Applications For Contractor & Freelancer PPP Loans Begin On Friday: Here’s What The Self-Employed Should Know

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The PPP loans are topped at a 4% interest rate (however will begin extensively with a half-percent interest rate) and have a 10-year loan term with no prepayment charge, and a 6-month payment deferral. As an independent specialist or freelancer, you will require to collect the needed documents needed to get your loan moving. Hyperlinks to use for PPP Loans are readily available on their site.

The PPP loans are topped at a 4% interest rate (however will start commonly with a half-percent interest rate) and have a 10-year loan term with no prepayment charge, and a 6-month payment deferral. As an independent specialist or freelancer, you will require to collect the essential paperwork required to get your loan moving. The loan needs your returns for processing and calculating your loan amount. As a next resource, examine out the SBA Preferred Lending Partners. Hyperlinks to apply for PPP Loans are readily available on their website.

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