RBC I Agricultural businesses are now eligible for the Small Business Administration’s Economic Injury Disaster Loan (EIDL) and EIDL Advance programs. The EIDL portal reopened Monday as a result of funding authorized by Congress through the Paycheck Protection Program and Healthcare Enhancement Act.
The legislation, signed into law one week ago, provided additional funding for farmers and ranchers and certain other agricultural businesses affected by the coronavirus (COVID-19) pandemic.
“For more than 30 years, SBA…