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A collection of 32 posts

Breaking: SBA Announces New EIDL Grant and Loan Changes

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.

How to Navigate SBA Disaster Loans for Homeowners and Renters

How to Navigate SBA Disaster Loans for Homeowners and Renters

The SBA offers loans to homeowners and renters to help them repair and rebuild from a natural disaster. Here is everything you need to know about the SBA Home and Personal Property Loan.

Surveys Indicate Businesses Are Still Waiting On EIDL Funding

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.

New EIDL Loan Increase *Proposal*

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New EIDL Loan Increase Proposal

Today, we submitted a letter to SBA Administrator Isabel Guzman with three important recommendations on how to make improvements for the EIDL Advances and EIDL loan increases. We've copied the full text of the letters below which is based on the feedback from tens of thousands of small

Targeted EIDL Grant Approval Rate Increases

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Targeted EIDL Grant Approval Rate Increases

Updated June 19, 2021 The latest SBA Targeted EIDL grant weekly approval rate jumped from 12% to 15% this past week. The total Targeted EIDL Grant approvals is now nearly 164,000 — a jump up from 142,000 approvals the previous week. Plus, Supplemental EIDL Grants have also increased 17%

SBA Releases EIDL Loan Increase Next Steps

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SBA Releases EIDL Loan Increase Next Steps

Steps for business owners requesting additional EIDL Loan funding. We will be adding more information as it becomes available.

Breaking: SBA Opens EIDL Loan Increase Requests

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Breaking: SBA Opens EIDL Loan Increase Requests

Last Updated April 7, 12pm PST The SBA began inviting people to apply for EIDL loan increases yesterday afternoon. As promised in the original March 25 announcement [https://helloskip.com/blog/sba-increases-eidl-loan-limits-dramatically/], the SBA would reach out to previous EIDL loan applicants. Action is needed