SBA Releases Montana's Mid-Year Loan Numbers - sba 2025

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The SBA does not currently have a forgiveness program for EIDL loans. Borrowers must repay these loans in full as agreed under the loan terms.
As of January 1, 2022, SBA stopped accepting applications for new COVID-19 EIDL loans or advances. As of May 6, 2022, SBA is no longer processing COVID-19 EIDL loan increase requests or requests for reconsideration of previously declined loan applications.
Beginning May 2023, simplified underwriting can be used for loans $500,000 or less, including: Through an acceptable SBSS score, currently 155 and above. Through cashflow analysis. Through the lenders same policies and processes they use for similar-sized non-SBA guaranteed loans, including use of credit scoring
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