Been going down an internet rabbit hole trying to find SBA EIDL loan information? It’s confusing, I get it.
The number of people who find me after they’ve wasted money on attorneys and accountants who know nothing about EIDL is nuts. One client told me this week that he paid a $10,000 retainer to one attorney to try to get his loan back from Treasury. That’s just insane.
Another company is charging hundreds, or even thousands, of dollars to do something you can easily do yourself. Needless to say, I don’t blame you if you have trust issues when it comes to EIDL advice.
Don’t know who’s right or who to trust? Read my bio here and the Wall Street Journal, NY Post, and United Business Journal articles I’m featured in. Also, check out the resources below, then decide for yourself.
Schedule an EIDL Advisory Session with Jason Milleisen, former workout officer for the largest SBA lender, and SBA workout consultant since 2009.
120+ YouTube Videos (mostly about EIDL topics)
Blog posts related to SBA EIDL loans
Note: The EIDL situation is constantly and quickly evolving, so info contained in these posts could become outdated quickly. Subscribing to my Youtube channel or scheduling a EIDL Advisory Session are your best bets for the most current updates.
11/21/2024 – EIDL Charge-Offs for 2024: The Staggering Numbers Behind the SBA’s COVID Loan Program
11/14/2024 – Why Selling Your Business Assets Without Permission Can Backfire: A Look at Fraudulent Conveyance
11/7/2024 – What Impact Will Trump’s Election Victory on SBA EIDL Forgiveness or Offer In Compromise?
10/8/2024 – SBA Underwhelms with latest Hardship Accommodation Program Tweak
9/23/24 – 5 Common Myths and Misunderstandings about SBA EIDL Loans
9/10/24 – 7 Common Questions About SBA EIDL Loans and Personal Guarantees
3/27/24 – Do I need an SBA Attorney to handle EIDL and 7a issues?
3/8/24 – Jason Milleisen featured in Wall Street Journal, NY Post, and United Business Journal articles.
2/8/24 – SBA EIDL Update: SBA Charged-Off $52 BILLION in EIDL Loans in 2023
1/5/24 – EIDL Update. Defaulted Loans of $100K or less will be sent to Treasury.
11/22/23: Why SBA May Be Avoiding EIDL Loan Forgiveness (Hint: It’s already a Bloodbath for them)
10/20/23: EIDL Update on Collateral Sales: “OR SHALL ACQUIRE” are 3 Words You Need to Know
10/6/23: SBA and Inspector General (IG) Fighting over EIDL under $100K. One interesting fact came to light
8/5/23 – EIDL and Impact on Personal Credit (Updated)
7/17/23: EIDL Loan Forgiveness Update: Watch Out For Scammers Like This One
7/12/23: EIDL Loan Forgiveness and Selling Business Assets
6/26/23: EIDL Forgiveness Update June 26, 2023. 60 Day Letters Are Going Out.
6/23/23: SBA EIDL Loan Forgiveness? SBA Says “Just Kidding!”
5/20/23: EIDL Offer in Compromise (May 2023 Update)
3/17/23: EIDL Update March 2023: New SBA Loan Servicing Portal
1/13/23: SBA EIDL Loan Forgiveness: 6 wrong or just plain old dumb statements I have seen on Reddit
1/6/23: SBA EIDL Audio Course is Now Available (Free & Premium)