So, your business has been negatively affected by a natural disaster. The good news is that you may be eligible for a disaster loan from the Small Business Administration (SBA). But how can you use that money? Here’s a breakdown of how you can and can’t spend SBA disaster loan funds. What Can You Spend SBA Disaster Loan On? The EIDL program is the best way to start your small business because it’s one of the least restrictive funding programs. It means you can use it for any day-to-day expenses as long as they are permissible under ...Read more
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