It is May 2, 2026. As the final repayment cycles for legacy EIDL and newer 2024 disaster loans hit, rumors of a “Partial Forgiveness” program are circulating in Washington.
- The Reality: There is no official forgiveness yet; however, “Offer in Compromise” (OIC) approvals for struggling LLCs have increased by 15% this quarter.
- Hardship Accommodation: The SBA has extended the “Interest-Only” payment option for another 6 months for LLCs in designated economic zones.
- The Shark Insight: “Don’t bank on rumors, but do bank on negotiations. If your SBA debt is strangling your cash flow, don’t just default. Use the 2026 OIC path to settle for less than you owe before the SBA sells your debt to a private collector.”