The SBA’s Economic Injury Disaster Loan (also called “EIDL”) can provide up to $10,000 of financial assistance to business owners that have a temporary hardship as a result of the Coronavirus (COVID-19) pandemic
Small business owners can apply for a loan to provide economic help to businesses that are experiencing a temporary revenue loss. Once the application is successful and funds are received, the loan does not have to be repaid.
This program is for small business owners with less than 500 employees. This includes independent contractors, sole proprietorships, as well as private non-profit organizations or veterans organizations affected by COVID-19.
To apply for an EIDL click here.