Small Business Administration's (SBA) Economic Injury Disaster Loan (EIDL) loan program continues in 2022 for small businesses who meet certain criteria. Once the documents are prepared, they can be submitted by putting INCREASE EIDL Loan Number # in the Subject Line of the email to: You will receive a confirmation email once the SBA has received your request.SAN FRANCISCO, CA / ACCESSWIRE / Janu/ The U.S. The difference between what the (forecasted) actual revenues “due to COVID” as compared to historic revenues, less actual expenses is the "Amount of Economic Injury" that the SBA will consider for an increase.Īll documents will need to be attached to an email individually in a PDF format, clearly named by including the form number when applicable. Form 1368 also documents actual and forecasted expenses. All revenues to date are actual and you will be required to forecast revenues for future periods. Form 1368 records historic revenues prior to the injury period and through the injury period. The SBA has defined the Injury Period due to COVID-19 as being 24 months, approximately March 2020 through March 2022.
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