The EIDL Loan Handbook for Small Businesses

Bench's expert bookkeepers outline the bookkeeping and recordkeeping requirements to remain compliant with the SBA's loan terms. We also cover the conditions of the EIDL and what you can and cannot spend the funds on.

→ Get the Guide

Get the Handbook

Enter your information below to receive your EIDL handbook.

By clicking above, I agree to Bench’s Terms & Privacy Policy.

Getting approved for an EIDL loan is a great first step in successfully navigating COVID-19 as a business.

But once you receive the loan, you’ll need to spend the funds in the right way, and keep a number of records to comply with the SBA agreement you signed.

In this simple guide, we cover:

  • The rules on what you can spend your funds on
  • Which expenses are prohibited
  • Using the EIDL and PPP together
  • Which receipts to keep during the EIDL loan
  • The accounting and bookkeeping requirements for complying with the SBA going forward

‍

And much more.

Once you’ve gotten approved, you can consider this your one-stop handbook to managing your EIDL loan.

→ Get the Guide

Join over 140,000 fellow entrepreneurs who receive expert advice for their small business finances

Get a regular dose of educational guides and resources curated from the experts at Bench to help you confidently make the right decisions to grow your business. No spam. Unsubscribe at any time.

Subscribe