Call 1-800-659-2955 (the SBA Disaster Assistance customer service center) and ask for Tier 2. These reps can answer questions about the application process and your EIDL loan status. If you applied through the COVID-19 portal, the SBA will contact you, but you may be able to get answers by calling the toll-free number.

What is the deadline for SBA EIDL loan?

March 16, 2021 | Release Number 21-20 All SBA disaster loans made in calendar year 2020, including COVID-19 EIDL, will have a first payment due date extended from 12-months to 24-months from the date of the note.

How to apply for a SBA EIDL loan?

If you?re a Sole Proprietor or a Single Member LLC that has not elected to be treated as an S-Corp, please complete: Home or Sole Proprietor Loan Application (SBA Form 5C) Next up is the Economic Injury Disaster Loan Supporting Information (Form P-019)

How to apply for SBA disaster business loan?

Let?s start at the website for the EIDL application: and click on the first link under Download Business Forms to open up the Business Loan Application (Form 5), and begin filling it out. Form 5, U.S. Small Business Administration DISASTER BUSINESS LOAN APPLICATION

What do I need to apply for a SBA loan?

• SBA Loan Application (SBA Form 5 or 5C) • Tax Information Authorization (IRS Form 4506T) • Complete copies of the most recent Federal Income Tax Return • Schedule of Liabilities (SBA Form 2202) • Personal Financial Statement (SBA Form 413) Although a paper application and forms are acceptable, filing

How is the EIDL advance loan program determined?

EIDL Advance was a grant program offered together with the economic injury loan program. The amount of the grant was determined by the number of employees indicated on the EIDL application: $1,000/employee, up to a maximum of $10,000. EIDL Advance does not have to be repaid.