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Changing Bank Accounts | Use Form 3501 to Update your EIDL Application
We explain what you can do when changing bank accounts on your EIDL LOAN. Too many folks change bank accounts, then the funds are rejected by the bank or SBA rejects the deposit due to conflicting banking info. You may have to file a reconsideration and to go through the entire waiting process USING FORM 3501. TEMPORARY CHECKS ARE UNACCEPTABLE ...
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