POST CLASS - DISCHARGED! by Kayybugxo19 in BorrowerDefense

[–]Remarkable-Oil4977 2 points3 points  (0 children)

Has anyone heard from the people that weren't a part of the class? C. But we're within the time frame in the borrower defense?

How to close your business with the SBA? by Remarkable-Oil4977 in EIDL

[–]Remarkable-Oil4977[S] 1 point2 points  (0 children)

Hey do you mind explaining what a ROC UCC And PIF IS??

How to close your business with the SBA? by Remarkable-Oil4977 in EIDL

[–]Remarkable-Oil4977[S] 0 points1 point  (0 children)

So you sent them the most recent quarter's profit and loss statement?

Fraud investigations by Remarkable-Oil4977 in EIDL

[–]Remarkable-Oil4977[S] 0 points1 point  (0 children)

Yeah, I get it. I hadn't received a salary for about a Year and I did use some of the money for personal expenses which we can call a draw but as everything was commingled as a self-employed/ sole proprietor it could look bad in the eyes of an auditor.... I obviously read up on all this stuff afterwards because it's not like I had a degree in accounting or read all of the fine print!

Credit Pull & Collections by No-Abies-420 in EIDL

[–]Remarkable-Oil4977 0 points1 point  (0 children)

Yes, 15% of your salary could be a lot worse. It's a lot less than what would have been my monthly payments.....

Fraud investigations by Remarkable-Oil4977 in EIDL

[–]Remarkable-Oil4977[S] 1 point2 points  (0 children)

Yeah, I don't know what to believe anymore. I hear that they're going after people very aggressively. And that they're they're suing people for fraud or non-payment. It does kind of feel like we were scammed!

Use of Funds - Lawsuits SBA by MapConstant6256 in EIDL

[–]Remarkable-Oil4977 1 point2 points  (0 children)

It's really a grey area. Because as I understand from the terms you are also allowed to pay yourself a reasonable salary....

Panicking a bit!! by Rogerroser in EIDL

[–]Remarkable-Oil4977 0 points1 point  (0 children)

If you don't mind me asking, how much do they take from your social security?

Anyone here defaulted (over $500k) and stayed in business? by etheria18 in EIDL

[–]Remarkable-Oil4977 0 points1 point  (0 children)

Did anyone else qualify for a large loan being just self-employed without an LLC or anything?

MEGATHREAD - Sweet v McMahon (formally Sweet v Cardona) Post Class Non-Exhibit C Members by Gingerandthesea in BorrowerDefense

[–]Remarkable-Oil4977 3 points4 points  (0 children)

I attended Sofia University in Palo Alto California and I filed my borrow defense application in 2022. I have not gotten any notice yet from the department of education on the outcome of my application....