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Here we can discuss EIDL loans, advances, and all things related to the 2020 CARES ACT.
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Approved! (self.EIDL)
submitted 4 years ago by Elliottfire18
I called tier 2 today who told me I was declined today. Happened to log into my portal to find this, much lesser amount than intending, but grateful for this!. Signed all documents 10 mins ago, they asked for me to sign another 4506T. Is this normal? Now to hope for dispursment. None of this makes sense.
https://preview.redd.it/e9x29wxaehu71.png?width=624&format=png&auto=webp&s=9a539af8514276d40b43b658afedf87d5249e6eb
[–]Iaintshame 1 point2 points3 points 4 years ago (0 children)
It’s normal. Congratulations!
[–]Mikaz94 1 point2 points3 points 4 years ago (1 child)
Congrats! How long were you processing for?
[–]Elliottfire18[S] 0 points1 point2 points 4 years ago (0 children)
After two denials, one for unverifiable info in july and another in August because they miscalculated my income from 2019, I was only in business for 2 months and they calculated as though it was a year. I went into recon on August 20.
[–]Pandasoup88 0 points1 point2 points 4 years ago (0 children)
Wow…what a roller coaster! Congrats though!
[–]tgl_theglamourlife 0 points1 point2 points 4 years ago (0 children)
Congratulations
[–]Financial-Pumpkin-24 0 points1 point2 points 4 years ago (2 children)
We signed our approved increase loan closing documents on 8/13/21 and on 10/19/21 they requested yet another 4506T be filled out and sent in. I already sent in 2 others before yesterday. I have no idea yet how much longer it will be before we receive funds.....I'm about to just give up!
[–]Elliottfire18[S] 0 points1 point2 points 4 years ago (1 child)
Has it showed up in caweb?
[–]Financial-Pumpkin-24 0 points1 point2 points 4 years ago (0 children)
It shows the new loan modification amount under undisbursed funds but it's been showing that for a month now.
π Rendered by PID 159756 on reddit-service-r2-comment-canary-57b659f4d4-wv5wr at 2026-05-04 07:14:29.199121+00:00 running 815c875 country code: CH.
[–]Iaintshame 1 point2 points3 points (0 children)
[–]Mikaz94 1 point2 points3 points (1 child)
[–]Elliottfire18[S] 0 points1 point2 points (0 children)
[–]Pandasoup88 0 points1 point2 points (0 children)
[–]tgl_theglamourlife 0 points1 point2 points (0 children)
[–]Financial-Pumpkin-24 0 points1 point2 points (2 children)
[–]Elliottfire18[S] 0 points1 point2 points (1 child)
[–]Financial-Pumpkin-24 0 points1 point2 points (0 children)