ECONOMIC INJURY DISASTER LOANS(EIDL) (as of 8/24/2020)
- News & Updates
- 16 Oct, 2020
Economic injury loan proceeds can only be used for working capital necessary to carry the concern until resumption of normal operations and for expenditures necessary to alleviate the specific economic injury. The examples of Working Capital may include salaries, inventory, rent, utilities, and short-term debt or long-term debt payments.