The EIDL Loan Handbook for Small Businesses

Everything you need to know about spending your EIDL loan, and SBA recordkeeping compliance.

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.

The EIDL Loan Handbook for Small Businesses

Everything you need to know about spending your EIDL loan, and SBA recordkeeping compliance.

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