Small Business Administration Economic Injury Disaster Loan Program and Application Process
U.S. SBA Economic Injury Disaster Loan (EIDL) Summary for Small Businesses and Nonprofits The public health emergency resulting from the Coronavirus/COVID-19 pandemic is causing unprecedented challenges to small businesses in many industries. To assist small businesses suffering substantial economic injury as a result of the Coronavirus pandemic, the U.S. SBA is offering small businesses operating in certain designated states, including Virginia, low-interest federal disaster loans for working capital, under the Coronavirus Preparedness and Response Supplemental Appropriations Act recently passed by the U.S. Congress and signed into law by the President. In response to a request from Virginia Governor Ralph Northam, […]




