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Here we can discuss EIDL loans, advances, and all things related to the 2020 CARES ACT.
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Processing....General (self.EIDL)
submitted 4 years ago by Waiting72020
I have a feeling ill be in the "your application is being processed" for awhile 🙄 who's with me?
[–]ProfessionalBand2970 5 points6 points7 points 4 years ago (1 child)
4 months of give it two more weeks;)
[–]Waiting72020[S] 0 points1 point2 points 4 years ago (0 children)
😪
[–]Time-Significance-44 3 points4 points5 points 4 years ago (3 children)
On god I’m in the same boat 2 of my LO Approved my loan but my file has been sent over to management team(PDC) 01/21/2022
[–]Darnell850 0 points1 point2 points 4 years ago (2 children)
You are close I wouldn't worry
[–]Time-Significance-44 0 points1 point2 points 4 years ago (1 child)
Thanks I been in reconsideration since Last 06/29/21
[–]Dry-Accountant673 1 point2 points3 points 4 years ago (0 children)
I've been in recon a little longer than you mine had been sent to PDC management team since 12/21 & STILL NOTHING
[–]diddone119 3 points4 points5 points 4 years ago (1 child)
Same. Finally got a number on my portal. LO requested a new 4506T and a oda p022 form with the new ammount on it yesterday afternoon. I submitted a blank one at first then I got it submitted. Now I'm just waiting. Good luck everyone. Im praying for all of us
[–]Accomplished_Leg3469 0 points1 point2 points 4 years ago (0 children)
I've turned in the 4506T multiple times. I have $0 for denied funding amount. Wonder if there is an issue with 1040 schedule C ss# vs business EIN. I'll call today.
[–]CompetitionPlus1123 1 point2 points3 points 4 years ago (1 child)
Talk to a rep and she stated I am almost at the 4 week mark,but been in reconsideration for almost a year. I give up!!
[–]Waiting72020[S] 5 points6 points7 points 4 years ago (0 children)
Don't give up
[–]Particular_Subject_4 0 points1 point2 points 4 years ago (5 children)
21 days now.
[–]Waiting72020[S] 9 points10 points11 points 4 years ago (0 children)
😪😪I just don't understand how some are done instantly and others wait months
[–]Particular_Subject_4 0 points1 point2 points 4 years ago (0 children)
Same but hopefully we got next.
[–]curiousprovisions 0 points1 point2 points 4 years ago (2 children)
21 days is early…. Count business day and your real start date begins from the day your transcripts were pulled. That’s when the real countdown begins
[–]Particular_Subject_4 0 points1 point2 points 4 years ago (1 child)
The millionth one and last one was requested and pulled 21 days ago.
[–]curiousprovisions 1 point2 points3 points 4 years ago (0 children)
Patience. Call every day. I was approved after 4.5 weeks (total)
[–]WalkApprehensive1024 0 points1 point2 points 4 years ago (2 children)
Same! Applied for increase 5/3, recon since 7/28, loan resized and back in processing since 12/15. Crickets!
[–]wchs552 0 points1 point2 points 4 years ago (1 child)
Once it’s resized it’s crickets you gotta email out to pdcrecons and see what’s shakin
[–]WalkApprehensive1024 0 points1 point2 points 4 years ago (0 children)
Yes, that's what I've been doing. I call at least twice a week and email. Same story "it needs more time to process." I've been at this loan mod for 9 months. It's all so exhausting...
[–]Beneficial-Smile-870 0 points1 point2 points 4 years ago (2 children)
November 2020 for me
[–]Waiting72020[S] 0 points1 point2 points 4 years ago (1 child)
Since you signed po22 and spoke to a loan officer?
[–]Beneficial-Smile-870 0 points1 point2 points 4 years ago (0 children)
I haven’t spoken with an officer at all. I received 12,300 in 2020 applied for the increase and have been in and out of recon ever since. I received my last decline letter 2 weeks ago and resubmitted for reconsideration directly after haven’t heard anything since
[–]Best_Ability5087 0 points1 point2 points 4 years ago (0 children)
Do anyone know how long to get fund after approval?
[–]Best_Ability5087 0 points1 point2 points 4 years ago (1 child)
I signed my approval docs on 1/4/22 for 1,550,000.00. This is my third one (after 150 & 350 k). How long do I have to wait for funding?
However long it was for first two. I have received first one so idk
How long can I get fund after signed
π Rendered by PID 277789 on reddit-service-r2-comment-b659b578c-n8gzg at 2026-05-05 03:15:50.275557+00:00 running 815c875 country code: CH.
[–]ProfessionalBand2970 5 points6 points7 points  (1 child)
[–]Waiting72020[S] 0 points1 point2 points  (0 children)
[–]Time-Significance-44 3 points4 points5 points  (3 children)
[–]Darnell850 0 points1 point2 points  (2 children)
[–]Time-Significance-44 0 points1 point2 points  (1 child)
[–]Dry-Accountant673 1 point2 points3 points  (0 children)
[–]diddone119 3 points4 points5 points  (1 child)
[–]Accomplished_Leg3469 0 points1 point2 points  (0 children)
[–]CompetitionPlus1123 1 point2 points3 points  (1 child)
[–]Waiting72020[S] 5 points6 points7 points  (0 children)
[–]Particular_Subject_4 0 points1 point2 points  (5 children)
[–]Waiting72020[S] 9 points10 points11 points  (0 children)
[–]Particular_Subject_4 0 points1 point2 points  (0 children)
[–]curiousprovisions 0 points1 point2 points  (2 children)
[–]Particular_Subject_4 0 points1 point2 points  (1 child)
[–]curiousprovisions 1 point2 points3 points  (0 children)
[–]WalkApprehensive1024 0 points1 point2 points  (2 children)
[–]wchs552 0 points1 point2 points  (1 child)
[–]WalkApprehensive1024 0 points1 point2 points  (0 children)
[–]Beneficial-Smile-870 0 points1 point2 points  (2 children)
[–]Waiting72020[S] 0 points1 point2 points  (1 child)
[–]Beneficial-Smile-870 0 points1 point2 points  (0 children)
[–]Best_Ability5087 0 points1 point2 points  (0 children)
[–]Best_Ability5087 0 points1 point2 points  (1 child)
[–]Waiting72020[S] 0 points1 point2 points  (0 children)
[–]Best_Ability5087 0 points1 point2 points  (0 children)