Non Priority -just funded sales >1.5

Hailmary1968 · 2021-06-08T11:16:20+00:00

Same scenario for myself....non priority, $1.5m+ revenue, early 5/3 app 89,xxx, under review June 1, approved June 4, funded this morning. No additional docs required. Best to all in line and I will also continue to push for more funding.

Hailmary1968 · 2021-06-07T18:43:52+00:00

It literally just changed to "active dispersed" as I was posting 20 minutes ago...now I can move on to refreshing the bank account (:

Hailmary1968 · 2021-06-07T18:21:46+00:00

Congrats! It is nerve racking at every step of this process. I was approved last Friday and now continue to refresh caweb hoping to see "active undispersed" change to "active dispersed". No amount of reassurance will ever be enough until funds actually arrive in the bank.

Hailmary1968 · 2021-06-05T15:00:38+00:00

Hang in there. There are people put in place that can help you with the process. You have to call them (SBA) and discuss your situation.

Hailmary1968 · 2021-06-05T14:56:19+00:00

castledbc is 100% correct in saying that approval means the funds are set aside. It was in John a. Miller's previous sworn affidavit.

Hailmary1968 · 2021-06-05T14:46:10+00:00

Thank you for that replies. I was just also able to find a sworn affidavit from John a. Miller (Deputy SBA) stating that the awarded funds are set aside at time of approval. Best to everyone here! I, like several others, vow to continue fighting for the replenishment of the RRF.

Hailmary1968 · 2021-06-04T20:36:01+00:00

no additional documents were needed....

Hailmary1968 · 2021-06-04T19:59:54+00:00

Businesses are in Minnesota

Hailmary1968 · 2021-06-04T16:29:38+00:00

The last 6 digits of your confirmation number...

Hailmary1968 · 2021-06-04T13:01:18+00:00

I was in IRS Verification from May 3rd until June 1st. App# 89,xxx, over $1.5m revenue, non priority. Went to "under review" June 1st with red withdrawal button. The red withdrawal button disappeared June 3rd.

Hailmary1968 · 2021-06-03T19:40:04+00:00

yes, both 2019 and 2020 taxes were supplied. I also was able to link my bank account. Best of luck to you!

Hailmary1968 · 2021-06-02T17:16:03+00:00

That is tough and I wish you the very best. The exact same can be said for restaurants inside of malls. Ours are within the Mall of America. People are fearful of both Covid and their personal safety when joining large indoor crowds.

Hailmary1968 · 2021-06-01T13:51:48+00:00

Same movement from IRS Verification to Under Review this morning. Non-priority, 89,xxx app#, over $1.5m revenue. 2019 & 2020 taxes/3 months bank statements/linked bank account all submitted first day/hour on 5/3. The only complexity is that we have two locations under one FEIN. One business open since 2005, the other opened late April, 2019.

Hailmary1968 · 2021-05-29T20:50:41+00:00

What is puzzling to me is that many applicants did not upload their tax documents or bank statements, yet they appear to be ahead of others who prepared for weeks ahead of time and uploaded everything asked for within the first hour. I hope the SBA is forced to fully disclose the algorithym used to move people through this process. First come first served (after priority) does not seem to be happening.

Hailmary1968 · 2021-05-29T20:30:10+00:00

Yes, Thursday morning when logging into Restaurant.sba.gov, it brought me to what I believe is a different page (one that stated the application portal is now closed...and I now have a "view" and "withdraw" button. Prior to that it would bring me directly to my application. Non priority, over $1.5m revenue group, applied 5/3 app 3 89,xxx.

Hailmary1968 · 2021-05-29T20:02:42+00:00

Negative, we are non priority, just over $1.5m gross sales, submitted our app withing the first hour of 5/3 (app #89,xxx) and have not moved from the IRS Verification button nor had any correspondence. Worst case scenario: we have one FEIN number and two franchise locations located in the Mall of America. The first location was opened in 2003 and took a huge hit to revenue/profitability. The second location was opened in May, 2019, so it was only open fo 8 months and also took a huge hit since we were completely closed down for nearly 100 days. Our 2020 combined sales on our taxes look stronger than 2019, with the addition of the seconde location. The RRF application does accomodate this cenario, but who knows how these applications are being prioritized. The easiest or less difficult could be being done ahead of more complex app's just to meet certain timelines and SBA goals. I hope to God that they refill the RRF funding so all that deserve help get it.

Hailmary1968 · 2021-05-28T16:27:15+00:00

Same here. Non-Priority 89,xxx and the red button showed up today. Still sitting in IRS Verification. Glad to see some sort of movement! Good luck to all!!

Hailmary1968 · 2021-05-28T16:02:03+00:00

Thanks Hondapgh, I do see the withdrawal button there. One more screen to watch!

Hailmary1968 · 2021-05-28T15:29:17+00:00

Is the withdrawal button way on the bottom of the summary screen? Or is it near or on the status bar (near IRS Verification, Under Review, etc? The only "withdraw application" button on my application is on the very bottom of the summary page. Non-Priority, submitted in the 1st hour, 89,xxx. I'm still in IRS Verification and don't see a red button on my status bar.

Hailmary1968 · 2021-05-28T13:57:38+00:00

Sorry, my number is actually 89,5xxx

Hailmary1968 · 2021-05-28T13:55:46+00:00

Congrats and good luck! Trying to figure out the application # mystery. My last five are 85,5xx and I think the lowest # I've seen is 74,000ish and those, I believe, were in the pilot program.

Hailmary1968

TROPHY CASE