Eidl Loan Forgiveness For Sole Proprietor In Hillsborough
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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.
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FAQ
COVID-19 EIDL is not forgivable.
As of January 2025, there are no plans to forgive outstanding SBA EIDL loans.
The Florida Disaster Fund distributes funds to service organizations that will serve individuals within their communities with disaster response and recovery. If you have additional questions about the Florida Disaster Fund, please call (850) 414-7400 or email info@volunteerflorida.
As of 2024, businesses with COVID-19 EIDL loans must focus on managing their repayment obligations. These loans are not eligible for forgiveness (except for the EIDL advance grants) and require full repayment.
There is no provision for forgiveness on these loans, nor should anyone expect that there will be. The EIDL is a decades-old program, and if they forgive loans for this particular disaster, then borrowers for every other EIDL program are going to expect forgiveness on their loans as well. It's not happening.
