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This video talks about some of the SBA EIDL collateral changes which our users have been reporting about since beginning of November. Many folks have received letters (by email) directly from the SBA about collateral changes to their Economic Injury and Disaster Loan. The SBA has amended requirements and has essentially waived requirements that you can't use EIDL collateral for other loan applications.
#eidl loan #eidl #eidlcollateral