If you’re still needing a little financial assistance with your float center, grab your notebook because class is IN SESSION! Professor Gloria is bringing all the latest about the most recent expansion of the EIDL program, hot off the presses. She breaks down the details about how you can get additional funds or an extra year without making payments on your existing loan (for a total up to 24 months), but why you might not want to do that if you can avoid it (hello, interest accrual).
You’ll hear a detailed list of how you can and can’t use the funds, how to ensure you’re keeping good records, and some crazy rules, like using the funds for lump sum payments versus monthly payments.
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