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Tax, SDIRAs & Cost Segregation

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Jarrod Murrell
  • Rental Property Investor
  • Rochester, MI
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9
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SBA Loan-EIDL: working capital

Jarrod Murrell
  • Rental Property Investor
  • Rochester, MI
Posted May 21 2020, 10:16

I recently received my SBA relief loan, and was reading through the terms. The loan is to be used for working capital, and i have some questions as to how far the use could really reach. Does anybody know if the loan, intended for working capital, be included to do a remodel/update of a property? In other words, could a property upgrade be included as working capital needs and such? Appreciate any and all input, thank you in advance.

Jarrod M.

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