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. The assumption of an SBA EIDL loan cannot be done unilaterally; it requires the agreement of both parties involved. Has anyone had any luck with an assumption or transfer of an EIDL? I'm wanting to sell my business and have the buyer assume the loan. Here are answers to some common questions from small business owners about Economic Injury Disaster Loans (EIDLs). SBA loans are fully assumable with SBA approval. Getting this approval, however, can be very complex.