If you're a small business owner, understanding how to manage your Economic Injury Disaster Loan (EIDL) is crucial, especially if you're considering applying for a new loan. According to the latest Standard Operating Procedure (SOP) 50 10 7.1 from the SBA, any EIDL approvals over $25,000 come with a lien on your business assets. This applies to both loans and advances received through the COVID-19 EIDL program.