Below is the link to the SBA Economic Injury Disaster Loan Application.  In addition, you will find links to the documents that you are required to submit with your application. We have tried our best to present everything in a sensible order. So, read from top to bottom.

SBA UPDATE – 3/31/20 – At about 3:00 PM we received an email from the SBA North Carolina District Director and the email stated as follows:

 Message to EIDL Applicants

We know you are facing challenging times in this current health crisis. The U.S. Small Business Administration is committed to help bring relief to small businesses and nonprofit organizations suffering because of the Coronavirus (COVID-19) pandemic. 

On March 27, 2020, President Trump signed into law the CARES Act, which provided additional assistance for small business owners and non-profits, including the opportunity to get up to a $10,000 Advance on an Economic Injury Disaster Loan (EIDL).

  • To qualify for the Advance on your EIDL, visit to fill out a new, streamlined application
  • The Advance may be available even if your EIDL application was declined or is still pending, and will be forgiven

To apply for the Advance, you need to submit a new application even if you previously submitted an EIDL application.  Applying for the Advance will not impact the status or slow your existing application.


The SBA prepared a fact sheet providing a very brief and general overview of the Economic Injury Disaster Loans as applied to North Carolina businesses, and it can be found here.

To apply to the SBA for an Economic Injury Disaster Loan (“EIDL”), you must first register and create an account. To register and create an account with the SBA, click here.

Once you have registered and created an account, you may then apply to the SBA for an Economic Injury Disaster Loan, by clicking here.

While you apply to the SBA online (it is also possible to apply through the mail, but given the volume of applications expected it might be in your best interests to do the application online), it is worthwhile to review the application and the documents required to be submitted with the application. The purpose of reviewing them first is so that you are able to provide the correct information and numbers while applying online. Accordingly, below we have set forth the application as well as the various SBA forms that are required to complete the application. You will encounter all of these documents as you proceed through the EIDL application process.

The first SBA document you may want to review is the Filing Requirements for Disaster Loan Assistance, which you can find here.

SBA Form 5 is the application form to use for an EIDL, and it is found here.

SBA Form 413 is the personal Financial Statement. As stated in paragraph 2 of the Form 413, it must be completed by: (1) each proprietor; (2) general partner; (3) managing member of a LLC; (4) each owner of 20% or more of the equity of the applicant (including the assets of the owner’s spouse and any minor children: and (5) any person providing a guaranty of the loan. You can find SBA Form 413 here.

Applicants must also provide a Schedule of Liabilities (Notes, Mortgages and Accounts Payable). SBA Form 2202 sets forth the suggested format for the schedule, and it is found here.

The last form to be completed as part of the EIDL application is IRS Form 4506-T. This form is a Request for Transcript of Tax Return, which will allow the SBA to obtain your income information from the IRS which will be used by the SBA to determine the applicant’s repayment ability. Form 4506-T can be found here.

In addition to the forms and information listed above, the SBA may also request the most recent Federal income tax return for each principal owning 20% or more, each general partner or managing member, and each affiliate when any owner has more than a 50% ownership in the affiliate business. Affiliates include, but are not limited to, business parents, subsidiaries and/or other businesses with common ownership or management.

Also note that if the most recent year tax return has not been filed (which may be the case since the tax filing date has been extended to July 15, 2020), a year end a profit-and-loss statement and balance sheet for that tax year may be requested.

The SBA may also request a year-to-date profit-and-loss statement.

If after receiving a loan, you request an increase in the amount of economic injury, you will be requested to provide monthly sales figures to substantiate the increase.

The bottom line is that if you want to apply to the SBA for an EIDL (or seek funding from any source) you need to get your books and records in order. Take the time now to work on that.