This testimonial came out from nowhere. It also signifies why I blog about SBA and small businesses because there are people who need help.
Right now the Small Business Administration (SBA) is having a COVID EIDL (economic injury disaster loan) hardship accommodation plan for qualified borrowers who are falling on hard times. These economic hardship accommodation plans could be up to 6 months.
There are two categories: 1) one for loan up to and equal to $200,000 and 2) loans that are over $200,000. If your COVID EIDL loan is up to and equal to $200,000 then you would see a red hardship accommodation plan button on your Capital Access Financial System (CAFS) profile.
If your COVID EIDL loan is over $200,000 then email [email protected] to set up an arrangement.
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