With additional funding provided by the new COVID-19 relief package, the Small Business Administration (SBA) will resume processing Economic Injury Disaster Loans (EIDL) and Emergency Advance applications that are already in the queue on a first-come, first-served basis.
Stay tuned – the SBA will provide further information on the availability of the EIDL application portal to receive new applications, including those for agricultural enterprises, as soon as possible.
If you’re waiting for the new application round to open, now is the time to prepare. You can review our EIDL tutorial overview at https://aksbdc.org/2020/03/eidlupdate/ and the EIDL section in our COVID-19 Resource Center at aksbdc.org/covid19 to get started!