up to 6 months of operating expenses $2 million 3.75% 2.75%
Post on 22-Oct-2021
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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
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 , & corporations• small agriculture coops and aquaculture• private non- profits
• all for-profit businesses• private non-profits• faith-based organizations• agricultural businesses
*see SBA Interim Final Rule for eligibility requirements
no payments for first
6 m onthsno 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 Administration last updated 04/ 14/ 2020
0% ifso
regliigv
iebnlee
sfsor
excludingup to $ 10 k advance grant
SBA APPROVED LENDER SBA.GOV/DISASTER
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