EIDL vs PPP (Second Round): Who is the Lender?
The SBA is both the lender and underwriter for the EIDL. However, lenders for the PPP can be so many companies it can be confusing. It is important to find the lender that is good for you for they are underwritten by the SBA or they may have loans still pending approval.
With this second round of funding, a lot of Fin-tech companies are coming to the table. Will they make it better?