Accepting New Applications for Economic Injury Disaster Loans and Advance (Updated 6/18)
Funding has resumed and the restriction that only agricultural business can apply has been removed. Economic Injury Disaster Loans provide an advance of up to $10,000. This advance is designed to provide economic relief to businesses that are currently experiencing a temporary loss of revenue. This loan advance will not have to be repaid. Recipients do not have to be approved for a loan in order to receive the advance, but the amount of the loan advance will be deducted from total loan eligibility. Applicants who have already submitted their applications will continue to be processed on a first-come, first-served basis.
Eligible small businesses and agricultural businesses may apply for the Loan Advance here.