up to 6 months of operating expenses $2 million 3.75%...
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100% up to with approval up to 6 months of operating expenses not to exceed $2 million 3.75% 2.75% small businesses non-profits 0% is eligible for forgiveness of loan working capital average monthly payroll for the prior 12 months 2.5X payroll and approved operating expenses no collateral on loans u/ $25k SBA will take best lien available (excluding real estate) on loans o/ $25k no collateral required sole proprietors, LLC's, & corporations small agriculture coops and aquaculture private non-profits all for-profits private non-profits no payments for first 6 months no payments for first 12 months on unforgiven portion -year fixed note 2 -year fixed note 30 1% partially funded by the U.S. Small Business Administration last updated 04/ 06/ 2020 up to $10k advance grant
Transcript of up to 6 months of operating expenses $2 million 3.75%...
100%up to with approval
up to 6 months of operating expensesnot to exceed $2 m illion
3.75% 2.75%small businesses non- profits
0% is eligible forforgiveness of loan
working capital
average monthlypayroll for the prior12 months
2.5X
payroll and approved operating expenses
no collateral on loans u/ $ 25kS B A will take best lien available
(excluding real estate) on loans o/ $ 25kno collateral required
sole proprietors , L L C 's , & corporationssmall agriculture coops and aquacultureprivate non- profits
all for- profitsprivate non- profits
no payments for first
6 m onths
no payments for first
12 m onths
on unforgiven portion
- year fixed note2 - year fixed note301%
partially funded by the U .S . S mall B usiness Administrationlast updated 04/ 06/ 2020
up to $ 10k advance grant
