Small business programsFinancial assistance
EIDL
Economic Injury Disaster Loan
Definition
An Economic Injury Disaster Loan is an SBA loan program providing working capital to small businesses experiencing economic injury from declared disasters. In government contracting contexts, EIDL availability may affect contractor financial stability and performance capability.
EIDL programs gained prominence during national emergencies affecting business operations. Understanding EIDL implications helps contractors and contracting officers assess financial risks. EIDL participation may affect contractor financial representations and certifications.
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