Economic Injury Disaster Loan- $10 billion available
The Economic Injury Disaster Loan (EDIL) will provide up to $10,000 of economic relief to businesses that are currently experiencing a temporary loss of revenue. This loan is designed to help a business meet necessary financial obligations that could have been met had the disaster not occurred. This is a low-interest, fixed-rate loan that can provide up to $2 million in assistance for a small business.
Who's eligible to apply?
The following businesses who have 500 or fewer employees or less than $35 million in annual revenue:
What's the details?
Criteria for loan approval:
How do I apply?