Did anyone apply for that 10K grant under the SBA Economic Injury Disaster Loan program??

[cashwhisperer]

From Facebook:

"If not - do it NOW! It’s literally free money for Rideshare drivers, Gig workers, Independent contractors , Etc. I just applied and spoke to a rep. She said at this point they are denying almost ZERO apps. The process takes 5 minutes. You don’t have to submit any paperwork. They deposit the money into your checking account within a week. You need to submit your gross income from February 2019 to end of January 2020 and do a separate app for each business you are claiming. **FYI** The Feds only allotted 10 billion dollars to this program. So divide that by 10k, that’s only enough grants for ONE million people. And even less if people have multiple businesses. As of Tuesday, 600,000 apps had been submitted. Good luck!"

COVID-19 Economic Injury Disaster Loan | U.S. Small Business Administration

covid19relief.sba.gov

 

[gtg305h]

From Facebook:

"If not - do it NOW! It’s literally free money for Rideshare drivers, Gig workers, Independent contractors , Etc. I just applied and spoke to a rep. She said at this point they are denying almost ZERO apps. The process takes 5 minutes. You don’t have to submit any paperwork. They deposit the money into your checking account within a week. You need to submit your gross income from February 2019 to end of January 2020 and do a separate app for each business you are claiming. **FYI** The Feds only allotted 10 billion dollars to this program. So divide that by 10k, that’s only enough grants for ONE million people. And even less if people have multiple businesses. As of Tuesday, 600,000 apps had been submitted. Good luck!"

COVID-19 Economic Injury Disaster Loan | U.S. Small Business Administration

covid19relief.sba.gov

Key word “LOAN”..once the economy turns around, that shit gonna have credit card interest rates...

 

[Dr. Truth]

LOL you about to get raped. Loan means you need to pay it back. You think the Government is going to just give free money? No such thing

 

[cashwhisperer]

Key word “LOAN”..once the economy turns around, that shit gonna have credit card interest rates...

From what I read it's a grant.

 

[cashwhisperer]

It's a forgivable loan ie, a grant

 

[footloose]

Depends on what you use it for

 

[meilmarc]

Key word “LOAN”..once the economy turns around, that shit gonna have credit card interest rates...

LOL you about to get raped. Loan means you need to pay it back. You think the Government is going to just give free money? No such thing

First 10000 is forgiven

 

[cashwhisperer]

I would say just check into it and hurry if you're gonna apply. After 2 days they had 600,000 applicants. It won't hurt to have an extra 10 bands hit the account if you ain't gotta pay it back.

 

[ugk]

From what I read it's a grant.

It's a grant if you use it for rent and payroll, anything else you have to pay back

 

[footloose]

What’s that about homeowners in there??

 

[APOPHIS]

Yeah, I applied.
It's a forgivable loan of up to 10k with anything approved on top of that being treated like a regular loan with interest.

 

[RoomService]

props

 

[head214]

Thanks

 

[TIMEISMONEY]

Did mine 3 days ago.

 

[YoungSinister]

It's a grant if you use it for rent and payroll, anything else you have to pay back

How do you prove that it’s for rent?

 

[daTiger]

Who was the "rep" you spoke to - the bank rep?

 

[Thrill3Seeker]

From Facebook:

"If not - do it NOW! It’s literally free money for Rideshare drivers, Gig workers, Independent contractors , Etc. I just applied and spoke to a rep. She said at this point they are denying almost ZERO apps. The process takes 5 minutes. You don’t have to submit any paperwork. They deposit the money into your checking account within a week. You need to submit your gross income from February 2019 to end of January 2020 and do a separate app for each business you are claiming. **FYI** The Feds only allotted 10 billion dollars to this program. So divide that by 10k, that’s only enough grants for ONE million people. And even less if people have multiple businesses. As of Tuesday, 600,000 apps had been submitted. Good luck!"

COVID-19 Economic Injury Disaster Loan | U.S. Small Business Administration

covid19relief.sba.gov

Yes. I applied. My biz has 2 employees and that will keep them on the payroll for the next 6 mos

 

[Thrill3Seeker]

How do you prove that it’s for rent?

You have to provide a YTD P&L for the biz.

 

[YoungSinister]

You have to provide a YTD P&L for the biz.

I’m not gonna lie
I applied just to apply.
If I have to jump through any hoops I’m just gonna give that shit back

 

[Thrill3Seeker]

LOL you about to get raped. Loan means you need to pay it back. You think the Government is going to just give free money? No such thing

Of course!

It’s the Trump administration in an election year, and it involves businesses.

Knowing his corner-cuttin ass, he wiLL just have the SBA to check and see if the tax ID is valid and then send a check.

 

[YoungSinister]

It's a forgivable loan ie, a grant

Was the link provided the same form that this guy is taking about? He’s mentioning a bunch of extra shit

 

[cashwhisperer]

Was the link provided the same form that this guy is taking about? He’s mentioning a bunch of extra shit

For the first video, yes

 

[brickcityhustla]

Shiiiddd I applied for two of my businesses. Why not?

 

[MackInTraining]

I applied yesterday. http://disasterloan.sba.gov - Click the covid-19 yellow banner at top. Then fill out the information. Takes about 5 minutes. On the last page of the form, there is a checkbox for the 10K advance.



What's crazy is that there are people charging people for this information and help to apply when it's real simple to apply. Like what's been said, the money may run out, but why not give it a shot.

 

[rph2005]

nope. business still stays the same for me. the city of philadelphia was giving out grants and loans too but i took one look at the long ass application and was like, nope
the only thing they didnt ask for was a drop of blood.

 

[Deezz]

Will Motivation talks about it here as well. Time Stamped

 

[xfactor]

From what I read it's a grant.

If you comply within the parameters, which is not difficult, it is. Worst case it is a low interest loan.

I hope you get approved. Don’t listen to the idiots saying the government doesn’t give away anything free when there are trillions of examples of it happening.

 

[KINGSAPIO]

Can you still apply even if you do not have a current business BUT currently applying for one in the meantime? I'd like to bypass the obligated questions they're asking about business name, trade name, etc. URRGGHHHH lol​

 

[John Million]

yes I did yesterday.
I believe they will start the approval process tomorrow
and the 10k grant will hit your account, if approved, in 72 hours
good luck

 

[xfactor]

Can you still apply even if you do not have a current business BUT currently applying for one in the meantime? I'd like to bypass the obligated questions they're asking about business name, trade name, etc. URRGGHHHH lol​

not sure but there are other forms of government assistance for that

 

[papi68]

I just did. Thanks OP

 

[xxxbishopxxx]

Strippers, instagram hoes, cam chicks need not apply....

Applicant does not present live performances of a prurient sexual nature or derive directly or indirectly more than de minimis gross revenue through the sale of products or services, or the presentation of any depictions or displays, of a prurient sexual nature.

 

[TheBigOne]

Yeah, I applied.
It's a forgivable loan of up to 10k with anything approved on top of that being treated like a regular loan with interest.

You got those digits handy?

 

[cap213]

I just applied, not sure if I made the first 1 million but hey for free money I'll give it a shot.

 

[meilmarc]

Can you still apply even if you do not have a current business BUT currently applying for one in the meantime? I'd like to bypass the obligated questions they're asking about business name, trade name, etc. URRGGHHHH lol​

Had to be established by February 15 of this year.