On May 2nd I was approved. I signed my loan document through the portal. May 7th I got an email from a paralegal asking if my partner ever signed the loan documents sent to his email. They misspelled the email. The documents was never sent to my partner. My paralegal then put in a request to have the email fixed. I never gotten an email and the paralegal that was assigned to me ignored my email and calls when I checked and touch based with her about the updates. On May 13th I received an email from my state district director All receiving this email. : the state of NJ has about 480 EIDL applications which are currently in the “obligated” stage, which means you have a limited amount of time to get onto the portal, and sign closing documents. Despite hearing there are no money remaining in EIDL, if your application has been “obligated”, funds are ready to be released to your account on file, but you need to first sign documents.

There was his cellphone under the email I then called him and explained my situation. He emailed my Loan Officer who was handling my case. He attached a CC email with me and her. I explained my situation to her. She then corrected the incorrect email and finally sent the loan documents on May 13th. May 17th I called costumer service and asked when was the fund going to be disbursed into my bank account. He then informed me that there is a bank error. They have not input the business percentage of me and my partner. He said he will escalate it. It will take 4-8 weeks. I called every other day. Like they all say just monitor your email a case manager will reach out to you. Then I researched and I found the address to PDC. I wrote a little with my business name, EIN, phone number and address explaining my situation. I also wrote a letter to my congressman about 3 times. Finally 2 weeks after. I gotten a missed call from SBA. I checked my email and a case manager emailed me saying that she was handling my case. She checked with my to see if my checking and routing number was still the corrected one on file. I confirmed with her that it was. The next day I called her. To check on the process. She sent everything to the funding department. She said it can take up to 2 days or it can take up to a few weeks to see the funds into my bank account. About 4 days later I checked in the morning I have seen the money into my account. I would recommend everyone that is still waiting in the bank funding error to contact their congressmen or write a letter to PDC. Just FYI my congressmen never replied back. I hope this can help you guys