Pennsylvania’s disaster declaration has been approved by SBA and small businesses and private non-profits are able to apply for an SBA Economic Injury Disaster Loan (EIDL) online at https://www.sba.gov/funding-programs/disaster-assistance
Eligibility is based on the financial impact of the COVID-19. The interest rate is 3.75% for small businesses, and 2.75% for private non-profit organizations. SBA offers loans with long-term repayments in order to keep payments affordable, up to a maximum of 30 years and are available to entities without the financial ability to offset the adverse impact without hardship.