eidl loan Featured SBA Sends EIDL Program Update On Wednesday April 20, the SBA sent existing EIDL borrowers an email updating them on important EIDL loan increase and EIDL repayment information. Here's the recap of the email with screenshots below, especially important if you're an existing SBA borrower. EIDL Funding Is Indeed Running Out
eidl Featured Breaking: SBA Could Exhaust EIDL Funds As Early as Mid-April Recently we heard from a source at the SBA that the Economic Injury Disaster Loan (EIDL) program has approximately $41B remaining. Here's what you need to know — and do.
eidl Featured SBA Begins Approving EIDL Loan Increases Over $500K The SBA will begin approving loans over $500K today, but a recent survey indicates that many businesses are still waiting for their loan below $500K. Here's what you need to know.
eidl Featured EIDL Loan Increases Over $500K Already Being Denied Decisions on increases above $500K were to be postponed until October 8, 2021, but businesses are already being denied. Here's what you need to know.
eidl Featured 6 Common Misconceptions About The EIDL Program The changes made to the EIDL program have left some confusion. Here, we will address seven common misconceptions about the EIDL program and what you cannot use the funds for.
eidl loan Featured How To Apply for SBA EIDL Reconsideration (with Template) Here is a template you can copy and customize to use as a starting point to email the SBA about EIDL loan reconsideration.
eidl loan Featured SBA Gives EIDL Approval Tips in 1-1 Interview We spoke with a senior policy advisor at the SBA on Friday October 1st to get in-depth answers to your most pressing EIDL questions. Here is the video interview, where our founder Ryder speaks with Veronica Pugin of the SBA. Plus, we give a brief outline of the range
eidl Featured Quick Tips for EIDL Applications and Getting Approved Here's a quick recap on how to get approved for EIDL loans of up to $2 million, whether you're a first time EIDL applicant, applying for EIDL reconsideration, or applying for an EIDL increase. Plus, we go over how to 10X your EIDL loan to grow
eidl Featured Breaking: SBA Announces New EIDL Grant and Loan Changes Today SBA Administrator Guzman announced the new EIDL 2.0 details. Here is a highlight of the major changes.
eidl loan increase Featured Step-by-Step Guide to New EIDL Loan Increase and Forms Major changes to the EIDL program are now live. This post will break down the SBA EIDL portal changes and the forms you'll need to complete to borrow more than $500,000.
eidl loan increase Featured Breaking: Major Changes in New EIDL Rules An early draft version of the new SBA EIDL loan program rule changes was posted [https://www.federalregister.gov/public-inspection/2021-19232/disaster-loan-program-changes] today, as part of the expected "EIDL 2.0" update. The rules are set to go live officially on Wednesday September
eidl loan increase Featured 5 Reasons to Get EIDL 2.0 Personalized Support The SBA has said they plan to finally announce new EIDL rules and loan limits [https://helloskip.com/blog/sba-plans-to-release-eidl-2-0-after-labor-day/?ref=SkipBlog] after Labor Day. According to sources, the new EIDL rules will change the current EIDL loan limit from $500,
eidl Featured SBA Plans To Release EIDL 2.0 After Labor Day The SBA plans to provide the go-live details for EIDL 2.0 following Labor Day and we have an update about the ODA Form P-022 Standard Resolution that is causing much confusion.
eidl Featured Surveys Indicate Businesses Are Still Waiting On EIDL Funding The SBA announced last week that the EIDL backlog was cleared. According to our surveys, businesses are still waiting to be approved or hear back from the SBA. Here is the data we collected.
eidl Featured Why You Should Check This Before EIDL 2.0 Before requesting an additional loan increase through EIDL 2.0, check your loan balance and expected payments. Here's how to do it.
eidl loan increase Featured Here's How to Calculate your Potential EIDL Loan Increase Good news for small business owners. The SBA increased EIDL loans to $2M. Find out how to calculate your potential increase.
eidl loans Featured Exclusive: $2M EIDL Loan Cap Go Live Details Today we've heard from multiple sources — with confirmed screenshots — that the SBA plans to launch "EIDL 2.0" the week of August 16th, which will allow for EIDL loans of up to $2 million, replacing the current $500,000 cap that has been in place since
eidl loan increase Featured When Will The SBA Increase the EIDL Limit to $2 Million? The SBA has repeatedly said that they are working to raise the limit to $2 million. Here's when it could happen.
eidl loans Featured New EIDL Loan Rules Posted by the SBA The SBA has released its most comprehensive list of rules and FAQs on the COVID EIDL loan program to date. Below is a video run-through of important changes and updates in the document.
eidl loans Featured Step-by-Step Guide On How EIDL Loans Are Being Approved Now The SBA increased its capacity to process EIDL loans from under 2,000 per day to nearly 40,000 per day. In this article, we share exclusive information explaining how this occurred.
eidl loans Featured SBA Increases EIDL Processing by 20X, Announces PPP Changes More big news coming out of the SBA this week, including more major increases in EIDL loan increase processing and PPP loan forgiveness changes. Plus there's economic news today that underlies all of this. We've recapped it all below and in today's video update.
eidl loan increase Featured SBA Releases EIDL Loan Increase Backlog Data In a follow-up briefing this morning, the SBA released additional information regarding the EIDL loan increase total backlog, the average loan applications reviewed per day, and the average EIDL loan reviews per day by each loan officer. We've unpacked all the new information in today's
eidl loan Featured SBA Gives Date for All EIDL Loan Increase Decisions The SBA EIDL loan increase process improves—how many applications are being reviewed each day, and when applicants can expect to hear back.
eidl loan Featured Breaking: SBA Sends Mass EIDL Loan Decline Letters in Error (Reports) 📌 This is a developing story, check back for more developments It's been reported that many EIDL loan increase applicants may have received an EIDL loan increase decline letter in error recently due to a system problem with the SBA. We've been unable to verify this problem,
eidl loan increase Featured What To Email the SBA if You're Still Waiting for EIDL Loan Increase According to our recent survey data on YouTube, 85% of people are still waiting for their EIDL Loan Increase. Here's an email you can send to the SBA to try to speed things up.
