Notice: the COVID-19 EIDL program is not accepting new applications, increase requests, or reconsiderations. Credit History Applicants must have a credit history acceptable to SBA.• Repayment – Applicants must show the ability to repay the loan. We provide documents in 17 different languages to help you understand eligibility requirements, fill out applications, and answer frequently asked questions. To apply for an EIDL loan or advance, a business must complete an online application on the SBA website. EIDL assistance is available regardless of whether the business suffered any physical property damage. Applicants must be businesses with 500 or fewer employees, sole proprietors, independent contractors or certain other small entities. Applicants must be businesses with 500 or fewer employees, sole proprietors, independent contractors or certain other small entities. An offer in compromise may be possible for some businesses. In order for the SBA to process an offer in compromise, businesses must fill out SBA Form 1150.