ASA Driven By Policy Newsletter: February 2026

The Washington Post reported that the U.S. Small Business Administration (SBA) is decreasing the loan limit for the Economic Injury Disaster Loan (EIDL) program from $2 million to $150,000 for small businesses and is blocking new applications due to the programs popularity.

Congress recently replenished the EIDL program, however, SBA has been facing a backlog of EIDL applications due to the ongoing COVID-19 pandemic and as businesses are seeking relief.

To read the full story, click here.