A business may qualify for both an EIDL and a physical disaster loan. 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. Create an account in the MySBA Loan Portal (lending.sba. Gov) to monitor your loan status or to make payments. Under the EIDL loan process, you would complete SBA Form 1368 page 2 financial forecast. Here are answers to some common questions from small business owners about Economic Injury Disaster Loans (EIDLs).