Economic Injury Disaster Loans: Tap into Millions Before 2021 Ends
Podcast •
Summary
In our most recent “On the Mark” podcast episode, Gene Marks talks about how the eligibility requirements for an Economic Injury Disaster Loan (EIDL) make these ideal for businesses in search of a cash infusion before the year ends. The program expires Dec. 31, 2021. There are many other benefits to an EIDL, including:
- -Favorable 30-year term
- -Low interest rate
- -Potential for additional grants
View our recent article, "SBA Enhances Economic Injury Disaster Loan Program with Higher Borrowing Limit."