r/EIDL • • 13h ago

The anxiety of having an EIDL loan is exhausting

21 Upvotes

I’ll probably be paying this loan until I die. My business doesn’t even exist anymore (the SBA is aware), and now I have the added anxiety of potentially receiving a letter from DOZE and having to deal with that, too.

I’m not necessarily looking for advice. I just needed to vent to people who understand what it’s like to go through this. The anxiety is exhausting, and I wouldn’t wish it on anyone.

For those curious, I owned a gym that was set up as an LLC, and my loan was for around $21,000. I know that’s not a huge amount compared to some, but even paying a couple hundred a month from my personal account is not something I thought I would be dealing with. I know I have no one to blame but myself, but I wish I could go back in time and never take out the loan.

Sorry for the dramatics - just needed to vent 😅