We provide documents in 17 different languages to help you understand eligibility requirements, fill out applications, and answer frequently asked questions. Create an account in the MySBA Loan Portal (lending.sba.Gov) to monitor your loan status or to make payments. How Does The Process Work? The Deadlines for Applying are: 1. Expansion of Eligible Use of Funds. Disaster Loans (EIDL). The CARES Act also authorized advance payments known as. The EIDL provides access to a low-interest rate loan in light of the pandemic. Double check all your information on the EIDL application.