COVID-19 Economic Injury Disaster Loan (EIDL) Repayment
COVID EIDL Informative Webinars
COVID-19 Economic Injury Disaster Loan (EIDL) deferment periods are approaching an end. As such, business owners must start preparing to make payments. The following are key points and resources for all COVID EIDL borrowers. Join SBA for an informative webinar on your COVID Economic Injury Disaster Loan (EIDL) servicing requirements.
Tuesday, November 15th
10:00AM – 11:00AM EST
Thursday, November 17th
2:00PM – 3:00PM EST
Learn the following:
- Where to find your COVID EIDL loan details
- What does CAFS mean?
- How to access SBA’s digital loan platform and where to download step-by-step instructions on CAFS
- Where to make payments on your COVID EIDL loan
- Where to view your COVID EIDL payment due dates and payment history
- How to identify your COVID EIDL loan servicing center
- Where to get help and much more!
I Received a COVID EIDL…What Now?
- COVID Economic Injury Disaster Loans are not forgivable
- SBA has begun to remind borrowers through email and calls
- SBA will not mail paper notices (Form 1201) but may send payment reminders via email
- Deferment on payments is from the date on the original note
- Interest began accruing at the time of disbursement
Are You The Best Of The Best?
Submit Your Nomination Today!
These annual awards recognize the achievements of SBA-assisted small businesses and the contributions they have made to their communities and the economy. SBA invites Rhode Island’s small businesses to share their stories.
Guidelines & Forms:
Where to Submit:
- Businesses may self-nominate and submit!
- Completed packages MUST BE submitted via the Box.com link below. Submissions via email, hard copy, or any other way will not be accepted.
|
