Before you apply for the two non-repayable loans, you must first apply for the EIDL loan that is repayable with a 3.75% rating for businesses and 2.75 for non-profits. You don’t need to be approved or even accept the loan to apply for the non-repayable loans. Watch the video below of the steps to take to apply for the EIDL Targeted advance loan and the EIDL supplemental targeted grant and receive up to $15,000.
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