Economic Injury Disaster Loans from US SBA are low-interest loans for up to $2 million per small business and private, non-profit organization suffering substantial economic injury as a result of the Coronavirus (COVID-19). These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. The interest rate is 3.75% for small businesses, and 2.75% for non-profits payable up to a maximum of 30 years.
For questions, please contact the SBA disaster assistance customer service center at 1-800-659-2955 (TTY: 1-800-877-8339) or e-mail: disastercustomerservice@sba.gov.