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/biz/ - Business & Finance

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19757324 No.19757324 [Reply] [Original]

Anyone here sign up for the SBA Disaster Loan? I'm a independent contractor (do some small UI/webdesign contracts on the side) and applied for the SBA Disaster Loan as soon as I could.

>if you don't know what that is
https://www.sba.gov/page/disaster-loan-applications

anyway. I got approved for a 30y loan for ~10,000 with 3.75%. or for all the mindless crypto hogs in here (~$50 a month for the next 30 years)

My question is: what is the best investment I can make with this capital. Seems like the stock market has partially recovered from the 'rona scare dip.

>> No.19757508

>>19757324
Just got approved for the same it also offers first year with zero payment
May as well take it as inflation is way higher than that rate

>> No.19758246
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19758246

>>19757508
No prepayment penalties as well.

>making money off other peoples money.

>> No.19758530

>>19757324
put it all on SOXL.

>> No.19759737

>>19758530
good idea. i'm putting it in now.