Q&A: The Nuts and Bolts of the Paycheck Protection Program

Written by Florida Condotel Mortrgage on July 7, 2020. Posted in Florida Condotel Mortgage.

Small businesses can still get help using a PPP loan if they apply before Aug. 8 – but more now wonder if it’s a good idea. In some cases it is; in some cases it’s not. Every small business is unique, and PPP’s benefits and rules must be compared to a specific business’ needs. #floridacondotels #floridacondotelmortgage #floridacondotelfinancing

#floridacondotels #floridacondotelmortgage #floridacondotelfinancing

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Rates posted assumes 25% down payment, and an ARM rate first mortgage on a Florida condotel, primary residence. Additional required amounts such as taxes, insurance, home owner association dues, assessments, flood insurance or other such required payments should also be considered. Not all individuals will qualify for a mortgage loan. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. **Posted APR is based on Mortgage Assumptions.

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