We provide documents in different languages to help you understand eligibility requirements, fill out applications, and answer frequently asked questions. COVID19 EIDL is not forgivable.View loan balance and make payments. If you fear you may be charged with PPP or EIDL loan fraud in Dallas, contact the Law Offices of Patrick J. McLain, PLLC for a free consultation today. If the business is a sole proprietorship, the owner is personally liable for EIDL repayment, regardless of loan size. Yes, sole proprietors and independent contractors can apply to the EIDL program as long as they have verifiable business income for 2019 or January of 2020. â… The amount of loan forgiveness can be up to the full principal amount of the loan plus accrued interest. If you didn't file, fill out a form today. Applicant is a business with not more than 500 employees. Amounts forgiven will not be included in the borrower's taxable income.