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Can Bankruptcy Get Rid of SBA Loans or EIDL Loans?

Illustration of a stressed small business owner sitting at a desk with an SBA loan past-due notice, surrounded by paperwork and a laptop, thinking about bankruptcy. A thought bubble reads “Bankruptcy?” and a faint U.S. Treasury seal is visible in the background.

Can Bankruptcy Get Rid of SBA Loans or EIDL Loans? The COVID-19 pandemic pushed many small businesses and self-employed individuals to seek help through SBA loans—particularly EIDLs (Economic Injury Disaster Loans). Years later, some borrowers are still struggling with the debt. If are struggling to pay any of your debt, especially business debt, it is […]