Author Topic: SBA PPP and EIDL Small Business Loans (some money is forgivable) (Read 567652 times)

cgr · « **Reply #4980 on:** May 22, 2024, 10:50:35 PM »

Quote from: ExGingi on May 22, 2024, 08:56:34 PM

Some things are almost automatic on SBA borrower portal. Reducing my minimum monthly payment to 10% of regular payment for 6 months at the low interest rate of the EIDL loan is a no brainer.

You can extend that 6 month reduction several times if needed.

Yef · « **Reply #4981 on:** May 30, 2024, 11:41:37 AM »

Quote from: ExGingi on May 22, 2024, 08:56:34 PM

Some things are almost automatic on SBA borrower portal. Reducing my minimum monthly payment to 10% of regular payment for 6 months at the low interest rate of the EIDL loan is a no brainer.

Is this even for loans above 200k?

cgr · « **Reply #4982 on:** May 30, 2024, 11:42:28 AM »

Quote from: Yef on May 30, 2024, 11:41:37 AM

Is this even for loans above 200k?

Yes but the application process is more complicated.

Yef · « **Reply #4983 on:** May 30, 2024, 11:55:38 AM »

Do I have to show hardship

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Author Topic: SBA PPP and EIDL Small Business Loans (some money is forgivable) (Read 567652 times)

cgr

Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)

Yef

Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)

cgr

Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)

Yef

Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)