Sba Loans 2024 Application. Small business administration (sba) has announced expanded flexibility and accommodations for covid eidl and ppp borrowers to help bring them into compliance and avoid the repercussions of defaulting on a government loan. Usually, you need to meet the following criteria to qualify for most sba 7 (a) loan programs.

Eidl borrowers can explore hardship repayment plans that can reduce monthly payments. The sba has also made a number of smaller moves in recent days, including: