SBA’s Economic Injury Disaster Loan program to see big changes. Here’s what you need to know.

“Given the changes in the Covid EIDL maximum loan amount, eligibility, and increased outreach to industries that have been particularly hard hit by the pandemic (for example, restaurants, hotels, gyms, travel and tourism), SBA expects an increase in the number of applications submitted and average loan size,” the SBA said.

By Andy Medici