EIDL — Small Business Majority Community https://community.smallbusinessmajority.org/ Sat, 18 Sep 2021 02:45:09 +0000 en EIDL — Small Business Majority Community Questions about the Economic Injury Disaster Loan (EIDL) Program https://community.smallbusinessmajority.org/discussion/126/questions-about-the-economic-injury-disaster-loan-eidl-program Fri, 03 Jul 2020 16:27:48 +0000 COVID-19: Resources and Discussions for Small Businesses sherryp37 126@/discussions Any input what can be paid and what cannot be paid from the proceeds of an EIDL loan. I am a sole proprietor , independent contractor and drive for Lyft. I am 1099'd, work from home but must pay office dues that I am affiliated with. I know car payments and repairs, car insurance, related real estate and other vehicle issues. Told by SBA that I couldn't buy a new car even if it will cost a lot to keep it in condition to use for work. Doesn't make sense...a payment is a payment and cash out for repairs is still cash out. I have been living on my credit cards and maxed out. I have had conflicting information as to whether I can pay even of a portion of residential rent. credit cards etc. I am not behind thanks to maxed credit cards but would be behind otherwise. Does anyone have information to guide me or direct me to an information source. Thank you for your time

]]> How can Congress help small businesses right now during the pandemic? https://community.smallbusinessmajority.org/discussion/137/how-can-congress-help-small-businesses-right-now-during-the-pandemic Tue, 15 Sep 2020 21:08:28 +0000 Community Digest and Discussion Kevin_SBM 137@/discussions Thank you for being a part of Small Business Majority's network and for participating in the Community Digest & Discussion!

Our goal is to provide a place for business owners like you to discuss current events and issues that are impacting small businesses across the country. When business owners are able to learn from others in similar situations or gain a better understanding of important small business issues that impact all of us, the small business community at large will benefit. Furthermore, at Small Business Majority, we are always looking for feedback and insights from real business owners so that we can do a better job providing education, resources and advocacy.

Currently, we are looking for feedback around the following question:

With Congress' continued inaction on a new Stimulus Package, it's beginning to look like no deal will be agreed upon before the election. What impact will this have on your business and what do you think Congress should be doing to help small businesses right now?

]]> EIDL Applications https://community.smallbusinessmajority.org/discussion/96/eidl-applications Fri, 24 Apr 2020 18:12:11 +0000 COVID-19: Resources and Discussions for Small Businesses KellyS1223 96@/discussions
  • How can we determine if SBA has received our loan application?
  • If SBA received it but didn't fund it, do we have to reapply for the second round?

    • I applied in March and never heard anything from SBA.

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