SBA Disaster Loans: Assistance for Businesses Affected by Low Snowfall or Warm Winters

What GAO Found The Small Business Administration’s (SBA) Economic Injury Disaster Loans (EIDL) provide necessary working capital to help small businesses affected by a disaster meet financial obligations until normal operations resume. Relatively low snowfall and warm winters are not included in the statutory definition for “major disaster” contained in the Robert T. Stafford Disaster Relief and Emergency Assistance Act (Stafford Act) or the definition of “disaster” in the Small Business Act.