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re: EIDL Loan Repayment / Forgiveness

Posted on 5/25/23 at 12:45 pm to
Posted by Honest Tune
Louisiana
Member since Dec 2011
15856 posts
Posted on 5/25/23 at 12:45 pm to
Mine was 30k on a 1099 side hustle that is “no longer in business”.

I’ve been paying mine off but damn if I don’t like it haha.
Posted by Im4datigers
Northern Virginia
Member since Oct 2003
4466 posts
Posted on 5/25/23 at 12:57 pm to
So anybody that's quit paying these - what is the collection process? Do they just simply charge it off or is there a continuous hounding from SBA or a collection agency until they just say screw it and charge it off?

Can't be as easy as just saying F-it I'm not paying the monthly nut.
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