Economic Injury Disaster Loans (EIDLs)
From
West Newton
Sent
Sun, Sep 22 @ 9am
Description
The U.S. Small Business Administration (SBA) announced today that federal Economic Injury Disaster Loans (EIDLs) are available in Pennsylvania for small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private nonprofit organizations with economic losses due to drought that began on July 16.
The declaration includes the primary counties of Fayette and Westmoreland, and the adjacent counties of Allegheny, Armstrong, Butler, Cambria, Greene, Indiana, Somerset and Washington in Pennsylvania; Garrett in Maryland; and Monongalia and Preston in West Virginia.
“Working capital loans from the SBA are essential to eligible small businesses when the Secretary of Agriculture declares a disaster due to farmers’ crop losses,” said Francisco Sánchez, Jr., associate administrator for the SBA’s Office of Disaster Recovery and Resilience. “These loans help sustain rural economies when a disaster occurs.”
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