1、CRS INSIGHT Prepared for Members and Committees of Congress INSIGHTINSIGHTi i SBA EIDL and Emergency EIDL Grants: Data by State Updated December 17, 2020 Congress made COVID-19-related economy injury an eligible expense for the Small Business Administrations (SBA) Economic Injury Disaster Loans (EID
2、L) in the Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020 (P.L. 116-123). It also expanded EIDL eligibility for certain businesses and organizations, and it established an Emergency EIDL Grant program as part of the Coronavirus Aid, Relief, and Economic Security Act (CARE
3、S Act; P.L. 116-136). COVID-19-related EIDL and Emergency EIDL grants are available to all 50 states, U.S. territories, and Washington, DC. This Insight provides a general overview of SBA EIDL (including eligibility) and the Emergency EIDL Grant program; SBA EIDL data by the number and amount of loa
4、ns approved by state; and Emergency EIDL Grant program (also referred to as EIDL advance) data by the number and amount of grants approved by state. EIDL Overview EIDLs provide up to $2 million, with a loan term of up to 30 years that can be used to pay for expenses that could have been met had the
