Is anywhere still offering low interest (3.5%) COVID personal loans?

1. Take out a loan
2. Invest it in AMC
3. Profit

I am not a financial advisor.

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I'll bite. What has been your situation change to where you need a short term solution? What is going to change to get you out of this situation?

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Kid #2 born the same month my job company decided to do away with my position and gave me a severance. I make 10% less than I did (but I am happier and have more free time with family)

Kid #1 will be out of day care in 1.5 years.

When my job was lost, my wife and I spent a full day budgeting and cutting unnecessary expenses and wants vs needs. We make a monthly food calendar and grocery shop in bulk. We reevaluate our budget every quarter or so.

At this point I feel the only other option is to reduce our retirement contributions or take out a loan

not sure if you've considered other childcare options or if that's even a possibility where you live but church daycares tend to cost less than regular daycare centers. Also, once you have more than one child, a nanny or au pair becomes more financially feasible. Once we had our second, it cost the same to have a nanny come to the house every day as to have them in daycare, but there was a significant time savings in not having to get them up and ready then transport to the daycare. With the third child, it was much cheaper to go the nanny route. Also, the daycare wouldn't allow drop offs for sick children but a nanny will (usually) still care for your sick child while you work.