The SBA has confirmed that it's possible to extend the EIDL "Hardship Accommodation" which temporarily reduces the payment amount for EIDL borrowers. For small business owners and entrepreneurs who received EIDL loans and are still facing difficulties with their business cash flow, this is a great option. In this post we go into the details on what you need to know about this EIDL lower payments extension.
📌 Pro-tip: Want to track your EIDL hardship accommodation on your Skip Funding Assistant? Add it here. Want help lowering your EIDL payments? Become a Skip member, Skip Plus or higher.