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Updated over 4 years ago, 06/06/2020
SBA Loan-EIDL: working capital
I recently received my SBA relief loan, and was reading through the terms. The loan is to be used for working capital, and i have some questions as to how far the use could really reach. Does anybody know if the loan, intended for working capital, be included to do a remodel/update of a property? In other words, could a property upgrade be included as working capital needs and such? Appreciate any and all input, thank you in advance.
Jarrod M.