In addition to the Economic Injury Disaster Program, there are other loans available through the Small Business Administration.
(7)a Program
This program offers loans up to $5 million and is an all-inclusive program deployed by lending partners for eligible small businesses. Loans can be used as working capital; for extension, renovation, or new construction; to purchase equipment; for lease-hold improvements; to refinance debt in some situations; as a seasonal line of credit; or for inventory.
Express Loan Program
This program provides up to $350,000 for no more than seven years. In most cases, applications will receive a decision within 36 hours of applying.
Community Advantage Loan Pilot Program
This program allows mission-based lenders to assist small businesses in underserved markets with a maximum loan size of $250,000.
504 Program
These loans are designed to foster economic development and job creation or retention.
Microloan Program
This program involves issuing loans through nonprofit lending organizations to underserved markets. The maximum loan amount is $50,000, and the average loan size is $14,000.
For more information on these types of loans or to find a potential lending partner, click here.