Economic Injury Disaster Loan (EIDL)

a working capital loan that provides necessary operating funds to enable eligible businesses to overcome the financial impact of a declared disaster. This loan may not be used to purchase long-term assets.

Updated on
September 9, 2022
Published on
June 20, 2018
The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Normal Gross Margin
The margin that would have been...
Loan Authorization and Agreement (LA&A)
A contract between SBA and the borrower that...
Affiliates
Business concerns, organizations, or...
Adjusted Net Worth
Post disaster fair market value of tangible...
Acquisition
The acquiring of supplies or...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Projection
An estimate of future economic or...
Comparative Analysis
Is designed to point out significant trends that...
Depreciation
A non-cash operating expense that...
Current Liabilities
A balance sheet item, which...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
Days Receivable
A measure of the average time a...
Days Payable
A measure of the average time a...
Cash Flow Test
Part of the CET that determines if...

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