NJSBDC Network
Aug 4, 20201 min
SOURCE: SBA.gov
If for any reason you wish to return your EIDL loan to the SBA then you need to follow these steps below. The return is basically a repayment of the full amount* of the EIDL Loan to the SBA.
*NOTE: Interest accrues daily. Some EIDL loans may have also incurred a $100 UCC filing fee. Borrowers are responsible for all accrued interest as well as the $100 fee. To ensure you pay off the full amount owed (or partial amount), including interest and fees, please contact your Loan Officer (or a Tier 2 representative) and request a payoff amount prior to submitting payment.
Make a check payable to “SBA.” Include three (3) things on the memo line:
Write “EIDL Return”
Write the 10-digit EIDL application number
Write the Business Name OR Borrower’s Name OR Tax ID number
Mail the check to:
Small Business Administration (SBA)
721 19th St.
Denver, CO 80202
Call the SBA Disaster Assistance Customer Service if you need assistance at