Quote:
Originally Posted by saeyedoc
Quote:
Originally Posted by Spgm5
If 75%is not used for payroll than it becomes a 10 year loan at 4% interest
|
I was told it's only two years at 1%. I think EIDL is higher interest, longer term.
|
EIDL is fixed at 3.75 with up to 30 year term depending on revenue