Locnar
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SBA offered instant 3% loans during COVID. Literally all I had to do was drag a bar from $0 - $150,000 and I got free money in my account in two days.
A week ago the SBA sent out another email saying that they’ve increased loan amounts to $500,000 and that anyone who got one before could reapply. Any loan under $200,000 doesn’t even need collateral or guarantors. Loans above $200,000 just need guarantors, but still don’t require collateral. Loans above $500,000 require collateral, lol.
So, what do I do? I drag the little scroll bar up to the top again. I guess I’ll hear back within a few days on whether we got approved or not. But, given the volume of loans they’re giving out I doubt they’re doing any due diligence.
Clown world for sure. There are going to be so many bankruptcies over the next decade.
In other news the USFS approved a pilot of our system and will prob be launching in the coming months, so I’m not worried about taking on debt.
I got the same email on April 16th but so far have ignored it. Ill look into it now.