Key Takeaways: 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. Assumption of Loan Requirement Letter for disaster loan servicing action request packages. About this document and download. Here are answers to some common questions from small business owners about Economic Injury Disaster Loans (EIDLs). All lenders and CDCs should be cognizant of the loan program requirements for the assumption, assignment, and sale of SBA loans. Application: The borrower submits an application (SBA Form 2526 for change of ownership, SBA Form 2525 for assumption) to the Center. All the places listed below are in the. , for Commercial Division - Business Entity in the District Court of Nassau County.