SBA to Increase Lending Limit for COVID-19 Economic Injury Disaster Loans
… do not need to submit a request for an increase at this time. SBA will reach out directly via email and provide more … loans, including COVID-19 EIDLs, until 2022 to offer more time for businesses to build back. In order to shift all EIDL payments to 2022, SBA will extend the first payment due date for disaster loans made in 2020 to 24-months …