SBA disaster loan story & questions

Buyers asking for everything in the inspection to be fixed

Could EIDL loans be considered predatory lending?

I just discovered how SBA won't be referring defaulted EIDLs to Treasury for up to 2 years (exempt from cross servicing until March 31, 2026)

can I send up my schedule C instead of a P & L statement

A friend of mine is a chief of staff for a member of Congress. Their office wants us to write a letter explaining our situation and what changes we're seeking for COVID EIDL. Help me craft the letter in the comments

Approximately 59% are Bad Loans

Over 500 delinquent notice?

Collateral release

If it takes 6 months to go to Treasury, can you just make a payment on the 5th or 6th month to stop it from going to Treasury, and then repeat the process?

What’s the worst that could happen if I stop paying my loan of 170k? I know once it hits 75% hardship it’s going to get a lot tougher to pay

Any chance EIDL Loan will be forgiven..I’m behind 5 months payment cannot do it anymore ..100k loan by the way !!

24 Months

Thoughts?

$500k Loan & Dissolving LLC

Best approach to close Corp and open new one legally avoiding EIDL

Garnishment Over a COVID EIDL

Bought a business was not told had an SBA loan

Trump to Begin Large-Scale Deportations Tuesday in Sanctuary Cities

I'm applying for a Business Disaster Loan for the LA fires and I really need the max I can get on this loan. My business is not burned down its just the area is a ghost town.

how much would a 4 million dollar investment clear me a year?

Who feels they won’t be able to pay their loan once it hits 75% HAP?….

EIDL Sell Off

Where can i find the percentage rate of people defaulting on their Covid Eidl loan? I read somewhere that it was up to 50% already!

Selling Business - Asset Sale