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SBA’s Economic Injury Disaster Loans and Advance Program Reopened to All Eligible Small Businesses and Non-Profits Impacted by COVID-19 Pandemic

SBA’s Economic Injury Disaster Loans and Advance Program Reopened to All Eligible Small Businesses and Non-Profits Impacted by COVID-19 Pandemic

SBA’s Economic Injury Disaster Loans and Advance Program Reopened to All Eligible Small Businesses and Non-Profits Impacted by COVID-19 Pandemic

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Economic Injury Disaster Loan and Economic Injury Disaster Loan advance, EIDL, Coronavirus

SBA’s Economic Injury Disaster Loans and Advance Program Reopened to All Eligible Small Businesses and Non-Profits Impacted by COVID-19 Pandemic

WASHINGTON D.C. – To further meet the needs of U.S. small businesses and non-profits, the U.S. Small Business Administration reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance program portal to all eligible applicants experiencing economic impacts due to COVID-19 today.

“The SBA is strongly committed to working around the clock, providing dedicated emergency assistance to the small businesses and non-profits that are facing economic disruption due to the COVID-19 impact.  With the reopening of the EIDL assistance and EIDL Advance application portal to all new applicants, additional small businesses and non-profits will be able to receive these long-term, low interest loans and emergency grants – reducing the economic impacts for their businesses, employees and communities they support,” said SBA Administrator Jovita Carranza.  “Since EIDL assistance due to the pandemic first became available to small businesses located in every state and territory, SBA has worked to provide the greatest amount of emergency economic relief possible.  To meet the unprecedented need, the SBA has made numerous improvements to the application and loan closing process, including deploying new technology and automated tools.”

SBA’s EIDL program offers long-term, low interest assistance for a small business or non-profit.  These loans can provide vital economic support to help alleviate temporary loss of revenue.  EIDL assistance can be used to cover payroll and inventory, pay debt or fund other expenses.  Additionally, the EIDL Advance will provide up to $10,000 ($1,000 per employee) of emergency economic relief to businesses that are currently experiencing temporary difficulties, and these emergency grants do not have to be repaid.

SBA’s COVID-19 Economic Injury Disaster Loan (EIDL) and EIDL Advance

  • The SBA is offering low interest federal disaster loans for working capital to small businesses and non-profit organizations that are suffering substantial economic injury as a result of COVID-19 in all U.S. states, Washington D.C., and territories.
  • These loans may be used to pay debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact, and that are not already covered by a Paycheck Protection Program loan. The interest rate is 3.75% for small businesses.  The interest rate for non-profits is 2.75%.
  • To keep payments affordable for small businesses, SBA offers loans with long repayment terms, up to a maximum of 30 years. Plus, the first payment is deferred for one year.
  • In addition, small businesses and non-profits may request, as part of their loan application, an EIDL Advance of up to $10,000. The EIDL Advance is designed to provide emergency economic relief to businesses that are currently experiencing a temporary loss of revenue.  This advance will not have to be repaid, and small businesses may receive an advance even if they are not approved for a loan.
  • SBA’s EIDL and EIDL Advance are just one piece of the expanded focus of the federal government’s coordinated response.
  • The SBA is also assisting small businesses and non-profits with access to the federal forgivable loan program, the Paycheck Protection Program, which is currently accepting applications until June 30, 2020.

For additional information, please visit the SBA disaster assistance website at

Apply for EIDL Here

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Additional Headlines

paycheck protection program, ppp

PPP performance as of 5:00 p.m. EDT, June 12, 2020

  • Approved Loans: 4,566,440
  • Approved Dollars: $512,016,791,046
  • Average Loan Size: $112,126
  • # of Participating Lenders: 5,456

For more information on PPP loan activity, click here

COVID-19: Guidance for Small Businesses

Beware of Scams and Fraud Schemes

The Office of Inspector General recognizes that we are facing unprecedented times and is alerting the public about potential fraud schemes related to economic stimulus programs offered by the U.S. Small Business Administration in response to the Novel Coronavirus Pandemic (COVID-19).

The Coronavirus Aid, Relief, and Economic Security (CARES) Act, the largest financial assistance bill to date, includes provisions to help small businesses. Fraudsters have already begun targeting small business owners during these economically difficult times.  Be on the lookout for grant fraud, loan fraud, and phishing.

Learn more

local assistance, resource partners, coronavirus, get free virtual counseling, mentoring, and training

Virtual Mentoring and Training 

Offices around the country may be closed to the Coronavirus pandemic, but SCORE, Small Business Development Centers, Women’s Business Centers, and Veterans Business Outreach Centers and other resource partners are providing free business mentoring and training by phone, email, and video.

Find an SBA resource partner near you

Join the SBA team: Employment opportunities to support SBA's COVID-19 pandemic response

The SBA is hiring temporary employees to assist with disaster relief efforts during these unprecedented times. The positions include:

  • Call Center Customer Service Representative
  • Document Preparation/Legal Review/Loan Closings
  • Loan Processing/Credit Analysis/Mortgage Underwriting
  • Program Support

Apply today

Upcoming Events

The World of Intellectual Property - Shield or Sword?

Thursday, June 18
12:30 to 2:00 PM

Intellectual Property issues permeate the business world. Patents, Trademarks, Copyrights, Trade Secrets, etc. This webinar offers a view of the different types of
IP and how you can navigate the waters. 

Co-hosted by Rick Brown, Veteran Business Resource Center Manager and Jared Turner, SBDC Director, Box Elder. Both have extensive experience in international and
domestic business and the attendant Intellectual Property issues that inevitably come with it.


Disasters happen, be prepared with an emergency plan

Get Your Business Ready for Severe Weather- How to Prepare, Respond and Recover (Archived Webinar)

A natural disaster will strike no matter where you live in the United States. It’s not a question of if, but when. But if you’re prepared, the damaging impact of a tornado, flood, earthquake or hurricane can be managed.

A recent webinar conducted jointly by the SBA, the Insurance Information Institute (Triple-I), and the Insurance Institute for Business and Home Safety offered business owners valuable advice on how to plan to withstand a disaster.

Watch the webinar

GSA FAST Confrerence

FAST Forward: Advancing Small Business in these Unprecedented Times (Virtual Event)

GSA’s Office of Small and Disadvantaged Business Utilization and the Federal Acquisition Service are partnering to host a FAST Forward virtual event on June 22 to assist and answer questions on how small businesses can sell products and services to the federal government. 

The training sessions will give you an overview of what you need to know to pursue a federal or GSA contract; from market research, registering your business in (System for Award Management), supply chain resilience and contract compliance, to adapting to some of the emerging needs we are experiencing in response to the global pandemic. Links to additional small business resources will also be provided after the event.

Register today

PPP Forgiveness Workshop

Join SBA's Utah Small Business Development Center in Kaysville for a workshop to assist in navigating the loan forgiveness paperwork.

Attendees should come prepared with a copy of their PPP application, loan agreement, amount of advance received.

Utah bankers have processed 47,046 loans totaling $5.5 billion in PPP funds to Utah businesses. Now the conversation has turned to PPP loan forgiveness and several questions arise. Businesses need to start working on loan forgiveness and that process to maximize the amount of these loans that can be forgiven.


SBA Utah District Office Staff Contact Information

Marla Trollan, District Director
(o) 801-524-3200 (c) 385-218-1995

John Gygi, District Counsel
(o) 801-524-3205 (c) 801-889-6170

Ian Lorenzana, Economic Development Specialist & Public Information Officer
(o) 801-524-3218 (c) 385-388-3276

Siobhan Carlile, Public Affairs Specialist
(o) 801-524-3217 (c) 706-267-1145

Don MacMillan, Lender Relations Specialist
(o) 801-524-3226

Karl Wernick, Lender Relations Specialist
(o) 801-524-3210 (c) 385-355-5815

Melinda Workman, Economic Development Specialist
(o) 801-524-3213 (c) 385-266-1853

Rachel Bennett, Economic Development Specialist
(o) 801-524-3204 (c) 385-355-5677

Cody Neville, Business Opportunity Specialist
(o) 801-524-3206 (c) 801-828-0796

Cheryl Richens, Administrative Officer
(o) 801-524-3219

Sharlene Miller, Paralegal

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