EIDL Program Updates – Expanded Eligibility; Larger, More Flexible Loans; & Longer Deferment

Thoughtware Alert Published: Sep 28, 2021
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On September 7, 2021, the U.S. Small Business Administration (SBA) announced several changes to its COVID-19 Economic Injury Disaster Loan program that are effective immediately. The SBA also revised its frequently asked questions to reflect these updates. This article provides details on the changes.

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