Indiana SBDC Economic Injury Disaster Loan

Product

Economic Injury Disaster Loans

The U.S. Small Business Administration (SBA) oversees the Economic Injury Disaster Loan (EIDL)- COVID-19 assistance program. Additional information is available at www.SBA.gov/disaster. These loans up to $2 million may be used by small businesses as well as private nonprofits to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. The application has been reopened for all eligible businesses and organizations.

If you have suffered substantial economic injury due to COVID-19 and are one of the following types of businesses, you may be eligible for an SBA Economic Injury Disaster Loan (EIDL). 

  • Small Business
  • Small Agricultural
  • Cooperative Most Private Nonprofit Organizations 

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