EIDL loan approved now what? Have you wondered what the SBA classifies as "Working Capital?" In this video I discuss uses of the EIDL loan and what is considered working capital. I discuss how I utilized and accounted for the money that I received.
0:00 Intro
1:06 Loan proceeds definition.
1:37 Formula for working capital
3:17 How I used my money
6:42 Other examples of uses
🔔 Subscribe Here: [ Ссылка ]
✅ EIDL Process [ Ссылка ]
✅ EIDL Timeline [ Ссылка ]
✅ EIDL Uses [ Ссылка ]
✅ How to pay EIDL back [ Ссылка ]
✅ Loan Agreement [ Ссылка ]
✅ Collateral requirements [ Ссылка ]
💰 Free stock Robinhood: [ Ссылка ]
🔢 Free Amortization Schedule [ Ссылка ]
🔢 My Spreadsheet for tracking: [ Ссылка ]
*This video is for educational purposes only, always consult your attorney or accountant for specific advice when borrowing money or signing any contracts. This channel represents only my opinions and not any of my past, present, or future employers.
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