re: EIDL Loan Repayment / Forgiveness

Have not heard, but curious myself that if a business shuts down and has not assets and there is no personal guaranty behind it, what happens.

I will say that if you get the debt forgiven or whatnot, there is a good chance that you wouldn't qualify for any type of Federal loan or SBA loan going forward. It's usually an automatic no if you've defaulted in any way on government debt.