COVID-19 Economic Injury Disaster Loans (EIDL)



Applications accepted on an ongoing basis

Sponsoring Organization

Small Business Administration (SBA)


Offers low-interest federal disaster loans and loan advances to small businesses, agricultural businesses, and private nonprofit organizations faced with economic injury related to the COVID-19 pandemic. Provides businesses with working capital to sustain operations and cover expenses, including fixed debts, payroll, accounts payable, and other bills. Loans are available to businesses in all 50 states.

Amount of Funding

Award ceiling:

  • Up to $2,000,000 for loans
  • Up to $10,000 for loan advances


  • 3.75% for small businesses
  • 2.75% for private nonprofit organizations

Loan terms are determined on a case-by-case basis, based on the borrower's ability to pay. Long-term repayments are available, with a maximum of up to 30 years for some loans.

Who Can Apply

Small businesses, agricultural businesses, and private nonprofit organizations in all U.S. states and territories are eligible to apply.

For the purposes of this program, small businesses are defined as those with 500 employees or fewer. Agricultural businesses include businesses engaged in the production of food and fiber, ranching, and raising of livestock, aquaculture, and all other farming and agricultural related industries, as defined by section 18(b) of the Small Business Act (15 U.S.C. 647(b)).

Geographic Coverage


What This Program Funds

Operating Costs and Staffing

Application Process

Applications must be submitted online through the COVID-19 EIDL application portal.

Applications are accepted on an ongoing basis and processed in first-come, first-served order. Additional information and guidance about the online application process can be found on the program website.

Applicant frequently asked questions
Faith-based organizations frequently asked questions


For programmatic questions:
SBA Disaster Assistance Customer Service Center
TTY at 1-800-877-8339

Topics This Program Addresses

COVID-19 Response • Economic Development