Question

Community Groupsba loans under 350K

Asked a question 10 months ago

Hi Ami - Can a small business of only ONE employee/owner with no assets (and minimal credit card debt) apply for an SBA loan? or a disaster relief loan? (S-corp, consulting practice, in business for 2 years) Thanks for your answer.

Where am I?

In Multifunding SBA CoronaVirus Support you can ask and answer questions and share your experience with others!

Answered 10 months ago

Yes - there is no reason you should not be able to apply for either / or.

Can I apply for a disaster loan for my consulting and seminar business that I started a few months ago?

For the SBA Disaster loan, what business credit score is required and what debt to income ration is required to qualify?

What is the difference between a disaster SBA Loan and a regular SBA under $350k?

Do we have a grasp on the size of these SBA disaster relief loans?

Will putting in an app for the SBA Express LOC hurt my chances of getting the Disaster Loan (and vice versa)?

SBA Loans for the Hospitality Industry...we own a company that services the hospitality industry nation wide. We have ... the SBA disaster loans process?