To Receive Assistance Completing the SBA Loan Increase and Reconsideration Application Complete the Form Below.
About The EIDL
The SBA’s Economic Injury Disaster Loan (EIDL) Program provides small businesses (500 employees or less) with low-interest loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing due to COVID-19. EIDL interest rates are 3.75% for small businesses.
1-888-662-6250
LOCATION
Momentum Business Capital
4014 Chase Avenue
Suite 212
Miami Beach, FL 33140
PHONE
(888) 662-6250
SERVICES
As of January 1, 2022, we are not able to accept applications for new COVID EIDL loans or advances.
- The U.S. Small Business Administration (SBA) will accept and review reconsideration and appeal requests for COVID EIDL applications received on or before December 31 if the reconsideration/appeal is received within the timeframes in the regulation. This means six months from the date of decline for reconsiderations and 30 days from the date of reconsideration decline for appeals – unless funding is no longer available.
- Borrowers can request increases up to their maximum eligible loan amount for up to two years after their loan origination date, or until the funds are exhausted, whichever is soonest.