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… enhancements to the COVID Economic Injury Disaster Loan (EIDL) program , a federal disaster relief loan designed to … who may also be eligible for the companion COVID EIDL Targeted Advance and Supplemental Advance grants … being announced by the SBA include: Increasing the COVID EIDL Cap. The SBA will lift the COVID EIDL cap from $500,000 …
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SBA’s Processing of COVID-19 Economic Injury Disaster Loan Reconsideration Requests
… Disease 2019 (COVID-19) Economic Injury Disaster Loan (EIDL) reconsideration requests. Report 24-22 The Office of … Disease 2019 (COVID-19) Economic Injury Disaster Loan (EIDL) reconsideration requests. SBA began accepting COVID-19 EIDL applications on March 12, 2020, and continued to accept … -
COVID-19 Economic Injury Disaster Loan Servicing Capability
… its capability to service more than 2 million COVID-19 EIDL. Report 25-16 The Office of Inspector General is issuing … than 2 million COVID-19 Economic Injury Disaster Loans (EIDL). We found the COVID-19 EIDL Servicing Center (CESC) demonstrated that it was capable … -
Audit Report 14-06: Two Economic Injury Disaster Loans Defaulted After the SBA Made Approval Decisions Totaling $1.4 Million without Mitigating the Reasons for Prior Denials
… OIG’s ongoing audit of the Economic Injury Disaster Loan (EIDL) Program. Report 14-06 On December 20, 2013, the OIG … OIG’s ongoing audit of the Economic Injury Disaster Loan (EIDL) Program. The overall audit objective was to determine … controls to ensure working capital loans under the EIDL Program were approved to eligible borrowers for the … -
Automated Controls Should Ensure Compliance with Criteria
… Administration’s (SBA) incomplete reviews of COVID-19 EIDL and grants disbursed to borrowers who self-disclosed … Disease 2019 (COVID-19) Economic Injury Disaster Loans (EIDL) and grants disbursed to borrowers who self-disclosed … 31, 2020, applied only to COVID-19 EIDLs, not Emergency EIDL Advances. The Office of Inspector General disagreed and … -
COVID-19 Economic Injury Disaster Loan Applications Submitted from Foreign IP Addresses
… to flag or prevent potentially fraudulent COVID-19 EIDL applications submitted from foreign IP addresses. Report … Disease 2019 (COVID-19) Economic Injury Disaster Loan (EIDL) applications submitted from foreign Internet Protocol … at foreign IP addresses were able to access the COVID-19 EIDL application system. SBA received millions of attempts to … -
Four Million Hard-Hit Businesses Approved for Nearly $390 Billion in COVID Economic Injury Disaster Loans
… impact of the SBA’s COVID Economic Injury Disaster Loan (EIDL). Through the life of the program, the SBA disbursed … Fund, the Shuttered Venue Operators Grant, the COVID EIDL Targeted and Supplemental Advance Grants, and the Paycheck Protection Program -- COVID EIDL, which was often used for critical business operations … -
SBA Administrator Guzman Announces Key Policy Change: Existing COVID Economic Injury Disaster Loan Program Borrowers to Receive an Additional Deferment
… for existing COVID Economic Injury Disaster Loan (EIDL) program Borrowers for a total of 30 months deferment from inception on all approved COVID EIDL loans. The extended deferment period will provide … growing economic recovery. Since its inception, the COVID EIDL program, a federal disaster relief loan, has allocated … -
Audit Report 14 -20: Controls Governing Economic Injury Disaster Loan Approval Need Improvement
… from our audit of the Economic Injury Disaster Loan (EIDL) Program. Report 14-20 On September 29, 2014, the Office … from our audit of the Economic Injury Disaster Loan (EIDL) Program. The first report, Two Economic Injury … (SBA) processing and approval of loans in the EIDL Program. Our audit objective was to determine whether … -
Ending Active Collections on Delinquent COVID-19 Economic Injury Disaster Loans
… on delinquent COVID-19 Economic Injury Disaster Loans (EIDL) with an outstanding balance of $100,000 or less. Report … on delinquent COVID-19 Economic Injury Disaster Loans (EIDL) with an outstanding balance of $100,000 or less. First, … agencies are continuing to work on identifying COVID-19 EIDL fraud that may not have been identified by the agency. … -
Evaluation of COVID-19 Economic Injury Disaster Loan Applicants on the U.S. Department of the Treasury’s Do Not Pay List
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SBA Extends COVID-19 Economic Injury Disaster Loan Application Deadline through Dec. 31, 2021
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Public Servants Sentenced for COVID-19 Relief Fraud
… Program (PPP) loans and one Economic Injury Disaster Loan (EIDL), as well as his participation in two bank account … on August 4, 2020, he submitted a false and fraudulent EIDL application in his own name to the Small Business … and entertainment services with 10 employees. The EIDL application falsely certified that for the applicable … -
FL 16183 - SBA Offers Disaster Assistance to Small Businesses in Florida Affected by Hurricane Dorian
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MT 14576-02, 14577-02 One Month Left to Apply for SBA Disaster Loans
… of reduced revenues caused by adverse weather conditions. EIDL # Primary Counties Neighboring Counties Incident Type … disaster and businesses directly impacted by the disaster. EIDL assistance is available regardless of whether the … caused by adverse weather conditions. SACRAMENTO, Calif. EIDL # EIDL # Primary Counties Primary Counties Neighboring … -
Office of Capital Access
… services, and liquidates 7(a), 504, physical disaster, EIDL, and military reservist EIDL loans via a network of eleven loan processing centers … -
Texas floods
… etc., are also eligible. Economic Injury Disaster Loans (EIDL) : Working capital loans to help small businesses, small … -
Hurricane Helene
… etc., are also eligible. Economic Injury Disaster Loans (EIDL) : Working capital loans to help small businesses, small … -
Hurricane Milton
… etc., are also eligible. Economic Injury Disaster Loans (EIDL) : Working capital loans to help small businesses, small … -
Stay Safe: Tips to Protect Your Business from Scams Targeting COVID Loan Borrowers
… and your business safe from scams targeting PPP and EIDL borrowers. U.S. Small Business Administration The SBA … Program (PPP) and COVID-Economic Injury Disaster Loan (EIDL) borrowers with phishing calls or emails impersonating a … at 877- 552-2692. If you have inquiries about the COVID-EIDL program, contact our COVID-EIDL Customer Service Center …