WASHINGTON, D.C.–You could get up to $1 million for your small business, if you apply for one of the Economic Injury Disaster Loans, says the Small Business Administration, and Marty Anderson, one of their Indiana representatives.

Anderson answered questions about the loans with Rep. Andre Carson (D), on Instagram this week.

“General rule, what we’re showing especially with the Economic Injury Disaster Loans is a business with 500 or less employees is going to be automatically eligible,” said Anderson. “A business, even if they have more than 500 employees, would still be eligible as long as they fit the SBA size standards.”

Anderson said the best info is available at SBA.gov. An e-mail address for people with questions about businesses specifically in Indiana is indiana@SBA.gov.

“There are some ineligible business types out there, obviously illegal activities, gambling activities, lobbying activities, government entities,” said Anderson. “Most private not for profits are, in fact, eligible.”

He said the best way to find out about eligibility is to log on to the website.

“With the Economic Injury Disaster Loan that is out there right now, that is available up to $2 million and that is based on your need and the information you give to us,” he said. “Payroll, fixed costs that you have. It’s not for buying equipment and it’s not for expansion. But, it’s to pay for those things that you normally would be able to pay for if we hadn’t had this disaster.”