Create an account in the MySBA Loan Portal (lending.sba. Gov) to monitor your loan status or to make payments.Assumption of Loan Requirement Letter for disaster loan servicing action request packages. About this document and download. Has anyone had any luck with an assumption or transfer of an EIDL? I'm wanting to sell my business and have the buyer assume the loan. SBA EIDL loans are not assumable, meaning they cannot be transferred to another party. Recently got approved for the EIDL but haven't signed as I have questions regarding the loan agreement. Section 1.06 Allocation of Purchase Price. Applicants may not be required to repay advance payments, even if later denied an EIDL.