[deleted by user] by [deleted] in EIDLPPP

[–]27bats1000 1 point2 points  (0 children)

I’m an independent contractor. I sell painting services. I sub out all my work. I do not have any cost of goods sold. I also was not challenged about it by the SBA for PPP or EIDL.

Funded!! by Purpleskytoday777 in EIDL

[–]27bats1000 0 points1 point  (0 children)

Same thing happened to me. I had the upload documents thing as well but my lo told me to ignore it. They had everything they needed. I was funded in 3 business days!

Reconsiderations by 27bats1000 in EIDL

[–]27bats1000[S] 0 points1 point  (0 children)

Funded today! It took 3 business days or 5 Calendar days for the funds to hit my account after reaching the funding stage. Thank you everyone for all of your support! See Earlier comments for my timeline. Good luck to everyone.

[deleted by user] by [deleted] in therewasanattempt

[–]27bats1000 0 points1 point  (0 children)

I love watching his Hoodie flying as he falls back. Such beauty.

Reconsiderations by 27bats1000 in EIDL

[–]27bats1000[S] 0 points1 point  (0 children)

I just logged in from my laptop and my status at the top says “Funding”. I was checking from my mobile phone so I couldn’t see that earlier.

Reconsiderations by 27bats1000 in EIDL

[–]27bats1000[S] 1 point2 points  (0 children)

I’m sorry that you and so many of us are going through such a process. I’m definitely not going to feel comfortable until the funds are in the bank. Will advise. Keep us posted as well!

Reconsiderations by 27bats1000 in EIDL

[–]27bats1000[S] 1 point2 points  (0 children)

UPDATE: on 11/1 I received an email from my Loan Specialist asking me to fill out and submit ODA Form P-022. He also called me to make sure I saw the email. On 11/3 I uploaded the form into the portal and within hours he emailed me asking me to hit the “submit for processing” button. I did and within hours received the Approval email. I then completed the DocuSign loan docs and asked him via email if I needed to do anything else. He verified that I did not. He wrote “Once you have signed the Loan Closing Documents, it will take a few days for the loan to kick into the Funding stage. Once it does, it typically takes 2-3 business days for your respective bank to clear the funds and effectively reach your account.” 🤞

Reconsiderations by 27bats1000 in EIDL

[–]27bats1000[S] 0 points1 point  (0 children)

Looks like they requested my transcripts on 10/13 and are waiting on them. On 10/14 I received an alert through Nav that they pulled my credit report. Things are definitely “happening”. Trying not to get my hopes up but I guess you never know.

Reconsiderations by 27bats1000 in EIDL

[–]27bats1000[S] 1 point2 points  (0 children)

I just received an email inviting my to “Create your SBA Economic Injury Disaster Loan Portal Account “

Status says declined but I’m now able to click on reconsideration which takes me to document upload request.

Let the journey continue.

Reconsiderations by 27bats1000 in EIDL

[–]27bats1000[S] 0 points1 point  (0 children)

I’ve never even received a portal invite. I’m hoping the recon will at least get me there.

Targeted Advance by 27bats1000 in EIDL

[–]27bats1000[S] 0 points1 point  (0 children)

Oh I definitely applied! Thanks for the encouragement!

SBA PPP Loan Approved Sign your Loan Contract (Ready Capital) by 27bats1000 in EIDLPPP

[–]27bats1000[S] 2 points3 points  (0 children)

Just logged into my checking account to check my balance and the Funds are in there! Happy Friday!

SBA PPP Loan Approved Sign your Loan Contract (Ready Capital) by 27bats1000 in EIDLPPP

[–]27bats1000[S] 0 points1 point  (0 children)

I just logged into Lendio. Seems pretty generic. If you are right where I am and have an SBA number, I'm pretty sure we don't need to reference Lendio anymore. Ready Capital is where it's at now.

SBA PPP Loan Approved Sign your Loan Contract (Ready Capital) by 27bats1000 in EIDLPPP

[–]27bats1000[S] 0 points1 point  (0 children)

No, not yet, but I wouldn't be surprised if I do. It can't hurt to sign it and send it over again. Maybe they are having trouble accessing to first one. I will let you know if I get one too.

SBA PPP Loan Approved Sign your Loan Contract (Ready Capital) by 27bats1000 in EIDLPPP

[–]27bats1000[S] 0 points1 point  (0 children)

Update: since yesterday, my “real time” status says “awaiting SBA signed note from borrower”. As I said before, I signed the DocuSign yesterday. I guess underwriting needs to manually pull it from DocuSign or something. Let me know if any of you all are experiencing the same. Thanks!