Two SBA emergency capital programs are available today and more will be coming soon:
- Low interest, long term Economic Injury Disaster Loans for up to $2 million: The first payment is deferred for 12 months. The application has been simplified and can be completed 100% online through our improved web portal at www.sba.gov/disaster.
- Economic Injury Disaster Loan Advance for up to $10,000: The form to apply is part of the economic injury disaster loan application.
Later this week the SBA and Treasury Department will launch the new Paycheck Protection Program to help keep employees on payroll and small businesses operating. Additional information about this program will be shared in the coming days.