• NJSBDC Network

U.S. Small Business Administration (SBA)

Updated: Apr 9, 2020

The U.S. Small Business Administration (SBA) has set aside $50 billion in low-interest Economic Injury Disaster Loans (EIDL) for “on-going” small businesses affected by the Coronavirus. Individual businesses may apply for up to $2 million per loan.

**The EIDL program was made available to New Jersey small businesses on 3/18/2020.

Please Note: The EIDL loans are not for a loss of income but to keep your businesses “afloat’ during this Coronavirus crisis. (i.e.: lease payments, equipment, operating assistance, employee wages, etc.).

The SBA is experiencing high volumes of traffic and the site might be slow. Please be patient. Non-peak hours are 7:00PM-7:00AM EDT.

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Apply Here

More Info on the SBA’s Economic Injury Disaster Loans (EIDL)

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Funded in part through a Cooperative Agreement with the U.S. Small Business Administration, The New Jersey Small Business Development Centers (NJSBDC) network is also funded by the State of New Jersey and is hosted by Rutgers Business School: Newark and New Brunswick.

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