The U.S. Small Business Administration announced on Monday, June 15, 2020 that it has reopened its Economic Injury Disaster Loans and Advance Program to all qualifying small businesses and non-profits negatively affected by the COVID-19 pandemic. 

SBA’s EIDL program offers long-term, low-interest assistance to help small businesses and non-profit organizations cover payroll and inventory, pay debt, or fund other expenses not already covered by a Paycheck Protection Program loan. According to the release, the SBA is offering low-interest federal disaster loans for working capital n all U.S. states, Washington D.C., and territories.

Read the complete release by clicking on the image below.

To apply for the EIDL Advance Program, click here.