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SBA now accepting ag applications

Economic Injury Disaster Loan (EIDL) now available only for agricultural businesses

 

April 29, 2020



May 4

The Small Business Administration has begun accepting new Economic Injury Disaster Loan (EIDL) and EIDL Advance applications on a limited basis only to provide relief to U.S. agricultural businesses.

Agricultural businesses are now eligible as a result of the latest round of funds appropriated by Congress in response to the COVID-19 pandemic.

Agricultural businesses includes those 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)).

To learn more and apply for an ag EIDL, visit https://tinyurl.com/vptdmv7.

 

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