Economic Injury Disaster Loans and Grants

Economic Injury Disaster Loans and Grants


These grants provide an emergency advance of up to $10,000 to small businesses and nonprofits harmed by COVID-19 within three days of applying for an SBA Economic Injury Disaster Loan (EIDL).  

 To access the advance, you first apply for an EIDL and then request the advance. The advance does not need to be repaid under any circumstance, and may be used to keep employees on payroll, to pay for sick leave, meet increased production costs due to supply chain disruptions, or pay business obligations, including debts, rent and mortgage payments. 

 Who is eligible?  

 The following organizations with 500 or fewer employees are eligible for the EIDL: 

  • Sole proprietorships, with or without employees 
  • Independent contractors 
  • Cooperatives and employee owned businesses 
  • Tribal small businesses 
  • Small agricultural cooperatives  
  • Most private non-profits of any size.  

How does the Economic Injury Disaster Loans and Grants work with the Paycheck Protection Program?  

 Whether you’ve already received an EIDL unrelated to COVID-19 or you receive a COVID- 19 related EIDL and/or Emergency Grant between January 31, 2020 and June 30, 2020, you may also apply for a PPP loan. If you ultimately receive a PPP loan or refinance an EIDL into a PPP loan, any advance amount received under the Emergency Economic Injury Grant Program would be subtracted from the amount forgiven in the PPP. However, you cannot use your EIDL for the same purpose as your PPP loan. For example, if you use your EIDL to cover payroll for certain workers in April, you cannot use PPP for payroll for those same workers in April, although you could use it for payroll in March or for different workers in April.