Will SBA Sell Their SBA COVID-19 EIDL Portfolio
This blog complements our YouTube video, where we analyzed an INC.com Article. We scrutinized several sections in the article, The SBA Will Keep Its
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Navigating Decision-Making: Balancing Data, Intuition, and Emotion
I’m obsessed with mistakes. Second to that is the decisions we make that lead to those mistakes. There’s a subtle yet profound distinction between
Unveiling the Truth: The Saga of EIDL Loans and Treasury
The world of Small Business Administration (SBA) loans is a complex and often overwhelming one, especially when it comes to Economic Injury Disaster Loans
Massive Number of COVID-19 EIDLS Entering REPAYMENT PERIOD
AND THE NIGHTMARE BEGINS…(AGAIN). In last week’s blog, we discussed the nightmare situations where small business owners found their COVID-19 EIDLs in default and
Repayment Of The COVID-19 EIDL
Would it surprise you that SBA makes it shockingly DIFFICULT for BORROWERS to make PAYMENTS? Since January of this year, we have been inundated
EIDL Class Action Lawsuit against SBA | Opinion: Who’s to Blame
With uncertainty over the depth and length of the pandemic, including lockdowns, many Small Business Owners found salvation through the monies distributed by SBA
Mistake Management: Future-Proof Faux Pas
In the world of small business, the ability to anticipate and prepare for potential pitfalls is more than a necessity; it’s an asset. And
COVID-19 EIDL Hardship Accommodation Update: Change of Ownership
Many struggling businesses are requesting a reduced payment through SBA’s hardship accommodation program. SBA will allow you to reduce your monthly payment to as
COVID-19 EIDL Forgiveness: NOT HAPPENING
Often we’re chided and derided for our communications about the EIDL program and the SBA. We operate under the credo that we refuse to
Don’t Surrender to the Bureaucracy
FIGHT US Treasury Collection on your COVID-19 EIDL. Since late 2023, the United States Small Business Administration (SBA) transferred tens of thousands of COVID-19
Business Owner vs SBA vs Congress
The United States Small Business Administration (SBA) is under tremendous pressure from two sides with the COVID-19 Economic Injury Disaster Loan (EIDL) program.
Business Owners Constantly Complain About SBA
We see lots of anxiety, anger, and acrimony about the Small Business Administration’s (SBA) handling of the vital pandemic relief program. We see it
Fear-Mongering For Free
We’ve had people accuse us of trying to frighten business owners about the consequences of failing to comply with the terms of or failing
Are LLCs Immune from COVID-19 EIDL Debt Collection?
We received the under-noted comment/questions on one of our YouTube videos. Both our video and this comment serve to demonstrate the continuing dysfunction of
Removing Credit From Your Credit Report
Click to Watch our One Minute Video Have you been approached by people who claim they can repair or restore your credit and improve
Forced to Take the COVID-19 EIDL
We received an inquiry from a Small Business Owner with a COVID-19 EIDL. Her (unedited) inquiry reads as follows: “I was forced when I feel
EIDL Q&A 101
Questions and Answers about EIDL Small Business Owners have so many questions about the COVID-19 EIDL program such as: “Are EIDL loans forgiven if
The Problem with Crowdsourced Knowledge
We believe crowdsourced knowledge can be useful for two reasons ONLY. Both of these concepts are valuable, but should only be used as a
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It’s a Vast Universe Out There.