Economic Injury Disaster Loan Assistance from the U.S. Small Business Administration (SBA)

On March 20, 2020, Tennessee received a declaration for Economic Injury Disaster Loan assistance from the U.S. Small Business Administration. Small businesses and nonprofit organizations that have suffered economic injury as a result of COVID-19 can apply for loans up to $2 million per applicant to help meet financial obligations and expenses.

To apply online, applicants should visit: https://disasterloan.sba.gov/ela/. Due to the high volume, users may experience issues applying online. Applicants can call toll-free at 800-659-2955 or email [email protected] for assistance or additional information.

If you are looking to apply for the SBA’s Paycheck Protection Program, click here

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Notice:

For information on the Paycheck Protection Program (PPP), please contact your local banker.  For more information or if you don’t have a local bank, please click here