If you’ve received an Economic Injury Disaster Loan from the Small Business Administration you might be eligible for more money. SBA lifted the cap on EIDL loans up to $2 million, from $500,000, on Sept. 8. The EIDL loans for businesses impacted by COVID-19 offer 30-year maturities and interest rates ranging from 2.75% to 3.75%.
How to request an increase on your EIDL loan
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