EIDL loan

What happens to the EIDL loan if the business is sold?

What happens to the EIDL loan if the business is sold?

In the fast-paced realm of business, decisions to sell a venture demand careful consideration and strategic planning. Entrepreneurs facing this pivotal choice often find themselves grappling with a multitude of concerns, with one of the most pressing being the fate of existing financial commitments, notably the Economic Injury Disaster Loan (EIDL). As we embark on…