Random Jabber Jibber thread

Metasynth

Well-Known Member
Uh...if you are self employed or a gig worker, you can get a free thousand bucks from the government by applying for an SBA loan. If you apply, and they find you eligible for the program, they will automatically transfer $1000 into the bank account you provide them.

You DO NOT have to accept the loan, and the $1000 they automatically transfer is an "advance" that becomes a grant. The government originally set aside $10 billion for grants, and when that was exhausted, they allocated an additional $10 billion, and as of a week ago, only $14 billion was claimed all together, meaning there is about $6 billion worth of grant money out there to be claimed.

If you DO choose to accept the loan, its a 30 year monthly payback at 3.75 APR. So for instance, I can take a $1300 loan, and pay it back $7 a month, starting 2021, for thirty years. LOL... But you can deny the loan, and will still receive the $1000 grant as long as you were eligible for the program.


If you're interested, there's more info in this article, and they also sort of walk you through how to complete the application as a gig worker/independent contractor



And here's the application for the Covid relief fund SBA Loan

 
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