They need to forgive the loans; just like they forgave the PPP LOANS…. Small businesses are still struggling and can’t afford these payments. Inflation has taken a toll on everyone….
@goldencarla
2 ай бұрын
AMEN FOR Goodness Sake’s‼️‼️‼️‼️🙌🙏🙌🙏
@sedrickwells8545
2 ай бұрын
At some point they'll have to forgive these loans
@j.edwards8567
2 ай бұрын
Full loan forgiveness. And without the forgiveness amount being taxed as “income”
@MrGamerSling
2 ай бұрын
FORGIVE THESE LOANS!!! IF NOT FOR COVID, 99% WOULDN'T HAVEN BORROWED!!
@StevieMack
2 ай бұрын
I've been making payments since day 1 when they said pay it back, and nothing is going toward the principle at all...we need full loan forgiveness 💯💯💯
@GoodFella-xw8yx
6 күн бұрын
You will be paying interest for 12-13 years and then finally your loan amount next 17-18 years
@larrypoulin4793
2 ай бұрын
Full forgiveness is absolutely needed!!
@donnied99
2 ай бұрын
I'm literally dying slowly trying to make ends meet, keep my business open, and pay back this loan. Please help us! Forgive these loans!!
@MsSaucyT
2 ай бұрын
Same here. I pray that things turn around for good shortly and loads of business come our way in Jesus name Amen
@oscargirin
2 ай бұрын
@@MsSaucyTsame here ,don’t know what to do ,my payment terms started by march ,since than haven’t made any payment ,and I don’t see any news about what may happens to us
@GoodFella-xw8yx
6 күн бұрын
@@oscargirinAll that money that was borrowed was eaten by covid and now inflation.It’s crazy
@meldelucarivera9011
2 ай бұрын
Just forgive it! Please!
@ismethoxha6882
2 ай бұрын
We re straggling as a small business! We need to forgiveness.
@travisrainforth267
2 ай бұрын
I don't see how they will ever be able to fully manage this, they haven't been able to so far.
@mikeogbo2267
2 ай бұрын
The sba should forgive Eidl just as they did with ppp loans How can they forgave the Rich, including politicians and their wives ppp loans and the ordinary people with Eidl loans not forgiven. The system is not right.
@helloskip
2 ай бұрын
Wow first 3 comments are all about loan forgiveness.. I want to hear what you think!
@sisterbrandylassiter
2 ай бұрын
Skip we need laon forgiveness I owe 97,000.00 my business is about to shut down this Is all I have. I have poured my whole life into my business. i hate that I allowed them to talk me into getting that amount of a loan. I am a struggling business owner who needs this loan, forgiven at least 60% forgiven. Skip, please keep advocating for us small business owners.
@ninagrubbs515
2 ай бұрын
PPPs were forgiven, so why not make it fair?
@bratu4ed
2 ай бұрын
@@sisterbrandylassiter 100% agree
@nickvale1285
2 ай бұрын
Whichever candidate says they will forgive these loans first, will easily win the election. Its a no brainer!
@jonney235
2 ай бұрын
We are still struggling to make a payment because the economy and inflation are very bad that's why a lot of small bussiness still struggling
@AxeMurderer1983
2 ай бұрын
if the default rate is over 30% then why are we even discussing this? obviously people are underwater on their loans. we need forgiveness.
@amjedshehadeh7573
2 ай бұрын
By end of year will be over 50% . By 2026 will be over 75
@forrestcrump5633
2 ай бұрын
Forgive these loans!!
@sisterbrandylassiter
2 ай бұрын
Concur 🙏🏽we need it bad
@ireneolsen9037
2 ай бұрын
@@sisterbrandylassiter I think once Biden's plan for student loan forgiveness goes through, next will be this.
@markfrancis5751
2 ай бұрын
Take the money Congress is giving to Ukraine and forgive these loans. it's a drop in the bucket in comparison!
@AxeMurderer1983
2 ай бұрын
they can do both. We don't have to cowtow to Putin in order to solve these Covid loans. Ukraine aid is 5% of our annual defense spending budget. EIDL loan forgiveness would be about 10% (and that's just a one-off, not a recurring expenditure). There's easily room for both of these things, and we wouldn't have to bow to a foreign dictator to do it, either.
@thesauce669
2 ай бұрын
@@AxeMurderer1983 Ukraine is not our problem. Hey Ukraine you can't join NATO---then we would not be wasting billions in a proxy war
@Ochac0_Ur4raka
2 ай бұрын
And israel
@ashantysanata9381
2 ай бұрын
Please we need all loans forgiveness 🙏🙏
@noend-2626
2 ай бұрын
Best solution is to give full forgiveness for all EIDL loans
@audreystowers4953
2 ай бұрын
The government could easily forgive loans borrowed during COVID. They forgave student loans, why not to struggling businesses? I didn't create COVID, neither did my business.
@jamesdaggett8580
2 ай бұрын
FULL Forgivness!!! Wouldnt of got this loan if it wasnt for COVID!!!
@jackiebluloya6710
2 ай бұрын
Barely making my loan payments , please FORGIVE!!
@Mossad901
2 ай бұрын
If the government forgives all EIDL loans, it. Would cost the government about the same amount it has given to Ukraine. Forgive the loans because they were given out to keep businesses afloat due to government mandated lockdown.
@alltruckfleet
2 ай бұрын
They should provide a refinance option to help lower payments
@dinoshark4396
2 ай бұрын
If they can forgive student loans, I think small business owners should be forgiven. We contribute way more to our society.
@jaimcgee4566
2 ай бұрын
I think they need forgave the loans
@terranceedwards7615
2 ай бұрын
We need forgiveness!!!!
@danielwatkins286
2 ай бұрын
They should at least keep the payments at 10% but forgiveness should be the answer..
@dinoshark4396
2 ай бұрын
Forgiveness or no interest!
@TarotMessages
2 ай бұрын
ONLY FORGIVENESS and not taxed as income!! no backing down from the damn mafia
@jnsayan
2 ай бұрын
Need to forgive this loan asap to keep the small business owner keep alive
@amjedshehadeh7573
2 ай бұрын
Either forgive or be able to do a settlement like they do with other sba loans. I know a guy who settled 2 mil loan for 7500. After a couple years was able to get back on his feet with the business. He would have never been able to do that paying that loan
@stevemeyer7005
2 ай бұрын
I think they should stop interst payments on the eidl loans. At this rate I'll be dead before I get ahead or even
@larrykeefer5075
2 ай бұрын
They gave collage loan forgiveness they give all these country's money they should forgive this
@bradtoschlog1776
2 ай бұрын
My business is in a niche industry with only a handful of companies. I had started on my own five years before Covid and had no employees. All my competitors had employees and received ppp loans which were forgiven. My eidl was not and this has put my company at a disadvantage.
@mahmoudalhalby7384
2 ай бұрын
We need these loans to be forgiven
@Akbar_Faizi
2 ай бұрын
Please forgive these loans!
@bratu4ed
2 ай бұрын
Definitely full forgiveness. We didn’t ask for this. And also, give us our 10k stop picking and choosing who you gonna give 10k and 15k and only 1k to some, that’s dumb. Stop picking and choosing to only forgive the ppp and not the eidl.
@vickiewoodard3180
2 ай бұрын
Thank you for giving us the information.
@user-ub7sk5gu8z
2 ай бұрын
Sba attached my Ssdi with the treasury people. I became disabled (blind) due to hurricane Ian with carbon monoxide poisoning. And now living in a fema home because the home I owned was condemned after I repaired it. But now someone else lives in it. So I’m in treasury garnishment now. Living in a fema home Blind. And can’t pay the treasury. Yes I modified it. But. This stuff is nuts. And being evicted from the fema home end of July. Is there a reason to go on?
@mfrumento
2 ай бұрын
I'm so sorry!
@joy2thaworld2
Ай бұрын
There is always a reason to go on. Things will get better. Talk to God and find a space that gives you temporary peace. Also, contact your local city and county office, and representative and let them know what's going on.
@mariannecyr1626
2 ай бұрын
Small businesses need full forgiveness! The struggle is real, so many businesses are closing their doors. Why isn’t more government focus being placed on saving our own country instead of saving everyone else!
@TarotMessages
2 ай бұрын
seems like a plan doesn’t it??
@user-le1zf9un4m
2 ай бұрын
I am making 50% of my payments and sinking fast. I won’t make it in the trucking industry with low rates and high fuel
@dustinblackman1611
2 ай бұрын
Please forgive these loans!!
@lisabagot6680
2 ай бұрын
Need forgiveness or stop interest and pay principal
@davidpoitras2149
2 ай бұрын
Forgiveness will probably never happen but I think the answer is lowering the interest rate or going to 0% with all previous payments being applied to the principal. That would be a fair alternative to people that are really legitimately trying to pay the money back.
@LukeRiver-in5xx
2 ай бұрын
Rubbish. Forgiveness
@joelbosh1223
2 ай бұрын
Today I will be defaulting on my 3rd help no money and we are owed by other businesses so much money, we now have to fund legal and see if we ever se money that’s owed to us. I think a big problems is headed for the SBA if small business start failing like mine is over. We need help forgiveness like in Katrina but they want to keep washing money with Ukraine and endless wars
@shannonhutto913
2 ай бұрын
Principal Only Payments would Help!
@dustinblackman1611
2 ай бұрын
How can the government help car companies from going bankrupt and forgive their loans but not a Chinese virus no small business asked for?
@helenyolosalon3099
2 ай бұрын
How do I renew my hardship for another 6 months?
@danielwatkins286
2 ай бұрын
I need to renew as well I guess they want to resend the same form and tax documents they already have ??
@ireneolsen9037
2 ай бұрын
Has the hardship accommodation been extended again?
@debbietruong8137
2 ай бұрын
Same question
@sohailsafi7216
2 ай бұрын
Forgiveness please loss all the amount no have nothing for payment
@conscionce
2 ай бұрын
We barely making 10% payment.economy are slow..forgive the loan don't put more burden on small businesses..
@billymartin9176
2 ай бұрын
Wait till all the discounted payment plans are over. The default rates will go through the roof.
@ronmelancon66
2 ай бұрын
They forced closures on our businesses and then we had no choice but to take out these SBA loans hoping for a miracle and then here comes inflation. They really need to help us out here. It makes me sick that we send billions of tax payer dollars to Ukraine and small business owners here are left to suffer. LOAN FORGIVENESS!
@shikela05
19 күн бұрын
Hi watching the replay thank you so much for sharing keep us informed 🤗😘❤️
@lisamoore246
2 ай бұрын
Why can they not forgive these loans they are paying off student loans for people making hundreds of thousands of dollars.
@abidurtusar4813
2 ай бұрын
Guys if you want lets we all get together and demand for the forgiveness… We need to speak! Our taxes are being used for many unnecessary reason and for politician’s own interest. Why can’t they help their own citizens!? We did not close our business, rather we were forced to close business during the pandemic so our taxes should work like an insurance for this scenario. Please speak before we go broke!!!!!!!
@TarotMessages
2 ай бұрын
YES!! how to “get together”, though???
@menda-city1573
2 ай бұрын
All these comments are so true! Please forgive these loans SBA !!🙏🏻🙏🏻🙏🏻
@virgilplease
2 ай бұрын
Forgive
@saveyoncehair1439
2 ай бұрын
You rock Skip!
@davidr20
2 ай бұрын
Any relief is welcomed by me. O percent would be nice if we can't get forgiveness.
@TarotMessages
2 ай бұрын
NO! Forgive the eidl loans
@tashadotson912
2 ай бұрын
Working on my second accommodation. 30 days and still processing application. Put me in default until approved. *sigh*
@davehale3544
2 ай бұрын
There is a 3rd party collecting and adding 40% interest
@freemolimo
2 ай бұрын
Thanks
@CarterClub
2 ай бұрын
I pray 🙏 for forgiveness but the hardship does help.
@heyitsalfe
Ай бұрын
what if the business has to shut down because they are not able to repay it?
@danielwatkins286
2 ай бұрын
So 30 years down the road SBA will be taking retirement or anything they own if the borrower can't afford the payments..
@svetoslavnovo
2 ай бұрын
They gave money grand to cover those loans
@rambosidi7634
2 ай бұрын
Yep
@Moe-hx5rr
2 ай бұрын
The worse is coming for small business, business won't be able to pay nothing, the numbers of who will default will be more then half of the borrower.
@paisanas-latinamericangood2171
2 ай бұрын
my account was charged off to the treasury. how long will it take to move back to the SBA?
@colincorcoran2524
2 ай бұрын
I have questions. 1. How are 74% of SBs making payments on time, yet there's a 37% default rate? Or is the 74% the remaining 63% of loans not defaulted? Either way, yikes. 2. How is SBA going to garnish wages and take other collection methods if they don't turn over to The Treasury and/or sell loans to private debt collection agencies? 3. The most hilarious question: How is it that the federal government's accounting principles require that Congress appropriate funding to cover any taxpayer or government loss when Congress' funding comes from taxpayers in the first place?! These are so being forgiven, most likely quietly/unofficially.
@jlee559
2 ай бұрын
They haven’t been able to handle anything to date, but, overall every one of their employees seems uninformed
@stevefoust5819
2 ай бұрын
So let me get this right… if you can’t pay the loan now they will garnish your wages if you closed the door on your business and had to go work for someone!! Wow.
@Semo1969
2 ай бұрын
will never be forgiven. they will collect until death and be relentless. will take disability money and SSI money if they have option to. they will call you continuously until paid full it will carry over to all family members if they get their way
@sudhasharma9550
2 ай бұрын
Yes forgiveness is the only way to help small businesses. We were able to pay the taxes so paid to uncle sam another govt agency and landlord for rent to stay in the business, did not realize that was a trap. And tone of he best smallest counties is still issuing licenses to sell liquor so the whole county can get alcoholic. And none of the small businesses can really make any profit and work without pay and just pay back all .
@cassanovamediagroup
2 ай бұрын
Forgiveness is the Answer
@TarotMessages
2 ай бұрын
it is the ONLY answer and to forgive these damn student loan debts
@nadergobran8167
2 ай бұрын
Hi I need grand loan to my business
@ericchapman5975
2 ай бұрын
Forgive this and I'll forgive you screwing me .
@TarotMessages
2 ай бұрын
^^exactly
@michelekim2374
2 ай бұрын
Can eidl be in bankruptcy?
@colincorcoran2524
2 ай бұрын
yes and the SBA is so swamped and understaffed, they won't even show up to court to protest.
@1papabadou
2 ай бұрын
The politicians that are hell bent against forgiveness are the Republicans politicians even though they benefited from PPP loan forgiveness. Marjorie Taylor Greene to begin with.Let it be known to all EIDl borrowers.
@YH-gf6mn
2 ай бұрын
Forgive for God sake
@stephena3753
2 ай бұрын
Did anyone ever get the rest of there money for the EIDL grant portion?
@danielwatkins286
2 ай бұрын
Even with hardship the SBA is collecting millions $$$
@ChicinthewoodsAlaska
2 ай бұрын
If you borrow the money...pay it back! DONT BE A DEAD BEAT!
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