New Eligibility Notice for EIDL

May 12, 2020


Economic Injury Disaster Loan

US Small Business Administration has released new eligibility for EIDL.

In response to the Coronavirus pandemic, the US Small Business Administration (SBA) recently put out a notice for New Eligibility for Economic Injury Disaster Loan and Advance (EIDL).

A few highlights from the SBA website:

  • SBA is now accepting new EIDL loan and advance applications on a limited basis only to provide relief to U.S. agricultural business.
  • Ag businesses includes those engaged in the production of food, fiber, ranching, and raising livestock.
  • University of Wisconsin Extension and SBA hosted this webinar explaining the program and application process.

This program is currently available through the SBA website unlike other programs offered through our local banks or FSA offices.

For more information or to submit an application, please go to: www.SBA.gov/Disaster
 

 

Matt Severson

VP - Risk Management
 

Latest Posts

Aug 06, 2025

Getting started with diesel storage has never been easier. Our Diesel Tank Lease Program offers a simple, hassle-free solution for producers who need reliable fuel access without the upfront investment in equipment. The program includes a 1,000-gallon tank equipped with a pump, hose, nozzle, and filter, and delivery is provided at no additional cost. With a minimum usage of 3,000 gallons per year, it’s a great fit for operations looking to streamline fuel management.

Aug 01, 2025
If spring weather got in the way of planting your alfalfa, you're not out of luck yet. Summer seeding is still a solid option and it comes with some real advantages when done right. 
Aug 01, 2025
August may not be a traditional planting month, but it’s a crucial time for growers looking to establish alfalfa or prepare for fall crops. For most of our trade territory, alfalfa should be seeded by August 30, ideally 6–8 weeks before the first killing frost to ensure strong root and top growth before winter. After September 1, success rates drop significantly.