SBA Disaster Loans

**This page last updated on 4/24/2020 at 5:10 p.m.**

Governor Kay Ivey announced on Saturday, March 21, that small businesses across Alabama negatively impacted by the coronavirus pandemic are eligible for assistance under the U.S. Small Business Administration’s Economic Injury Disaster Loan (EIDL) program.

President Donald Trump Signed $484 Billion Coronavirus Relief Bill into Law Friday, April 24

The legislation includes additional funding for the Paycheck Protection Program and Small Business Administration disaster assistance loans and grants, among other things.  Read a joint statement from the SBA Administrator and Treasury Secretary.  Read the entire resolution here.

Key Resources for Accessing SBA Disaster Loans and Loan Advances:

Local Contacts:

Katherine Zobre
Alabama SBDC Network
Business Advisor 
(205) 348-1582
Toll Free 1-877-825-7232

Roderick Perkins
U.S. Small Business Administration
Lender Relations Division - Alabama District Office
(205) 290-7785