Small Business Administration Implements Economic Injury Disaster Loan Program

News Article – 03/20/2020

The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). The program cannot lend to farmers and ranchers, but they can service farm-dependent businesses. Small agricultural cooperatives are also eligible for economic injury disaster loans. Details about how to apply for the program can be found here.