibility or ineligibility for EIDL Hardship Accommodation Plan, (ii) check the accuracy, completeness, or lawfulness of your EIDL Hardship Accommodation Plan application, (iii) help you skip legally required steps, (iv) accelerate your application with the SBA, or (v) increase your chances of receiving an approval. We do charge a success fee paid by the business once hardship plan has been approved. You can choose to apply for free directly through the SBA. If you would like more detail on EIDL Hardship Accommodation Plan options or program details, please visit sba.gov

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