SBA Disaster Loan Program 

  •  This is a direct loan from the SBA, and is does not go thru a financial institution 
  • Called Economic Injury Disaster Loan (EIDL) 
  • Provides working capital to survive until normal operations can resume 
  • Provides working capital to survive until normal operations can resume
  • Cannot be used to purchase assets 
  • Cannot be used to refinance existing debt 
  • For Small Businesses, Most Private Nonprofit Organizations and Small Ag Cooperatives 

To Apply :

To qualify, you need to pass  “Credit Elsewhere” Test :

If the small business has working capital funding available from an existing working capital line of credit or personal resources – credit is available elsewhere for the small business and may not qualify for the EIDL. The recommendation is to submit an application for determination. 

Program Highlights 

  •  Funding up to $2,000,000 – the SBA Advisor will determine the amount of the loan. Based on historical information provided by the small business owner 
  •  Interest Rate – not to exceed 4.00% 
  •  Term – not to exceed 30 years – determined by the ability to pay 

 >Each borrower and circumstance is different the SBA Loan Officer will determine the final outcome of each case 

>Time is of the essence and many other companies are applying.  complete SBA application/forms in full and provide your information quickly

This can help your SBA Loan Officer respond to your case in a timely manner 

 SBA Disaster Loan Assistance – Contact Information 

Call: 1-800-659-2955 (TTY: 1-800-877-8339) e-mail: