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Updated over 4 years ago on . Most recent reply

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31
Posts
1
Votes
Lisa Forde
1
Votes |
31
Posts

SBA loan got aproved 15k, I have two question

Lisa Forde
Posted

Hi all, I just got aproved for 15k of SBA Loan, however I have two quick question

1) I saw people mention first 12 month interest free. Don’t see that anywhere on my portal. It say 3.75% interest , repayment started after month 12. But did not say first 12 month interest free tho.

2) I also saw people mention we can keep first 10k. But on my page I did not see mention I got to keep first 10k either.

Thanks

Most Popular Reply

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854
Posts
506
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Soh Tanaka
  • Property Manager
  • Lindenhurst, IL
506
Votes |
854
Posts
Soh Tanaka
  • Property Manager
  • Lindenhurst, IL
Replied

I got approved also, and it was tempting to get the cheap loan that I want but don't need, I decided not to get it. If I get the loan, there will be less money for someone who really needs it. 

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