How can I apply for an EIDL for my small business?

Maria asked 1 month ago
1 Answer
Brittany Staff replied 1 month ago
Hi Maria,

The SBA has resumed processing EIDL applications that were submitted before April 15 and will process these on a first-come, first-served basis. The SBA will begin accepting new Economic Injury Disaster Loan (EIDL) and EIDL Advance applications on a limited basis, but ONLY to provide relief to U.S. agricultural businesses.

Agricultural businesses (with fewer than 500 employees) includes those businesses engaged in the production of food and fiber, ranching, and raising of livestock, aquaculture, and all other farming and agricultural related industries.

At this time, only agricultural business applications will be accepted due to limitations in funding availability and the unprecedented submission of applications already received.

You can find more information here: https://sba.gov/disaster

This Workest article may be helpful as it offers a large selection of local/state loan or grant options: https://www.zenefits.com/workest/the-big-list-of-covid-19-financial-assistance-programs-for-small-businesses-by-state/