vharrison
Island Girl
This is an interesting loan. Under some circumstances, the loan can be forgiven. I encourage you to research the details yourself and see if it is a good fit for your business.
The loan is called:
COVID-19 Economic Injury Disaster Loan
You apply on line with the SBA, not through a bank. The money comes from the US Treasury.
There are strict guide lines that must be followed in order for it to be forgiven, you will see those details when you do the research.
Providing proper credit, up to $ 25,000.00 will not require collateral.
The loan is called:
COVID-19 Economic Injury Disaster Loan
You apply on line with the SBA, not through a bank. The money comes from the US Treasury.
There are strict guide lines that must be followed in order for it to be forgiven, you will see those details when you do the research.
Providing proper credit, up to $ 25,000.00 will not require collateral.