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re: EIDL Loan Repayment / Forgiveness

Posted on 5/25/23 at 8:40 am to
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73647 posts
Posted on 5/25/23 at 8:40 am to
until OP can provide a link i am calling BS.
Posted by TheVig10
Baton Rouge
Member since Apr 2008
451 posts
Posted on 5/25/23 at 12:01 pm to
its not necessarily forgiveness but it has does appear that any eidl's under $100K won't be processed through collections or sent to the treasury. On the EIDL board on Reddit there are several posters who have said that SBA moved their eidl's to 'Charged-off' status

SBA Statment

Senator Ernst
Posted by RealDawg
Dawgville
Member since Nov 2012
9541 posts
Posted on 5/25/23 at 2:22 pm to
quote:

until OP can provide a link i am calling BS.


I posted some language from auditing in image.
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