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re: EIDL Loan Repayment / Forgiveness

Posted on 5/25/23 at 7:06 pm to
Posted by RealDawg
Dawgville
Member since Nov 2012
9530 posts
Posted on 5/25/23 at 7:06 pm to
Not sure on the SS other than that’s a standard tool for collection from treasury.. Mine is tied to SSN not EIN. Pretty sure they required SSN of individuals involved even if it was incorporated.

All about risk/reward. I can see how plenty are making the argument the loan was needed because of government action in the first place.

Personally, I am going to keep paying as I have a construction loan to get and other financing and don’t want my credit pinged (even though it appears unlikely).

Can’t imagine either party will want to mess with it closing on election cycle.

It is a tidal wave that is coming. My bet is they quietly just do nothing. I’ll sit and watch.
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