Economic Injury Disaster Loan (EIDL) applications have been reopened

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Earlier today the SBA announced it has reopened its application portal for the Economic Injury Disaster (EIDL) Loan Program, to all eligible applicants.

The EIDL loan program requires borrowers to apply directly through the SBA’s website. Please note, we recommend using Safari or Chrome for accessing the application portal.

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It is unclear how long the portal will remain open. Choice Bank encourages those interested in applying, to do so as soon as you are able.

In the announcement released by the SBA they notated that, “to meet the unprecedented need, the SBA has made numerous improvements to the application and loan closing process, including deploying new technology and automated tools.”

If you have additional questions regarding the application process you may contact the SBA EIDL Customer Service at 1-800-659-2955. You can find more details on the EIDL Loan program on our website here.