SBA Economic Injury Loan (EIDL) Resources

Online Loan Application  ||  Loan Application Instructions  || Downloadable Loan Application Forms

Small Business Table of Size Standards  ||  Loan FAQ  || SC SBDC State Resources

SC SBDC Upstate Resources

For more details regarding SBA’s Disaster Loan information or the process, please contact SBA Disaster Loan Assistance:

To speak to a local Small Business Development Center Representative, find your local office at SCSBDC.com.

South Carolina Declaration #16352; South Carolina Disaster Number SC-00067

General Guidelines

  • Applicants must meet eligibility (prove injury)
  • Clean credit history with US Government (esp. SBA Loans)
  • Prove ability to repay
  • Have physical presence in declared county and suffer losses due to COVID
  • Loans up to $2M
  • Terms 3.75% up to 30 years
  • Loans not for lost sales, profit, starting a business or expansion
  • Loans are generally for fixed expenses like payroll, leases, mortgages, utilities, etc.
  • Loans over $25K require collateral if a available (no declines for lack of collateral)
  • Applicants can have an existing SBA Disaster Loan and still qualify for an EIDL (Economic Injury Disaster Loan) for this disaster, but the loans cannot be consolidated.
  • Be sure to state the exact amount of funding you are requesting.
  • Applicants will be given 7 days to respond to requests for additional information from the SBA
  • Declines given 6 months to resubmit
  • Print the last page of your application submission to capture your application number

 What is needed – Basic Filing Requirements May Include:

  • Completed SBA loan application (SBA Form 5 or 5C).
  • Tax Information Authorization (IRS Form 4506T) for the applicant, principals and affiliates.
  • Complete copies of the most recent Federal Income Tax Return.
  • Form P-019 – Economic Injury Disaster Loan Supporting Info
  • SBA Form 1368 – Monthly Sales
  • Schedule of Liabilities (SBA Form 2202).
  • Personal Financial Statement (SBA Form 413).
  • Other Information may also be requested.
  • Complete copy, including all schedules, of the most recent Federal income tax return for principals, general partners or managing member, and affiliates (see filing requirements for more information).
  • If the most recent Federal income tax return has not been filed, a year-end profit-and-loss statement and balance sheet for that tax year.
  • A current year-to-date profit-and-loss statement.
  • Additional Filing Requirements (SBA Form 1368) providing monthly sales figures. (This is especially important for Economic Injury Disaster Loans.)
  • *Although a paper application and forms are acceptable, filing electronically is easier, faster and more accurate.

Mailing Address (not reommended – file online if at all possible)

US Small Business Administration
Processing and Disbursement Center
14925 Kingsport Rd.
Fort Worth, TX  76155

 SBA Customer Service