Application process reopens for COVID disaster loan program

Tuesday, May 5, 2020
Monday, May 1, 2023

The United States Small Business Administration has reopened the application process for the Economic Injury Disaster Loan COVID-19 related assistance program after a short delay.

The EIDL application is available here.

Farms with fewer than 500 employees whose primary activity is breeding horses may now apply for these loans offered to businesses that have suffered economic hardship as a result of the coronavirus pandemic.

The Thoroughbred Horsemen's Association and National Thoroughbred Racing Association lobbied the SBA for several weeks after farms were excluded from earlier federal emergency aid packages. On April 24, President Trump signed into law another package providing relief to small businesses, including farms and ranches.

Latest Posts

Final Report Available For 2025 Out-of-State Owner/Developer Bonus Program

Maryland horsemen have emerged as meaningful beneficiaries of the collaborative dual-state stakes schedule and new bonus incentives, according to statistics covering the period from June 21 through August 23 of this year.

Maryland’s Horsemen Reap Rewards From Stakes and Bonus Programs

Maryland horsemen have emerged as meaningful beneficiaries of the collaborative dual-state stakes schedule and new bonus incentives, according to statistics covering the period from June 21 through August 23 of this year.