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Economic Injury Disaster Loans

Published on AidPage by IDILOGIC on Jun 24, 2005

Administered by:

US Federal Government Agency (see all agencies)
Small Business Administration
CFDA #: 59.002

Possible uses and use restrictions...

Up to 30 years for repayment. A $1,500,000 limit on amount: actual economic injury governs. Funds not provided merely because of lost income or lost profits. Funds can be provided to pay liabilities which the small concern could have paid if the disaster had not occurred. Working capital for limited period can be provided to continue the business in operation until conditions return to normal. No funds available for realty, equipment repair or acquisition: the interest rate is not to exceed 4 percent.