EIDL Repayments in the SBA Portal
The first payment for COVID-19 EIDL borrowers is due 30 months from the date of the original Note. That means that these loans are starting to become due now and it’s time to look at repayments! The payment process is not difficult – Joe Rodola will take us through the process and SBA Portal site to help you get started.
We will cover how to sign up and start making payments, setting up automatic payments from your bank account, how to pull statements and monthly balances, how to make changes to your current payment schedule and how to communicate with the SBA accounting depts.
Joe Rodola is an SBDC Advisor and business professional with 45 years experience in business finance (including 10 years experience as a small business owner and 8 years helping small business startups).
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