Economic Injury Disaster Loan Emergency Advance
Small Business Administration
In response to the Coronavirus (COVID-19) pandemic, small business owners in all US states, Washington, DC and territories were eligible to apply for an Economic Injury Disaster Loan Advance of up to $10,000. This advance would provide economic relief to businesses that experienced a temporary loss of revenue.
Jargon-free version
Gives small business owners up to $10,000 to help with temporary revenue loss due to COVID-19. This advance provides quick economic relief.
Quick Facts
Preview our US grants database — free Excel sample
Real Excel sample. Just your email.
You'll also get our weekly grants digest. Unsubscribe anytime.
Free Excel sample of the US Grants Database, contextually offered on the Economic Injury Disaster Loan Emergency Advance program page.
What Is This Program?
What Benefits Are Offered?
Low-interest disaster loans for homeowners, renters, and businesses to recover from declared disasters. These loans historically covered repairs, replacement of physical assets, improvements to eliminate future damage, and operating expenses after a disaster. The program title indicates an emergency advance component, which was typically a non-repayable portion for initial funds.
Who Is Eligible?
Business Size: small, medium, large
Region: declared disaster area
Other Criteria: homeowners, renters, private nonprofit organizations
Chat with Grant experts
Browse our directory of vetted grant professionals who can help with your application.
Browse Partner Directory🏆 Detailed Application Guide
📋What Are the Application Steps & Timeline?
- 📝Steps to Apply
- Check if you are in a declared disaster area
- Log in to the SBA Loan Portal
- Complete the application form
- Submit your application
- 🌐Application Portal
- http://www.sba.gov/Disaster
- 📤Submission Method
- online
- 🔄Intake Type
- rolling
📄What Documents Are Required?
- ✅Required Documents
- SF-424 (Application for Federal Assistance)
- SF-424A (Budget Information - Non-Construction)
- SF-424B (Assurances)
- Project Narrative
- Budget Narrative
- 📐Format Requirements
- PDF only, max 10MB
Still searching one grant at a time?
See this grant and hundreds more like this in the database instantly.
💰What Expenses Are Eligible?
- 🧾Eligible Expenses
- Business operating expenses that could have been met had the disaster not occurred
- Losses not covered by insurance or funding from FEMA
- 💳Payment Model
- advance
- ⏪Retroactive Expenses Eligible
- Yes
🤝Is Matching Funding Required?
- 🔀Matching Required
- No
- 📚Stacking Rules
- Yes, you can combine with other government funding.
📊What Are the Reporting Requirements?
- 🔍Audit Requirements
- OMB Uniform Guidance Single Audit if the recipient expends $750,000 or more in federal awards in a fiscal year
- 🗄️Record Retention Period
- 3 years post-final-report
How Do I Apply?
Know a grant consultant who should be listed here? Refer them.
More Programs Like This
Emergency Assistance for Livestock, Honeybees and Farm-Raised Fish Program
Department Of Agriculture, Farm Service Agency
ELAP provides financial assistance to eligible producers of livestock, honeybees and farm-raised fish for losses due to ...
Biomedical Advanced Research and Development Authority (BARDA), Biodefense Medical Countermeasure Development
Department Of Health And Human Services, Immed Office Of The Secretary Of Health And Human Services
The purpose of this program is to coordinate the acceleration of countermeasure and product advanced research and develo...
Opal Creek Wilderness Economic Grant Program
Department Of Agriculture, Forest Service
To provide funding to the State of Oregon to establish an economic development grant program to help rural communities i...
FAQFrequently Asked Questions
This program is available to small, medium, large businesses located in declared disaster area.
This program offers funding up to $9,999,999,999 (minimum $5).
This program accepts applications on a rolling basis.
Choose your tier
One-time purchase, instant .xlsx download. USD.
Promo codes can be entered at checkout.
Basic
5 columns per program
- 2,800 active US grants
- Title + CFDA for every program
- Funder named & linked
- Know what each grant funds
- Clean .xlsx, opens in Excel
Pro
24 columns per program
- 2,800 active US grants
- See funding size & deadlines fast
- Know exactly who qualifies
- Reach 800 verified emails & phones
- Sortable tabs: theme, deadlines
- Plus everything in Basic
Intelligence
49 columns per program
- 2,800 active US grants
- Exactly how & where to apply
- What you can spend it on
- Reporting & compliance, upfront
- Full contact directory tab
- Plus everything in Pro
A detailed invoice will be emailed to you after purchase. Use it for company reimbursement.