Create an account in the MySBA Loan Portal (lending.sba. Gov) to monitor your loan status or to make payments.SBA can provide loans to help cover the costs and expenses that your business would have been able to handle if the disaster did not happen. Sole Proprietor –Application SBA Form 5C. While EIDLs are not subject to SBA loan forgiveness, there are ways an EIDL lawyer can help you effectively achieve relief from your EIDL. 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. PPP Loan Application Form 3508S: Forgiveness Simplified. A new Paycheck Protection Program loan forgiveness application form is out. Applicants may apply online using the Electronic Loan Application (ELA) via. The program provides shortterm, zerointerest loans to small businesses that experienced economic injury or physical damage due to Hurricane Milton.