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  • 1xEIDL Interest Calculator and Tracker$17
    -+

All prices in USD

This calculator and tracker is for anyone that took out an EIDL loan related to Covid-19.

Note: This is fully updated for the 30-month payment deferral period that the SBA announced in March 2022. 

     This EIDL Interest Calculator and Tracker will help you:     

      • Calculate the accrued interest on your loan, including interest accrued during the deferral period.

      • Calculate your total interest paid over the life of the EIDL loan, including the impact of a 2nd draw loan and/or making early payments.

      • Calculate how much making early or extra payments would change the total interest you must pay and how long it would take to pay off your loan.

      • Make a plan for how to pay off your loan in the timeframe you desire.

      • Track your payments made with your EIDL loan in order to show proof if

        ever requested by the SBA (highly recommended).