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Articles

EIDL Loan: A Doule-Edged Sword

10/30/2024

 

Ben Levy

​Nearly a decade of experience analyzing composite scores across various school types and sizes.

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The Economic Injury Disaster Loan (EIDL) program, implemented during the COVID-19 pandemic, was intended to provide financial relief to small businesses. However, the specific restrictions on how these funds could be used have had unintended consequences on proprietary schools, potentially harming their financial responsibility and composite score.

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