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CITY: WEB ADDRESS: DATE ESTABLISHED: CONTACT/BUYER: EMAIL: PHONE: FAX: EMAIL: A/P CONTACT: PHONE (IF DIFFERENT): FAX (IF DIFFERENT): SHIP TO ADDRESS (IF DIFFERENT): STATE: CITY: ZIP: TERMS CREDIT CARD (CC AUTHORIZATION FORM REQUIRED) COD COMPANY CHECK COD MONEY ORDER/CASHIERS CHECK NET 30 LIMIT $ COD COMPANY CHECK AND NET 30 APPLICANTS PLEASE COMPLETE THE BANK AND TRADE REFERENCE BELOW. CREDIT DECISION CAN TAKE UP TO 10 BUSINESS DAYS. ALL INFORMATION PROVIDED WILL BE HELD IN STRIC.
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Invoices FAQ
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If your business closes next week, you're personally liable for the debt. EIDLs are not forgivable. You'll repay them over the 30-year term, though you can pay your loan off early with no prepayment penalties.
-
As of January 1, 2022, SBA stopped accepting applications for new COVID-19 EIDL loans or advances.
-
The COVID-19 Economic Injury Disaster Loan (EIDL) and EIDL Advance programs provide funding to help small businesses recover from the economic impacts of the COVID-19 pandemic. There are two types of COVID-19 EIDL funding: COVID-19 EIDL loan funds may be used for working capital and other normal operating expenses.
-
On August 1, 2023, SBA implemented policies to expand access to capital for small businesses by modernizing SBA's signature 7(a) working capital* and 504 fixed asset loan programs.
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COVID EIDL loans are not eligible for forgiveness and must be repaid in full, but borrowers can take advantage of a 30-month payment deferral period that begins on the loan date. This deferral period applies to loans approved in 2020, 2021, and 2022 and is an extension of the original 12-month deferral period.
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As of May 6, 2022, SBA is no longer processing COVID-19 EIDL loan increase requests or requests for reconsideration of previously declined loan applications.
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