EIDL Disaster Relief Loan update from SBA
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  1. #4
    Senior Member Reputation points: 72961 Olderguy's Avatar
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    Jut an update on this program Yes it expires December 31, 2021. And as mentioned above you must have an SBA approval number by December 31st to get funded.

    However, the new Infrastructure bill TAKES FUNDS FROM THIS PROGRAM, therefore funds may be exhausted sooner than the December 31st date.

    Get any submissions in by the end of November or ASAP.

    Lastly, there is a new phone number for SBA EIDL...

    833.853.5638

    They are open 7 days a week from 8 am to 8 pm EST.
    Last edited by Olderguy; 11-13-2021 at 02:37 PM.
    Steve Benjamin
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    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
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    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
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