300. Understanding the SBA Economic Injury Disaster Loan (EIDL) and the Economic Injury Disaster Grant (EIDG) 8-5-2020 SBA_EIDL 300 Understanding EIDL and EIDG is important. I think by now you have had time to watch the 2 hour video I linked. I hope you learned more about the processing of federal disaster assistance from the SBA. If you haven't invested the time, please do so now. https://www.youtube.com/watch?v=qdxq-fZWh3c EIDL Tips: Your EIDG will be deposited when the SBA screens your application and processes the deposit. "How long" will it take is unknown so don't ask. Just because your spouse, partner, kids, relatives have good credit doesn't mean you can legitimately apply for a Grand Advance for your wife, partner, kids and relatives. If you need a loan to build a new building, purchase a vehicle, equipment or expand why not call a lender and talk about a conventional loan that is not classified as disaster assistance and you can spend it as you wish.