Furthermore, small nonfarm businesses, agricultural cooperatives, businesses engaged in aquaculture and most private nonprofits of any size may qualify for EIDLs.
Loans of up to $2 million are intended to assist in meeting financial obligations and operating expenses which could have been met had the disaster not occurred.
Eligibility is based on financial impact of disaster and not on any actual damage.
Application Deadline
Completed applications for EIDLs must be received by Jan. 8, 2025.
