News

Over the past two years, Disaster Loan Advisors have strategically assisted clients with expedited SBA EIDL loan filings. From reconsideration requests and appeals as small as $100,000, to loan ...
Loan Reconsideration Request Process for SBA EIDL Disaster Loans "Whether doing an SBA Loan Reconsideration Request or an SBA Increase Request, there is a right way to word these documents, that ...
The Small Business Administration received more than 21.1 million applications for the Covid-19 Economic Injury Disaster Loan program before ultimately approving about 3.9 million. The data ...
SAN FRANCISCO, CA / ACCESSWIRE / May 2, 2022 / Economic Injury Disaster Loan (EIDL) increase requests will be accepted by the Small Business Administration (SBA) through the end of this week. The ...
The reconsideration process has left many applicants describing the EIDL program as ... as well as a $150,000 initial EIDL loan and an initial PPP loan of $250,000.
“SBA is no longer processing COVID-19 EIDL loan increase requests or requests for reconsideration of previously declined loan applications under this program.” The agency stopped making new ...
NEW YORK, NY / ACCESSWIRE / April 2, 2022 / The SBA announced urgent news that has sent many small business owners scrambling. On Friday, the SBA sent an email stating that all COVID-19 EIDL loan ...
The U.S. Small Business Administration is accepting applications for its COVID-19 Economic Injury Disaster Loan program until Friday, Dec. 31. This loan program became available as a response to ...
COVID-19 EIDL loans have a 30-year term with fixed interest rates of 3.75% for small businesses, including sole proprietors and independent contractors, and 2.75% for not-for-profits. Loan proceeds ...
Business owners can apply for EIDL loans on the official SBA website. There is no fee for applying, so don’t be fooled by scammers. Applications will be accepted through Dec. 31.
Collateral Requirements for EIDL loans. Many EIDL borrowers forgot or were unaware that there was a collateral agreement in the application for loan amounts greater than $25,000.
Millions of small businesses sought a Covid-19 EIDL Loan. New data shows how many were successful.