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Politicians narratives don't fly based on logical reasonable historical issues with the SBA EIDL program. *** Get our COVID-19 EIDL Guidebook, which has EVERYTHING about EIDL you never wanted to remember, including our strategy to file a dispute with Treasury. https://www.auroraconsulting.biz/eidl... Link for our paid one-Hour phone consultations: https://auroraconsulting.biz/lets-meet/ 00:00 Introduction and Coining a New Phrase 00:11 Dissecting the Inc. com Article 00:54 Shoutouts and Subscriber Milestone 01:51 COVID-19 EIDL Program Overview 03:52 SBA's Systemic Failures and Collection Issues 05:03 Debate about Business Owner Responsibility 07:20 Understanding Loan Defaults 13:37 Political Pressure and an underfunded SBA 16:01 Default Rate Estimates and Portfolio Sale 18:40 Understanding ROI and Loan Collections 19:08 Hardship Accommodation Program Explained 20:06 Unique Borrower Situations and SBA Policies 21:33 SBA's New Servicing Center in Fort Worth 23:28 Repayment Statistics and Misleading Numbers 24:22 EIDL Loan Forgiveness Myths 26:09 Proactive Steps for EIDL Borrowers 29:50 Congressional Involvement and SBA Funding **** House Committee On Small Business 2361 RAYBURN HOUSE OFFICE BUILDING (RHOB), WASHINGTON, D.C. 20515 PHONE(202) 225-5821 ****United States Senate Committee on Small Business & Entrepreneurship 428A Russell Senate Office Bldg, Washington, D.C. 20510-6350 📌 The content in any of Aurora Consulting's YouTube videos or this website shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other & may be outdated or inaccurate; it is your responsibility to verify all information. 💥 ⓌⒽⓄ ⓌⒺ ⒶⓇⒺ During the pandemic, we assisted Small Businesses to obtain $100M in pandemic funding, primarily through SBA's COVID-19 EIDL program. We provided hundreds of hours of free advice including free consulting calls and live YouTube Q&A sessions. We did our part to support the American Small Business community. 𝑾𝒆 𝒏𝒐𝒘 𝒑𝒓𝒐𝒗𝒊𝒅𝒆 𝒔𝒖𝒑𝒑𝒐𝒓𝒕 𝒊𝒏 𝒕𝒘𝒐 𝒘𝒂𝒚𝒔: Our expert guidebook "The SBA COVID-19 EIDL Guide" answers ALL your questions about the COVID-19 program from responsibilities to restrictions, from "Change of Ownership" to "Closing Your Business" to "Hardship Accommodation" and "US Treasury Default" and much, much more. You can purchase your copy of our guidebook here: https://www.auroraconsulting.biz/eidl... Natural Disaster Loan Application consulting. As per SBA guidelines, we charge a flat fee to prepare forms and supporting documents for a SBA natural disaster loan application or to respond to a declined/withdrawn loan application to help the Small Business Owner obtain the approval for which they are entitled. You can request our assistance by filling out a short information form by CLICKING HERE. https://www.auroraconsulting.biz/disa... We ask that you respect our expertise and especially respect the time we have already contributed with our free videos, consultations and question and answer sessions during the pandemic. We are a Small Business just like you and we're working diligently to make a living just like you. 💥 𝒪𝒰ℛ ℬ𝒜𝒞𝒦𝒢ℛ𝒪𝒰𝒩𝒟𝒮 Trevor retired from Mortgage Banking in 2018. He brought the standards he developed in his mortgage financing career along with his customer service background with the once famous "Crazy Eddie" retail chain to assist business owners and entrepreneurs manage the day-to-day doldrums when it came to securing business financing before & during COVID. In 2017, Linda Rey exited the insurance business and with Trevor, we launched Aurora Consulting, a Commercial Financing Brokerage to help entrepreneurs expand their enterprise with unique, cost-effective business financing solutions. When the pandemic hit, the business shut down as Lenders scrambled with the Paycheck Protection Program (PPP). As true entrepreneurs do, Linda Rey and Trevor pivoted and sought to help business owners learn the fundamentals of business financing and how to apply for the SBA’s Economic Injury Disaster Loan (EIDL). They had enough experience with applying for a business loan, so their knowledge helped enlighten business owners navigating the very confusing EIDL process. Aurora Consulting developed a national reputation assisting business owners nationwide and helped secure over $70 million (that we know of) in disaster funding for small business owners. #Incdotcom #IncArticle #SBACOVID19EIDLPortfolio #INeedHelpwithEIDL #EIDLDefault #COVID19EIDL #EIDLUSTreasury #USTreasury #USTreasuryDispute #USTreasuryCollection #EIDLCollection #IRSCollections #DefaultedEIDL #EIDLExperts #EIDLConsultants #SBANaturalDisasterLoan #NaturalDisasterLoan #NaturalDisasterEIDL #MySBAportal #HardshipAccommodation #EIDLHardship #EIDLBankruptcy #SmallBusinessBankruptcy