What Can You Spend A Disaster Loan On?
Channel: Ella Rivkin | Financial Freedom
Date: 10/06/2020

👏If you are one of those business owners who were lucky enough to receive a disaster loan, and are now thinking what can or should you spend this money on.
☝️My suggestion is to open up a second bank account and deposit these funds there, the main reason is that there are certain rules and regulations provided by the SBA that you must follow, for example how you disperse the money. 
📃Make sure to keep a record of all the money spend throughout the 3 years from the money you receive the funds. 
👉 If purchasing products, make sure that it is an American made product.
❌You cannot relocate, unless you provide written request and have authorization, this will not be allowed. 

❤️ Like and share this video if you find it of value to yourself and others, let us know in the comments below.
 💪 Stay strong. Stay healthy. Stay informed. 
📞 Call our office if you have any questions 347.462.2778

Remember “It’s All In Your Hands”

Subscribe to my channel to get simple but powerful tips on money, health and happiness.

Check out my Social Media Accounts to get more tips in short videos and in writing!
Instagram: @ellarivkin
Twitter: @ella_rivkin
Facebook: Ella Rivkin