[Sc-aquaponics] Fwd: Economic Injury Disaster Loans

[Smith, Matthew A.]

All,

This was shared on my social media yesterday but here’s another update. This is important as it is only open to ag businesses.

Matt Smith

Begin forwarded message:

From: "Amy Stinton" <amystinton at tds.net<mailto:amystinton at tds.net>>
Subject: Economic Injury Disaster Loans
Date: May 5, 2020 at 1:03:53 PM EDT
To: "Mathew Smith" <smith.11460 at osu.edu<mailto:smith.11460 at osu.edu>>


Dear Mathew,

Here is another resource.

The EIDL (Economic Injury Disaster Loans) loans are now open, but only to ag businesses. SBA link: https://www.sba.gov/page/disaster-loan-applications#section-header-0<https://urldefense.com/v3/__http://www.indianaaquaculture.com/CampaignProcess.aspx?A=Link&VID=65110250&KID=139209&LID=384367__;!!KGKeukY!m9Dp6Q56rmt1q8ir3lBwZ5Xkx_baVl1aIu40JgvC8_2vl0fIp2Q_SzDORGzqu3PFKTq-Ig$>. These loans are directly from SBA not a banking institution. This money is available on a first come, first serve basis.

The SBA announced yesterday that they were opening the EDIL application portal on a limited basis only to provide relief to agricultural businesses. The SBA’s webpage does list aquaculture in its definition of eligible agricultural businesses.

https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/economic-injury-disaster-loan-emergency-advance<https://urldefense.com/v3/__http://www.indianaaquaculture.com/CampaignProcess.aspx?A=Link&VID=65110250&KID=139209&LID=384368__;!!KGKeukY!m9Dp6Q56rmt1q8ir3lBwZ5Xkx_baVl1aIu40JgvC8_2vl0fIp2Q_SzDORGzqu3MRfbtmHA$>

Best Regards,

IAAI


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