EIDL repayment begins October 11th. Loan Mantra has tools for small business owners to ensure their repayment success and avoid loan default.

EIDL repayment begins October 11th. Loan Mantra has tools for small business owners to ensure their repayment success and avoid loan default.
A phone script from Loan Mantra for small business owners who wish to call their U.S. Senator with concerns regarding upcoming EIDL repayments.
A letter template from Loan Mantra for small business owners to write to U.S. Senators about upcoming EIDL repayment concerns.
Good news: On September 7th, 2021, the U.S. Small Business Administration announced the COVID EIDL cap will increase from $500,000 to $2,000,000. Even more, the cap for a single corporation will increase to $10.0 million. Though you can apply for a COVID EIDL loan of more than $500k today, any decisions on funding will occur […]
On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 into law. The Act offers $1.9 trillion dollars in a relief package designed to help Americans recover from the pandemic. The following funds are allotted to small business recovery, targeting the most hard-hit industries as designated by NAICS codes through ongoing […]
On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 into law. The Act offers $1.9 trillion dollars in a relief package designed to help Americans recover from the pandemic. The following funds are allotted to small business recovery, targeting the most hard-hit industries as designated by NAICS codes through ongoing […]