Client Win: 1 Mil SBA EIDL Loan - Palma Financial Services

Tax Planning near me allowed for a big win this week: Approval of an SBA EIDL Loan of $1,444,100 for Our Client! 

EIDL Increased Loan Limits

Our Clients Are Getting Approved for the EIDL Increased Loan Limits of $2,000,000.00!

The SBA EIDL Program is ending SOON!

The SBA will continue to accept EIDL loan applications through December 2021, pending the availability of funds.

It’s a great working capital product for small businesses!

Your business can potentially qualify for an EIDL loan of up to $2 Million, no prepayment penalty, a 3.75% interest rate for 30 years, monthly payments, and deferred payments for the first 18 months.

If you haven’t applied for it, you should. If you’ve declined it, then you should consider reapplying. Have questions? We can help you understand the process.

Is Your Business Eligible? See Below:

  1. A personal credit score of 570 or higher is necessary.
  2. Sole Prop, Corporation, LLC, Contractors or 1099s
  3. MUST have filed a 2019 Tax Return.

I’m happy to answer any questions you may have and determine if your business qualifies for this outstanding small business loan!

Do you think you qualify? Let’s talk!