ASTRA Academy

Economic Injury Disaster Loan: What You Need to Know


The U.S. Small Business Administration (SBA) is offering a low-interest federal disaster loan to small businesses suffering economic hardships as a result of the coronavirus (COVID-19). These loans are known as the “Economic Injury Disaster Loan” (EIDL), and you are likely eligible!

Listen to SCORE and an SBA lender specialist in this archived webinar regarding the small business COVID-19 disaster relief loan. This webinar will provide you with answers and help you understand who is eligible for an SBA disaster (EIDL) loan and what you need to have in-hand before filing your application. Approximately 30 minutes of this webinar is an overview of the disaster loan (EIDL) while 60 minutes was dedicated to Q&A for specific audience questions. 

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Webinar | Economic Injury Disaster Loan: What You Need to Know
Recorded 03/30/2020  |  90 minutes
Recorded 03/30/2020  |  90 minutes

Gene Murtha

SCORE | Volunteer Mentor & Regional Vice President of the Mid-Atlantic Region

Gene Murtha has over 40 years in general management, marketing, sales and product development within the toy, games and gift industries. Gene’s corporate background includes 16 years at Mattel in various executive roles, both in the US and abroad. He served as General Manager of Mattel UK and Ireland, ran the Toys-r-Us Customer Business Team for Mattel, opened markets in China, Japan, India and Eastern Europe.Gene also has experience as an entrepreneur, having started and run Main Street Toy company the 1990’s. There he developed and marketed many successful products including Slap Wraps, one of the hottest fads of the ‘90’s. In one capacity or another, Gene estimates he has brought over 7,000 concepts to market, managing many mega-hit properties such as Star Wars, Cabbage Patch Kids, Trivial Pursuit and Tickle Me Elmo. He joined SCORE in 2011 and has served as a volunteer mentor, and as a Regional VicePresident for the Mid-Atlantic States. As a mentor for small businesses, Gene has served hundreds of aspiring start-up, and counseled existing business owners on sales growth in a variety of industries. Gene holds various patents, is fluent in Spanish and currently resides with his wife in Easton, PA, 60 miles outside of New York City.

Shannon Degiglio

U.S. Small Business Administration | Lender Relations & Economic Development Specialist

For more  information concerning SBA and its programs visit our website at: www.sba.gov/disaster

Don Jefferson

U.S. Small Business Administration

For more  information concerning SBA and its programs visit our website at: www.sba.gov/disaster