EIDL Loan

searcher profile

January 16, 2024

by a searcher from St. Lawrence University in Vermont, USA

Has anyone heard of an EIDL loan being successfully transferred to a new owner through an asset sale?

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commentor profile
Reply by a lender
from Bloomsburg University of Pennsylvania in Ambler, PA 19002, USA
Unlikely in my experience.. servicing requests with the SBA (on the EIDL) even for simple subordinations aren't a sure thing/easy process
commentor profile
Reply by a lender
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
I have not seen one done.
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