Create an account in the MySBA Loan Portal (lending.sba. Gov) to monitor your loan status or to make payments.All lenders and CDCs should be cognizant of the loan program requirements for the assumption, assignment, and sale of SBA loans. However, you may be eligible for a larger EIDL loan. The SBA has recently increased the amount available to businesses that received EIDL loans. Credit Requirements: • Credit History Applicants must have a credit history acceptable to SBA. SBA EIDL loans are not assumable, meaning they cannot be transferred to another party. How do you apply for an Economic Injury Disaster Loan?