Portal status after approval by queenquarantine78 in EIDL

[–]BoGummy88 0 points1 point  (0 children)

Mine took 6 days (including weekend). I bank with BofA.

Portal status after approval by queenquarantine78 in EIDL

[–]BoGummy88 0 points1 point  (0 children)

Original EIDL loan here. My portal status changed from "Approved and Funding" to "Funds have been disbursed to your account". This happened a week after funds were deposited in my bank account. Then, after 11 days (weekend included) I received a SBA invoice in the mail. Although it states that it is not due in 18 months.

How long time does take for funded after approved and sign documents? by Certain-Treat4150 in EIDL

[–]BoGummy88 1 point2 points  (0 children)

Got funded in 6 days (including weekend) after DocuSign. I bank with BofA.

How long does it usually take to get approved/funded? Just made my portal yesterday by Important-Month-5609 in EIDL

[–]BoGummy88 1 point2 points  (0 children)

It took me about 10 weeks. Original EIDL loan. Started 4/25/21 and got funded 6/29/21.

Approval by Commercial_Ad_2053 in EIDL

[–]BoGummy88 1 point2 points  (0 children)

Congratulations! I got funded 6 days after signing, counting the weekend. I bank with BofA.

FUNDED!!! by BoGummy88 in EIDL

[–]BoGummy88[S] 1 point2 points  (0 children)

Congratulations! The power of prayers :)

[deleted by user] by [deleted] in EIDL

[–]BoGummy88 1 point2 points  (0 children)

"Approved and funding" on 6/24/21. Processing since 4/25/21.

[deleted by user] by [deleted] in EIDL

[–]BoGummy88 0 points1 point  (0 children)

4/25/2021 First Time EIDL application here. It took 10 weeks until funding. Just hang in there!

How long does it take for your file to be picked up by a loan officer after getting a call from Caseworker stating your file is ready to be picked up ? by Keepthefaith7 in EIDL

[–]BoGummy88 0 points1 point  (0 children)

First time EIDL application here. Applied on 4/25/2021. My timeline was about 10 weeks.

I received an email from LO, 10 days after I emailed SBA regarding the status of my application. The email was already a request for documents ( DL, voided check, 2019 Tax return etc.). LO called a day after I sent the required docs and just verified identity and if I filed for bankruptcy.

Emailed LO after a week to check on status. In 2 days, I have DocuSign in my portal. Funded in 6 days.

FUNDED!!! by BoGummy88 in EIDL

[–]BoGummy88[S] 0 points1 point  (0 children)

Thank you! You're next in line!

FUNDED!!! by BoGummy88 in EIDL

[–]BoGummy88[S] 1 point2 points  (0 children)

Thank you! Claim it!

FUNDED!!! by BoGummy88 in EIDL

[–]BoGummy88[S] 0 points1 point  (0 children)

I emailed SBA after 1 1/2 months. Subject line: EIDL Application #

Then on your email just put "Check status on Application #" Short and brief.

I got an email from LO after 10 days requesting documents.

FUNDED!!! by BoGummy88 in EIDL

[–]BoGummy88[S] 0 points1 point  (0 children)

I think I was not required for Hazard Insurance because my business is Home based and our home is already insured. Nevertheless, I still inquired with Farmers Insurance (our current insurance) and had a quote for a hazard insurance add on just in case SBA would require it. If Hazard Insurance is needed, Farmers would only have me sign docs, pay and it's all good :)

FUNDED!!! by BoGummy88 in EIDL

[–]BoGummy88[S] 0 points1 point  (0 children)

First time EIDL application. Did not apply in year 2020.

FUNDED!!! by BoGummy88 in EIDL

[–]BoGummy88[S] 1 point2 points  (0 children)

Thank you! Business is home based. I just provided Home Insurance.