I think this thread could have used a wiki.
Do I need to read through all 147 pages to figure out what info I will need to apply for and EIDL loan? Or can someone kindly give me the rundown?
It would be nice- good point.
EIDL is a very simple application. You'll need basic company and owner info, and gross income for 02/01/19-03/31/20. COGS if you're in manufacturing for the same dates.
If you put in an amount in the Economic Injury field you'll receive only that instead of 50% of gross income. If you have COGS then you're more likely to receive 50% of COGS than 50% of gross income.
The max loan is 150k, 30 year term, 3.75% interest.