Economic Injury Disaster Loan (EIDL) Emergency Advance
The Economic Injury Disaster Loan Emergency Advance provides vital economic support to small businesses to help overcome the temporary loss of revenue.
Small business owners are eligible to apply for an Economic Injury Disaster Loan advance of up to $10,000. This loan advance will not have to be repaid.
This program is for any small business with less than 500 employees (including sole proprietorships, independent contractors and self-employed persons), private non-profit organization or 501(c)(19) veterans organizations affected by COVID-19. Businesses in certain industries may have more than 500 employees if they meet the SBA’s size standards for those industries.