EIDL Grant Update - $10,000 Grant Update See how large of a forgivable loan you are eligible for! Download the PPP Calculator here:
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What is the $10,000 EIDL SBA Grant
-An up to $10,000 grant provided by the SBA
-Acts as an advance towards a larger loan program
-Larger loan program attached to advance grant program
YouTube user Ki Kim had his SBA loan processed an a loan offer sent to him.
If you filed for the EIDL grant through the SBA you can expect an email soon regarding making an account for your loan. After making the SBA account you will see your loan offer and terms. If you have good credit chances are you will initially be offered a loan of $15,000 at a 3.75% interest rate and a 30 year term. NOTE: this is not the same as the EIDL advance. This is a loan that needs to be paid back. This loan is a quick cash infusion and one step closer to us receiving our EIDL grant money.
After verifying your identity and choosing your loan amount you will submit the loan for processing and expect to receive documents within a week after completion.
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Disclaimer
This presentation does not constitute legal or tax advice. It is provided solely for informational and educational
purposes and does not fully address the complexity of the issues or all the steps businesses must take under
applicable laws. You should consult your professional advisers regarding your individual situation. Max Maher
undertakes no obligation to update the information in this presentation, and no representations are made that
the content is error-free.
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