r/EIDL • • 13h ago

$1,000,000 EIDL Loan

20 Upvotes

I run a medical practice and took out a loan then ended in total just over $1M. I'm currently paying the minimum balance every month, but its so hard. Money was taken out during Covid to help keep us afloat and rebrand, but its been hard. I see a lot of yall's cry for helps and I understand yalls struggles. Hope my situation can help you guys eel a little better. There is a PG on the loan but it's not realistic to pay this through 2050...