Month Flat Week Day
Date: Thursday, Jun. 18, 2020 11:00 am - 12:00 pm

High-level overview of the SBA's Economic Injury Disaster Loan and Advance

On June 15, SBA started accepting new Economic Injury Disaster Loan (EIDL) and EIDL Advance applications from qualified small businesses and U.S. agricultural businesses. 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).

This webinar will provide a high-level general overview of the SBA's Economic Injury Disaster Loan (EIDL ). We will cover the qualifications, terms, and features of the program and briefly cover the application process. The SBA’s Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing. The EIDL loan advance provides economic relief to businesses that are currently experiencing a temporary loss of revenue.

 

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