The Maui SBDC is assisting businesses affected with things like cancellations or a significant drop in business due to the Maui fire disaster, please APPLY NOW for the SBA Economic Injury Disaster Loan.
2 files are available to assist your application and for information:
Apply: 1) online; 2) in-person at a disaster center; or 3) by mail.
Apply online at the SBA’s secure website https://disasterloanassistance.sba.gov/.As a business of any size, you may borrow up to $2 million for physical damage.
- As a small business, small agricultural cooperative, small business engaged in aquaculture, or private non-profit organization you may borrow up to $2 million for Economic Injury.
- As a small business, you may apply for a maximum business loan (physical and EIDL) of $2 million.
Once your signed Loan Closing Documents are received, an initial disbursement will be made to you within 5 days:
Physical damage: $25,000
Economic injury (working capital): $25,000 (In addition to the Physical damage disbursement)
Please feel free to contact the Small Business Development Center if you have questions, and the HBC will be working to be available to assist our local ʻohana and businesses.