Covid Relief Loans For Individuals. If you qualify, you could get one loan monthly for up to three months. Payment extensions revenue will provide payment extensions, upon request, to businesses in the industries directly impacted by these new restrictions.
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For example, on a $500 loan paid monthly over 9 months, a person will pay $81.15 per month for a total of $730.35 over the course of the entire loan period. Qualifications for relief the law defines a qualifying person as someone who: Unlike the ppp, the repayment term for a main street loan is four years and the loan can’t be forgiven.
We offer multiple funding options for those seeking relief.
Grants can be used to cover costs such as rent and utilities, worker payroll. Payment extensions revenue will provide payment extensions, upon request, to businesses in the industries directly impacted by these new restrictions. Annie millerbernd august 20, 2020 Aprs range from 2.99% to 46.96% and will depend on our partner's assessment of your credit profile.
