COVID-19 Tax & Business Implications

Deferment Period for EIDL Payments Extended for Third Time

March 23, 2022

There is good news for small businesses and nonprofits that received Economic Injury Disaster Loan (EIDL) funds. The U.S. Small Business Administration (SBA) has extended the deferment period for COVID-19 EIDL payments for the third time in 12 months. The extension is effective for all COVID-19 EIDL funds approved in…

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