The SBA will begin accepting new Economic Injury Disaster Loan (EIDL) and EIDL Advance – Farmers and Ranchers Only

MOA’s Friends at Farm Commons have two video resources to help you navigate the EIDL Application process.

To prepare your application, review our webinar on EIDL and reference this helpful tutorial video that walks through the application process, step by step.

SBA is encouraging all eligible agricultural businesses with 500 or fewer employees wishing to apply to begin preparing their business financial information needed for their application.

The SBA will begin accepting new Economic Injury Disaster Loan (EIDL) and EIDL Advance applications on a limited basis only, in order to provide unprecedented relief to U.S. agricultural businesses. The application is available at: www.SBA.gov/Disaster.

The new eligibility is made possible as a result of the latest round of funds appropriated by Congress in response to the COVID-19 pandemic.

Agricultural businesses includes those businesses engaged in the production of food and fiber, ranching, and raising of livestock, aquaculture, and all other farming and agricultural related industries (as defined by section 18(b) of the Small Business Act (15 U.S.C. 647(b)).

At this time, only agricultural business applications will be accepted due to limitations in funding availability and the unprecedented submission of applications already received.

For agricultural businesses that submitted an EIDL application through the streamlined application portal prior to the legislative change, SBA will process these applications without the need for re-applying.

For more information or to apply, please visit: www.sba.gov/Disaster.