Accounting & BookkeepingAccount Reconciliation / Discrepancy Resolution3MediumBookkeeper$ implied

A business owner cannot properly reconcile their COVID EIDL loan because the SBA fails to provide monthly statements or sufficient detail in payment history.

SBA payment history lacks allocation details between principal, interest, and fees, and online portal statements are missing since March.

Opp. Score

Severity

3Medium

Willingness to Pay

implied

Added

Aug 25, 2026

Workarounds Described

Requested monthly statements from SBA but were told some or all statements unavailable
Received payment history instead, but it lacks principal/interest allocation
Online portal hasn't supplied a statement since March

Implied Software Gaps

A tool to import SBA payment history and auto-allocate between principal and interest
A loan reconciliation module that generates missing statements from payment data

App Concept

EIDL ReconcilePro

EIDL ReconcilePro is a web app that imports SBA payment history from EIDL loan accounts and automatically reconstructs loan amortization. It helps accountants and bookkeepers allocate payments correctly, track accrued interest, and produce reconciliation reports even when official statements are missing.

Key Features

Imports SBA payment history CSV or captures screenshots and extracts data with OCR
Reconstructs loan amortization schedule based on loan terms and payment dates
Flags discrepancies and suggests principal/interest allocation entries
Generates monthly statement reports for import into accounting software

Target Users: Bookkeepers and accountants managing small business finances with COVID EIDL loans

Revenue Model: $29/mo SaaS subscription per user, with a free tier supporting one loan

Part of App Idea

InterCo Match & Block

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