re: EIDL Loan Repayment / Forgiveness

SBA had charged off $330 million as of December 2022. With the deferred payments that were in place that number is going to rise significantly in the very near future. People just aren’t paying and SBA isn’t a bank. They have said it would cost more than the value of most loans to try and go after borrowers since no personal guarantee was required on the bulk of loans (anything under $200k)
If you are willing to forfeit the ability to borrow from the government in the future and have a loan less than 100k it does not appear there isn’t much that is going to be done to get the money back. $100k loans and less make up $71 billion of the $378 that was loan out through eidl