Upcoming EIDL Loan Payments
If you received the SBA EIDL loan (NOT THE PPP LOAN), for most EIDL borrowers, payments are due very soon. You should be receiving notices from the SBA in regards to the remittance process for payments.
Regarding the SBA EIDL Loan upcoming payments, please contact us with any questions or concerns you may have.

Mid-April of 2020, the Small Business Administration had administered their SBA EIDL loan program. Granting funding to numerous businesses affected by the Covid-19 pandemic. This loan program does require remittance of payment unlike the PPP loan where the loan was forgivable. There was a loan payment deferment period of 30 months..
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