|FORGIVABLE DISASTER LOAN APPLICATIONS NOW OPEN TO FARMS
The Small Business Administration (SBA) will begin accepting new Economic Injury Disaster Loan (EIDL) applications on a limited basis only to provide relief to U.S. agricultural businesses. The SBA has resumed processing of up to $10,000 to provide economic relief to businesses that are experiencing a temporary loss of revenue. This loan advance will not have to be repaid.
(Applicants who have already submitted their applications will continue to be processed on a first-come, first-served basis. For agricultural businesses that submitted an EIDL application through the application portal prior to the legislative change, SBA will process these applications without the need for re-applying.)