Govt. Loan for small businesses

Discussion in 'Business, Investing & Finance' started by daytonacane, Jul 10, 2020.

  1. daytonacane

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    A number of months ago my grandson who owns a landscaping company & has 3 employees applied for a low-interest govt. loan. He just received an email today accepting his application of a loan up to $10,000. @ 3% interest and 30 years to pay off. Anyone else applied; if so, have you heard back?
     
  2. Pablos Tunnel

    Pablos Tunnel Well-Known Member
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    If he received the email to set up his online portal, all he needs to do is accept an amount and add his banking info and he will get a deposit in 2-3 days.
     
  3. daytonacane

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    Thanks for the info.
     
  4. FireFoley

    FireFoley Senior Member
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    10K at 3% for 30 years? What does that work out P+I about 35 or 40 bux a month? Where do I sign up?
     

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