Small Business Administration (SBA): The Small Business Administration is an independent agency of the United States federal government that provides support to entrepreneurs and small businesses, including through the Disaster Loan Program.
Disaster Declaration: A disaster declaration is a formal announcement by the President of the United States or the head of a federal agency that a specific area has been severely impacted by a natural disaster or other catastrophic event, making it eligible for federal disaster assistance programs like the Disaster Loan Program.
Economic Injury Disaster Loan (EIDL): The Economic Injury Disaster Loan (EIDL) is a specific type of loan offered through the Disaster Loan Program that provides working capital to small businesses and nonprofit organizations to help them overcome the temporary loss of revenue due to a disaster.