SBA to Increase Lending Limit for COVID-19 Economic Injury Disaster Loans
… can borrow through its COVID-19 Economic Injury Disaster Loan (EIDL) program. Starting the week of April 6, 2021, the … EIDL program from 6-months of economic injury with a maximum loan amount of $150,000 to up to 24-months of … with a maximum loan amount of $500,000. “More than 3.7 million businesses employing more than 20 million people …