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.People with LLC's and corporations are protected but what about sole proprietors? Does anyone have personal experience to share on this? Yes, sole proprietors and independent contractors can apply to the EIDL program as long as they have verifiable business income for 2019 or January of 2020. While EIDLs are not subject to SBA loan forgiveness, there are ways an EIDL lawyer can help you effectively achieve relief from your EIDL. No. EIDL loans (not advances) must be repaid over 30 years. Unlike PPP loans, there is no forgiveness process for these loans. −. Will this loan be forgiven? Create an account in the MySBA Loan Portal (lending.sba.