EIDL Program Reopened for Small Businesses and Nonprofits

The SBA has reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance program portal to all eligible applicants experiencing economic impacts due to COVID-19. The EIDL program offers long-term, low interest loans for small businesses and nonprofits that can be used to cover payroll and inventory, pay debt, or fund other expenses. The EIDL Advance program will provide up to $10,000 of emergency economic relief grants to businesses that are currently experiencing temporary difficulties.

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