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.In February 2024, SBA expanded the eligibility for our Hardship Accommodation Plan (HAP) for borrowers who are struggling with loan payments. After registration, you may use this streamlined process to automatically submit your forgiveness request to your lender. Find out how to apply for a small business disaster loan if your business suffered damage and is in a presidentially declared disaster area. The answer is simple: the United States Small Business Administration (SBA) does not have the regulatory authority to forgive Federal debt. Can I Get my EIDL Loan Forgiven? No, the standard EIDL loan itself is not forgivable. Learn about the COVID19 SBA relief loans available through the Small Business Administration including EIDLs Phoenix Tucson AZ. As of May 20, 2024, all SBA COVID EIDL debts will be serviced through SBA.