Company overview
Published company research
SBA loans
The Economic Injury Disaster Loan (EIDL) is a disaster‑working‑capital loan offered by the U.S. Small Business Administration. It provides low‑interest, long‑term financing to eligible small businesses, agricultural cooperatives, and nonprofits in declared disaster areas when other credit is unavailable, with a maximum combined assistance of $2 million.
Company focus
- Founded
- 1953
- Employees
- 500+
- Specialties
- federal disaster loan, low interest rates, long repayment terms, deferred first payment for 12 months, eligible for businesses in declared disaster areas
Funding & terms
- Funding up to
- $2,000,000
Third-party reputation
- Reported research
- As a federal disaster loan program, BBB/Trustpilot reviews are not relevant. Recent developments include the termination of the Hardship Accommodation Plan on March 19, 2025 and DOJ actions against EIDL fraud schemes, which affect overall perception but do not reflect a private lender's performance.
- Reading this research
- Third-party ratings are historical research, not a Plutus merchant rating. Legal and cost statements are attributed reports, not findings by Plutus; confirm the original sources and current terms.