This form is an assumption agreement for a Small Business Administration (SBA) loan. Party assuming the loan agrees to continue payments thereon. SBA agrees to the assumption of the loan and release of original debtor. Adapt to fit your circumstances.
Sba Loan Forgiveness For Eidl In Philadelphia
Category:
State:
Multi-State
County:
Philadelphia
Control #:
US-00193
Format:
Word;
Rich Text
Instant download
Description
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FAQ
As of January 2025, there are no plans to forgive outstanding SBA EIDL loans.
As of January 2025, there are no plans to forgive outstanding SBA EIDL loans.
COVID-19 EIDL is not forgivable.
As of January 2025, there are no plans to forgive outstanding SBA EIDL loans.
More info
All borrowers, regardless of loan size, can use SBA's direct forgiveness portal. Applying for forgiveness using the portal can take as little as 15 minutes.Create an account in the MySBA Loan Portal (lending.sba. Gov) to monitor your loan status or to make payments. A business may qualify for both an EIDL and a physical disaster loan. Track your loan spending to prove you used it on eligible expenses 3. Use bookkeeping records for your loan forgiveness application 4. As of January 1, 2022, SBA stopped accepting applications for new COVID-19 EIDL loans or advances. If you have questions about your debt or any payment agreement, please visit MySBA Loan Portal at lending.sba. Gov or call SBA at .