Notice: the COVID-19 EIDL program is not accepting new applications, increase requests, or reconsiderations.
- As of January 1, 2022, SBA stopped accepting applications for new COVID-19 EIDL loans or advances.
- As of May 6, 2022, SBA is no longer processing COVID-19 EIDL loan increase requests or requests for reconsideration of previously declined loan applications due to a lack of available funding.
- As of May 16, 2022, the COVID-19 EIDL portal (covid19relief1.sba.gov, also known as the "RAPID portal") is closed.
- As of February 21, 2023, the Capital Access Financial System (CAFS) is closed for COVID-19 EIDL borrowers. Borrowers can access their loan details and documents and make payments through the MySBA Loan Portal.
SBA continues to offer other funding options for small businesses, including traditional SBA loans.
Due to the continued adverse effects of the pandemic, SBA provided a deferment period of 30 months from the date on the original Note for COVID-19 EIDL borrowers. This deferment does not apply to non-COVID disaster home and business loans. This deferment extension is effective for all COVID-19 EIDL loans approved in calendar years 2020, 2021, and 2022. Interest will continue to accrue on the loans during deferment.
More detailed information about eligibility and how deferment impacts your future loan payment amounts can be found in SBA procedural notice 5000-830558 dated March 15, 2022.
View loan balance and make payments
Create an account in the MySBA Loan Portal (lending.sba.gov) to monitor your loan status or to make payments.
You are responsible for your COVID-19 EIDL monthly payment obligation beginning 30 months from the disbursement date shown on the top of the front page of your Original Note. During this deferment:
- You may make voluntary payments without prepayment penalties
- Interest will continue to accrue on your loan during the deferment
- If you do not make voluntary payments during the deferment, a final balloon payment will be due on your loan at maturity
Options for borrowers facing financial hardship
Note: The 30-month COVID-19 EIDL deferment period will not be extended. COVID-19 EIDL is not forgivable.
Hardship Accommodation Plan
SBA is offering a Hardship Accommodation Plan for borrowers experiencing short-term financial challenges. Borrowers eligible for this plan may make reduced payments for six months. Interest will continue to accrue, which may increase (or create) a balloon payment due at the end of the loan term.
- Borrowers are required to pay at least 10% of their monthly payment amount (with a $25 minimum), for six months.
- During the Hardship Accommodation period, borrowers can voluntarily make larger payments.
- The regular monthly payment amount will resume and be required after the six-month Hardship Accommodation period ends. Borrowers may be able to renew the Hardship Accommodation Plan, if necessary.
Eligibility & Enrollment
Borrowers are eligible to enroll in the Hardship Accommodation Plan beginning 60 calendar days before their first payment due date.
- If your loan amount is less than or equal to $200,000: To enroll in the Hardship Accommodation plan, enroll or login to the MySBA Loan Portal (lending.sba.gov). Within the portal, click “Loan Summaries” in the toolbar. On the Loan Summary page, look for “Hardship Accommodation Plan” in the bottom right corner. Click “Learn more and enroll.”
- If your loan amount exceeds $200,000: Please contact COVID-19 EIDL Customer Service at 833-853-5638 (TTY:711), email COVIDEIDLServicing@sba.gov (include “Hardship Accommodation Plan” in the subject line), or send a message through the MySBA Loan Portal. You will be contacted by a loan specialist regarding requirements. COVID-19 EIDL Customer Service is open from 8:00 a.m. to 8:00 p.m., Monday through Friday.
Financial counseling resources
SBA offers free or low-cost counseling for small businesses through its national network of Resource Partners. These partner organizations may be able to help review your business plan, identify opportunities to access capital, or provide information on applicable tax benefits, among other counseling services. Contact your local District Office for assistance with locating a Resource Partner to address your needs or search to see what is available in your area.
Request a lien subordination or other servicing actions
COVID-19 EIDL Customer Service will provide the Application for SBA Consent form for matters such as:
- a request for subordination of the SBA lien to facilitate third-party financing
- a proposed change in ownership
- a proposed assumption
- a request for specific collateral release
For guidance on an anticipated business closure or liquidation, please send a message through the MySBA Loan Portal, email COVIDEIDLServicing@sba.gov, or contact COVID-19 EIDL Customer Service at 833-853-5638 (TTY:711) from 8:00 a.m. to 8:00 p.m. ET, Monday through Friday.
Audit requirements for non-profit borrowers
If you are a non-profit COVID-19 EIDL borrower that expended $750,000 or more in loan funds (and expenditures from other Federal awards) in a single year, you are subject to requirements under the Single Audit Act. Because there are no continuing compliance requirements, these audit requirements only apply in the year that the loan funds are spent. For more information on Single Audit Act requirements, please review 2 CFR 200, Subpart F or consult an accountant.
EIDL Advances are not subject to requirements under the Single Audit Act.
COVID-19 EIDL Assistance: Please contact COVID-19 EIDL Customer Service at 833-853-5638 (TTY:711), email COVIDEIDLServicing@sba.gov, or send a message through the MySBA Loan Portal. COVID-19 EIDL Customer Service is open from 8:00 a.m. to 8:00 p.m. ET, Monday through Friday.
When emailing SBA, remember to always include your loan or application number as well as reason for request in the email subject line. In the body of the email, include your loan or application number, reason for request, business name, applicant name and contact information.
MySBA Loan Portal Technical Assistance: Please contact MySBA Loan Portal Customer Service at 833-572-0502, from 8:00 a.m. to 8:00 p.m. ET, Monday to Friday, or email firstname.lastname@example.org. MySBA Loan Portal Customer Service cannot access your individual loan information.
Targeted EIDL Advance Assistance: Please email TargetedAdvance@sba.gov.for help with Targeted EIDL Advance.
Any other assistance: Please contact SBA.