AmiSight 8/7: New SBA Relief: EIDL Borrowers Can Apply for 90% Payment Reduction

Borrowers who are experiencing economic hardship and have borrowed $200k or more can now apply for six months of payment relief. Specifically, your payments will be reduced by 90%. So as an example, if your initial EIDL loan was $500k, your monthly payments for six months will reduce from $2,316 to $231.

Would you like more information and help to apply? Click here and one of our team members will reach out.