Should You Apply for the Coronavirus Disaster Loan (EIDL)?

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Here's what small business owners should know about Economic Injury Disaster Loans from the SBA before they apply. (Part 1 of a 3-part series.)

SBA EIDL Application Page: https://covid19relief.sba.gov/
Fundera's Guide to EIDLs: https://bit.ly/3b0mqKT
Fundera's COVID-19 Relief Page: https://bit.ly/34q573v

Video Index:
1:12 - Intro to EIDL
3:06 - Who's eligible for EIDL and what you can use funds for
5:25 - Additional rules around EIDL

Check out Part 2 of this series "How to Apply for a EIDL": https://bit.ly/2XrmvU3
Check out Part 3 of this series, "Complete Guide to PPP Loans": https://bit.ly/2Vuc27G