SBA Has a 60-Day Goodwill Period for PPP and COVID EIDL Loans

The Agency Expands the Hardship Accommodation Program

Breaking News: The Small Business Administration (SBA) right now has a 60-day goodwill period for Paycheck Protection Program (PPP) Loan and COVID EIDL (Economic Injury Disaster Loan) borrowers. The via official press release is dated January 5, 2024. The 60-day window would run through March 3, 2024.

If you’re a PPP Loan or COVID EIDL borrower who may need some additional workout plans, then check out the information below

Paycheck Protection Program Loan (PPP Loan)

· Complete the PPP loan forgiveness application here

· Check your current loan status on MySBA Portal

· Call the dedicated forgiveness call center: 877–552–2692. The call center is open Monday through Friday from 8:00 a.m. — 5:00 p.m. ET.

COVID Economic Injury Disaster Loan (EIDL)