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I was told , by an immigrant, that he got money for his business, home and car from the US gov't and did not have to pay back anything. Could this be true?

2006-12-08 01:42:30 · 3 answers · asked by aldavis1948 1 in Business & Finance Small Business

3 answers

There are business grants out there. There are mortgage credits to be had for low-income housing. The only way he'd have gotten a grant for his car is as part of any grant he got for a business.

It is also very possible that he was just pulling your chain. The USA does not give out much in the way of grants. Most of it is in loans - Small Business Administration springs to mind. Heck, even education hardly ever comes in the form of a grant (although Georgia springs to mind - do they still have that program that provides free tuition at a state college if you maintain a B average?)

2006-12-08 01:53:39 · answer #1 · answered by skip 6 · 0 0

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2016-10-05 01:16:23 · answer #2 · answered by wheelwright 4 · 0 0

No, because the government is granting permission to him

2006-12-08 01:47:22 · answer #3 · answered by Shivanee Kaneshwaren 1 · 0 0

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