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Updated over 4 years ago, 06/06/2020

User Stats

9
Posts
2
Votes
Jarrod Murrell
  • Rental Property Investor
  • Rochester, MI
2
Votes |
9
Posts

SBA Loan-EIDL: working capital

Jarrod Murrell
  • Rental Property Investor
  • Rochester, MI
Posted

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.

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