Assumption of Loan Requirement Letter. Assumption of Loan Requirement Letter for disaster loan servicing action request packages.View loan balance and make payments. Create an account in the MySBA Loan Portal (lending.sba. Key Takeaways: SBA EIDL loans are not assumable, meaning they cannot be transferred to another party. There's a whole internal process where they have to determine if they will approve the person buying your business to assume the SBA loan. A business may qualify for both an EIDL and a physical disaster loan. Steve King will talk about topics related to the firm's CPA and advisory services. He'll break down important issues for small business owners and individuals.