This form is an assumption agreement for a Small Business Administration (SBA) loan. Party assuming the loan agrees to continue payments thereon. SBA agrees to the assumption of the loan and release of original debtor. Adapt to fit your circumstances.
Eidl Loan Rules In Collin
Category:
State:
Multi-State
County:
Collin
Control #:
US-00193
Format:
Word;
Rich Text
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FAQ
As of January 2025, there are no plans to forgive outstanding SBA EIDL loans. There are a variety of challenges involved with widespread forgiveness.
As of January 2025, there are no plans to forgive outstanding SBA EIDL loans.
COVID-19 EIDL is not forgivable.
As of January 2025, there are no plans to forgive outstanding SBA EIDL loans.
More info
Create an account in the MySBA Loan Portal (lending.sba. Gov) to monitor your loan status or to make payments.As of January 1, 2022, SBA stopped accepting applications for new COVID-19 EIDL loans or advances. Here's how to apply for the SBA Disaster Loan, and what you'll need to know to complete the application successfully. The SBA provides EIDL assistance only to those businesses we determine are unable to obtain credit elsewhere. (970) 4164349 for further assistance in filling out an application. After that, the lender may give you an extension up to a year, but they do not have to do that.