Eidl Loan Forgiveness For Sole Proprietor In Florida
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If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
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FAQ
As of January 2025, there are no plans to forgive outstanding SBA EIDL loans. There are a variety of challenges involved with widespread forgiveness.
For EIDL loans less than $200,000, dissolve your business. EIDLs for less than $200,000 are generally not personally guaranteed, which means the business owner is not personally liable for the debt as long as the business is structured as an LLC or corporation.
As of January 2025, there are no plans to forgive outstanding SBA EIDL loans.
COVID-19 EIDL is not forgivable.
