Georgia Man Sentenced After Using COVID EIDL Loan to Buy Rare Charizard Pokémon Card
A Georgia man got prison time for using an EIDL COVID business loan to buy a rare and expensive Charizard Pokemon card.
EIDL Loan
Small Businesses Have Until Feb. 15 to Apply for Targeted EIDL Advance Re-evaluation
The Small Business Administration (SBA) just announced submissions for Targeted Advance reevaluation requests have until Feb. 15 to apply.
New Legislation Would Streamline EIDL Small Business Loan Application Process
The Streamlining EIDL Act is a bipartisan bill introduced in the U.S. Senate to improve the application process of the Economic Injury Disaster Loan (EIDL).
Deadline Approaching to Apply for EIDL Loans for Drought Emergency
The deadline for SBA working capital loans due to drought is fast approaching. Businesses in six states have until November 5, 2021 to apply.
In the News: $4.5 Billion in Wrongful EIDL Small Business Grants Awarded
The impact to small business owners was the over disbursement depleted the available EIDL funds. This meant small business owners couldn’t get the money they needed.
SBA Gave Out $4.5 Billion in Needless EIDL Loans in 2020
The Office of Inspector General found the SBA provided $4.5 billion more in Emergency EIDL grants to sole proprietors and independent contractors.
In the News: Delta Variant Leads SBA to Increases EIDL Cap to $2 Million
Small Business Administration (SBA) has announced it is expanding the Economic Injury Disaster Loan (EIDL) cap to $2 million.
SBA Expands EIDL Loan Cap to $2 Million for Delta Variant Troubles
The Small Business Administration has expanded the cap on EIDL loans to $2 million in response to a rise in COVID cases nationwide.
Small Business Administration Extends Deferment Period for all COVID-19 EIDL Loans
Did you get an Economic Impact Disaster Loan in 2020 or 2021? Small Business Administration extends deferment period for all covid-19 EIDL loans.
SBA Hits $200 Billion Milestone in EIDL Program for COVID Relief
At $200 billion, the COVID-19 Economic Injury Disaster Loan (EIDL) program has reached a noteworthy milestone. According (SBA).
EIDL Loan Programs Open to Eligible Small Businesses
The Small Business Administration (SBA) has announced it has reopened the (EIDL) and EIDL Advance program portal to eligible businesses.
SBA Extends EIDL Loan Application Deadline Thru End of 2021
The Small Business Administration (SBA) has announced the extension of Economic Injury Disaster Loan (EIDL) program to December 31, 2021.
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