🚨What to Do if You Can’t Pay Back Your #EIDL Loans | EIDL Hardship Accommodation Plan 🚨
19 Jan 2023 · 1 min
0:32
YouTube video by Donna Genie (uploaded Jan 19, 2023) explaining a new SBA option called the EIDL Hardship Accommodation Plan that allows borrowers with EIDL loans under $200,000 to temporarily reduce payments to 10% of their normal payment for six months (example: a $2,000 payment becomes $200). The video explains eligibility (loan < $200,000) and the temporary reduced-payment mechanism.
Questions this video answers
10% of the normal payment
Six months
Loans under $200,000
$200
