SBA Ends EIDL Hardship Plan: What Borrowers Need to Know
If you’ve been relying on the SBA’s Hardship Accommodation Plan (HAP) for COVID-19 EIDL to reduce your EIDL payments, there’s some big news: the...
Is EIDL Loan Forgiveness a Thing?
When the COVID-19 pandemic hit the US, the government stepped in with emergency loans to help business owners stay open. One of the most popular...
What Happens to My SBA EIDL Loan If I Close My Business?
Shutting down a business is hard. Maybe it happened fast, or maybe it took months of struggling — either way, it can feel like a personal loss.
Did I Breach My EIDL Agreement? Let's find out.
It doesn’t take much to default on your EIDL—just one missed step can land you there. The SBA spells it out in the fine print: if you break any of...