EIDL assistance is available in the form of an Economic Injury Disaster Loan (EIDL) and EIDL Advance. EIDLs are working capital loans that can provide up to $2 million to small businesses and nonprofit organizations to help alleviate the financial impacts of a disaster.
The EIDL program is primarily designed to help businesses recover from the short-term effects of a disaster, like substantial economic injury or property damage. EIDLs are administered by the Small Business Administration (SBA) and are subject to credit approval.