{"id":218,"date":"2020-03-26T16:01:47","date_gmt":"2020-03-26T20:01:47","guid":{"rendered":"http:\/\/blogs.duanemorris.com\/coronaviruscovid19\/?p=218"},"modified":"2020-08-31T12:21:52","modified_gmt":"2020-08-31T16:21:52","slug":"small-business-administration-offers-economic-injury-disaster-loans","status":"publish","type":"post","link":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/2020\/03\/26\/small-business-administration-offers-economic-injury-disaster-loans\/","title":{"rendered":"Small Business Administration Offers Economic Injury Disaster Loans"},"content":{"rendered":"<p>The U.S. Small Business Administration (SBA) is offering low-interest, long-term loans to small businesses in states and territories of up to $2 million each to provide assistance to businesses located in a declared disaster area as a result of the coronavirus (COVID-19) pandemic.\u00a0These loans are called \u00a0\u201cEconomic Injury Disaster Loans\u201d or EIDLs.\u00a0These loans are intended to provide relief from substantial economic injury caused directly by the disaster to fund working capital needs and help small businesses survive until normal operations resume after a disaster.<\/p>\n<p>To read the full text of this Duane Morris <i>Alert<\/i>, which reviews key \u201cnuts and bolts\u201d aspects of the application process for these loans, please <a href=\"https:\/\/www.duanemorris.com\/alerts\/small_business_administration_offers_economic_injury_disaster_loans_0320.html\" target=\"_blank\" rel=\"noopener noreferrer\">visit the firm website<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Small Business Administration (SBA) is offering low-interest, long-term loans to small businesses in states and territories of up to $2 million each to provide assistance to businesses located in a declared disaster area as a result of the coronavirus (COVID-19) pandemic.\u00a0These loans are called \u00a0\u201cEconomic Injury Disaster Loans\u201d or EIDLs.\u00a0These loans are intended &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/2020\/03\/26\/small-business-administration-offers-economic-injury-disaster-loans\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Small Business Administration Offers Economic Injury Disaster Loans&#8221;<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[265,266,267,264,263,945,262],"ppma_author":[1043],"class_list":["post-218","post","type-post","status-publish","format-standard","hentry","category-general","tag-disaster-areas","tag-economic-injury-disaster-loans","tag-eidl","tag-loans","tag-sba","tag-small-business","tag-u-s-small-business-administration"],"authors":[{"term_id":1043,"user_id":6,"is_guest":0,"slug":"duanemorris3","display_name":"Duane Morris","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/843ff6e7a8fe5fc92109b47a45f34b6cf0ea499e6e788db23456c838b0ae6747?s=96&d=blank&r=g","0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/posts\/218","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/comments?post=218"}],"version-history":[{"count":0,"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/posts\/218\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/media?parent=218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/categories?post=218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/tags?post=218"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/coronaviruscovid19\/wp-json\/wp\/v2\/ppma_author?post=218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}