Demystifying the CARES Act Webinar - April 3, 2020 CARES Act Webinar – BD 4.3.2020 | Page 37
COMPARISON OF SBA DISASTER
LOAN AND PPP LOAN
οThe SBA Disaster - Economic Injury Disaster
Loan (EIDL) Expands the businesses that are
eligible for loans, modifies the loan terms,
ο500 employee limit.
ο Difference β EIDL Max loan is lesser of: A)
the average monthly payments for payroll,
mortgage, rent, and other debt for the one-
year period before the loan is made X 4, or B)
$10M
37