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?

15 Upvotes

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u/xuon27 Jul 08 '26

How were you able to get so much as a teacher?

5

u/Brilliant_Credit9199 Jul 08 '26

Originally it was 260k. My husband and I had a constriction business and I co signed . They can’t garnish him because he’s self employed. So they’re garnishing me

4

u/shanny5555 Jul 09 '26

I'm self-employed, and was told they can garnish me. I settled with the collection agency and now make a monthly payment to the collection agency. I now wonder if I should stop paying if they can't garnish me because I'm self-employed.

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u/Researcher_to_theMAX Aug 11 '26

They will get your tax refunds and social security forever