Based on recent drought declarations around the State, the U.S. Small Business Administration (SBA) announced this week that Economic Injury Disaster Loans (EIDLs) are now available to businesses and organizations within California’s 58 counties. EIDLs provide working capital to help small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private, non-profit organizations of all sizes meet their ordinary and necessary financial obligations that cannot be met as a direct result of the disaster. 

These loans are intended to assist through the disaster recovery period, and alleviating economic injury caused by the disaster. 

The application deadlines vary by county, and a detailed EIDL fact sheet outlining requirements, rates, terms, limits, and restrictions can be accessed here. The SBA EIDL application can be accessed here.

For additional information, please contact SBA’s Disaster Assistance Customer Service Center at 800.659.2955 or disastercustomerservice@sba.gov, or visit SBA’s website here.

*Additional emergency funding opportunities available through the United States Department of Agriculture (USDA) will be featured on the “Drought Update” section of the RCRC website.