Important SBA/EIDL Loan News for Practice Owners!
You may have heard that the U.S. Small Business Administration extended deferments for EIDL loan payments until 2022. While this is great news and comes as a huge relief for small business owners, here are some important things to note: First, if you received the loan in 2020, your deferment has been automatically extended from 12 months to 24 months from the date of the note. If you received the loan in 2021, your deferment has been extended from 12 to 18 months. Second, k