President Biden and the SBA Announce Significant Changes to EIDL Program
Share On September 8, 2021, President Biden announced the expansion of the Small Business Administration’s (“SBA”) Economic Injury Disaster Loan (“EIDL”) under COVID-19. This announcement was followed by an Interim Final Rule (“IFR”) memorializing the changes to the program which has provided low-interest loans to businesses negatively impacted by COVID-19 since March 2020. This update…
