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Updated almost 5 years ago on . Most recent reply

Kirk R.'s profile image
Kirk R.'s profile image
Kirk R.
  • from Peoria, Illinois
  • Member since May 29, 2013
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Kirk R.'s profile image
Kirk R.'s profile image
Kirk R.
  • from Peoria, Illinois
  • Member since May 29, 2013
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Kirk R.
  • Peoria, IL
383
Votes |
967
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Private Lending & Conventional Mortgage Advice

EIDL loan $1,400. way to legitimately take money?

Kirk R.
  • Peoria, IL
Posted

About April 2nd I put in for EIDL loan.  

Yesterday I got approved for $1,400.

Apri 2nd I thought some of my renters wouldn't make rent.  all of them did. 

So obviously I want the $1,400 which I think is forgivable.

Anyway to take money legitimately?

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Account Closed's profile image
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Account Closed
  • Investor
  • from Columbus, OH
  • Member since Mar 13, 2017
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Account Closed
  • Investor
  • from Columbus, OH
  • Member since Mar 13, 2017
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Account Closed
  • Investor
  • Columbus, OH
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Account Closed
  • Investor
  • Columbus, OH
Replied
We arent out of the water yet, who knows what June, July etc brings. I accepted a much larger EIDL loan with the assumption I was facing a bunch of nonpayments. Got everyone back on track now and the money is just hanging out, waiting for any further economic calamities. 
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