My S-Corp received an EIDL Covid relief loan from the SBA early in the pandemic. Although payments on the loan were deferred until December of 2022, interest has accrued and been added to loan balance. I have two questions. First, are the initial payments I make applied 100% towards the accumulated interest until that has been paid off? Or will the payment be divided between principal and interest? Second question: will I receive a 1099-int statement for year-end 2022?