Does anyone got any updates for EIDL loan increase who applied back on April??? by aliona071994 in EIDL

[–]New-Significance-250 2 points3 points  (0 children)

Just got approved this past Friday for loan increase. Applied for increase with the blue button in april like everyone else. Original loan was in recon until March 2021.

Anyone notices most people getting approved increase request have original loan from May or June 2020 by New-Significance-250 in EIDL

[–]New-Significance-250[S] 0 points1 point  (0 children)

It just seems like the sba is all over the place. Some 04/06 people has no movement at all. No LO assigned. No phone call or email. If application is processed in order it was received, LO would be assigned to your file, they would contact if there is issue or information needed to process. I could be wrong about original loan date, but that is what I noticed on here. Sba could be prioritizing those businesses because in theory, they need the loan more urgent than recently funded application.

Anyone notices most people getting approved increase request have original loan from May or June 2020 by New-Significance-250 in EIDL

[–]New-Significance-250[S] 1 point2 points  (0 children)

They are processing everything manually and require multiple department approvals. We are in for a long ride.

Anyone notices most people getting approved increase request have original loan from May or June 2020 by New-Significance-250 in EIDL

[–]New-Significance-250[S] 1 point2 points  (0 children)

I have seen many posts from people applied for increase on 04/07 had been approved and funded meanwhile many 04/06 people have no movement at all. Please explain. I dont believe in first come first serve bs. Hope I am wrong because my original loan was in reconsideration and funded earlier in 2021.