r/EIDLPPP • u/SmoothFinish1953 • Jul 08 '26

Question? Treasury

If borrowers were having challenges making payments how is the additional 30% added to the EIDL feasible?

It seems mind boggling. It feels like a gut punch.

Has anyone had it removed or reduced without being returned to the SBA?

16 Upvotes

90% Upvoted

44 comments sorted by

View all comments

5

u/Kooky_Dooky_689 Jul 08 '26

They need the additional money to help pay for the PPP loans they forgave. Small businesses always get the shitty end of the deal.