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Part 2 of 3 STUDENT RESEARCH GRANT APPLICATION  Form

Part 2 of 3 STUDENT RESEARCH GRANT APPLICATION Form

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so now we're gonna move on to the idle is what everyone's calling it the economic injury disaster loan and emergency advance now everybody got really excited I don't know about you but I was there at midnight click it in in for that $10,000 free advance for my business that was gonna be there in 72 hours well the SBA is very quickly come back and said oh all the part we are so sorry that is not what we are able to do we are willing to advance you up to that lovely up to $10,000 to every business they factor that based on the numbers of employees that you have they will not tell us what their formula is but most small businesses are not being that $10,000 advance in fact I've yet to hear one business that's actually gotten the advance but I have heard of several that have gotten the loans so what they're telling us now is once we've applied a loan officer will reach out to you and discuss your options for small businesses it's a 3.75 percent fixed interest rate which is pretty phenomena

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