Business loan deferment

COVID-EID loan deferment period extended

March 21st, 2022

The EIDL program has dispensed more than $351 billion worth of relief to nearly four million borrowers, according to the SBA. The Small Business Administration (SBA) is providing additional deferment of principal and interest payments for existing COVID Economic Injury Disaster Loan (EIDL) borrowers. The extension brings the total deferment time to 30 months from inception. Key information […]

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