COVID-19 Economic Injury Disaster Loan

Notice: the COVID-19 EIDL program is not accepting new applications, increase requests, or reconsiderations

• As of January 1, 2022, SBA stopped accepting applications for new COVID-19 EIDL loans or advances.
• As of May 6, 2022, SBA is no longer processing COVID-19 EIDL loan increase requests or requests for reconsideration of previously declined loan applications.
• As of May 16, 2022, the COVID-19 EIDL portal (covid19relief1.sba.gov, also known as the "RAPID portal") is closed.

Program summary

The COVID-19 Economic Injury Disaster Loan (EIDL) and EIDL Advance programs provided funding to help small businesses recover from the economic impacts of the COVID-19 pandemic. There were two types of COVID-19 EIDL funding:

• COVID-19 EIDL loan funds were to be used for working capital and other normal operating expenses.
  • These loans are not forgivable and must be repaid
  • Requirements vary depending on the size of the loan
  • Loan increases were available until funds were exhausted
  • Advances are like grants, but without typical U.S. government grant requirements
  • EIDL Advances do not need to be repaid

  About COVID-19 EIDL

  This federal small business loan program supported small businesses’ recovery from the COVID-19 disaster’s economic impacts.

  About EIDL Advance programs

  For the hardest hit businesses and private nonprofits, SBA offered two kinds of advance EIDL funding that did not need to be repaid.

  Manage your EIDL

  Learn how to monitor the status of your COVID-19 EIDL, make payments, and request servicing actions.

  EIDL data

  SBA maintains access to data for all its current and past COVID-19 relief programs, including its COVID-19 EIDL programs.