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sba eidl

A collection of 6 posts

SBA Announces Disaster Funding For Southern California Fires

SBA Announces Disaster Funding For Southern California Fires

The Small Business Administration (SBA) has announced the availability of low-interest federal disaster loans for businesses, homeowners, renters, and private nonprofit organizations impacted by the recent wildfires and straight-line winds in Southern California. This assistance follows a major disaster declaration by President Biden, covering Los Angeles County and

SBA's New Decision For EIDL Loan Borrowers: What You Need To Know

SBA's New Decision For EIDL Loan Borrowers: What You Need To Know

In a recent development, the Small Business Administration (SBA) has made a significant policy decision regarding Economic Injury Disaster Loans (EIDL) borrowers. This decision has major implications for over 4 million COVID EIDL borrowers, impacting both their financial obligations and future SBA funding. In this blog post, we'll

SBA Launches New Portal To Manage EIDL Loans

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SBA Launches New Portal To Manage EIDL Loans

On Tuesday February 21st, the SBA launched their brand new MySBA Loan Portal [https://lending.sba.gov/] to help EIDL loan borrowers manage and make payments. This is the biggest change the SBA has made related to the EIDL program in months and one of the biggest technology shifts for

Skip CEO Interview an SBA Director on New Disaster Funding and COVID EIDL Updates

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Skip CEO Interview an SBA Director on New Disaster Funding and COVID EIDL Updates

On Wednesday October 5, our CEO Ryder Pearce interviewed SBA Director of Preparedness, Communication, and Coordination Alejandro Contreras. The 45-minute conversation covered the new disaster funding in Florida and Puerto Rico, who's eligible and how to apply. Alejandro also discuss COVID EIDL repayment news. Here's

EIDL Funding Is Over But These SBA Funding Options May Actually Be Better

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EIDL Funding Is Over But These SBA Funding Options May Actually Be Better

On Thursday May 5, SBA sources confirmed that the SBA EIDL program did not have any more available funding. While unclaimed funding may still become available, for most people in need of funding to start or grow their businesses, it's time to think about other funding options. The

SBA Sends Important Dates on End of EIDL Program

SBA Sends Important Dates on End of EIDL Program

The COVID EIDL program, that has helped nearly 4 million small businesses survive, is officially winding down. On Wednesday, the SBA sent out key dates on the closing of the program, including the last day they'll accept increase requests. Here's the latest information, including what other