EIDL Loan Transferable: What You Need to Know
Is EIDL loan transferable? If there is a transfer of ownership, the addition or deletion of a guarantor to the loan requires approval. While the Cares Act EIDLs do not require a personal guaranty for loans under $200,000.00, the SBA still nevertheless requires its approval of the transfer. Read more on blogs.lawyers.com The Small Business … Read more