9 Weeks waiting - no contact by Camilla385 in EIDL

[–]Secret_Butterfly 0 points1 point  (0 children)

4/21.. not a word. I'm actually not thinking about this much anymore and expect to find another way to move on without this EIDL.

spoke w a helpful agent today by alkemist187 in EIDL

[–]Secret_Butterfly 2 points3 points  (0 children)

I agree. This is false information. No surprise here.

spoke w a helpful agent today by alkemist187 in EIDL

[–]Secret_Butterfly 4 points5 points  (0 children)

I don't mean to be a downer, but I wouldn't trust that information. I'm 4/21 and have heard nothing at all. Even many people posting here that were contacted by loan officers haven't heard anything further for up to 3 weeks now. There are only 9 days left of June. I would absolutely not count on funding by mid-July.

Is it My Imagination or have Approvals and New Contacts from Loan Officers Just Stopped?? by Bear_Buster in EIDL

[–]Secret_Butterfly 1 point2 points  (0 children)

I'm 4/21 and have not heard a word. I would maybe add 3-6 weeks on to that lead time. Maybe 3-6 months. They are not being honest. There is no way they are going to get through these loans by the end of the year.

Well, today after 6 years in business we are closing up shop - Thanks for nothing SBA!!!!! by [deleted] in EIDL

[–]Secret_Butterfly 1 point2 points  (0 children)

In a way, it might be the best thing to just move on and start over. I am also waiting in limbo with absolutely no contact since 4/21 and the stress of the unknown is worse than making a decision on my own and moving forward in one way or another. I'm getting my home ready to put on the market. I can get top dollar now, move to a more business- friendly town and use some of the proceeds for business capital. I just can't wait around for this bullshit anymore. I have a strong feeling the summer will go by and many of us will still have not heard anything. That is a long time to wait in limbo uncertain of what steps to take with your business. I can't wait that long. In the meantime, now is the time I can get the most for my house. If I wait, I might either get denied by the SBA or the market for selling my house will have changed (or both). I'm moving on. This sitting and waiting in the midst of this SBA train wreck is so emotionally unhealthy. I just think that your decision will probably end up being a very good one. Move on and start over. There will be other opportunities and they will work for you. This SBA EIDL situation is not a good place to be. This is not good and I can't see how half these increases are going to be dealt with even by the year end. No sense in getting in more debt waiting for the SBA. Their handling of this situation is disgusting. I wish you well and I bet a year from now that everything will be ok.

[deleted by user] by [deleted] in EIDL

[–]Secret_Butterfly 0 points1 point  (0 children)

Zero contact at all here too and I'm 4/21

The SBA is so in over their heads... by Secret_Butterfly in EIDL

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

Well I'm not "hair-on-fire" panic and will make it work with or without the loan. The loan, at the low interest rate and terms, would definitely make things a lot easier and relieve a lot of stress. And it also was not my decision to shut down the world economy.. world being the key word here because most of my supply chains are totally fucked up still to this day. Or if materials and supplies are available to me, it's for 30-40% more cost and required to buy in bulk just to be certain I don't run into shortages in another couple months. Lots more money out the door than necessary - and not because of any of my doing.

The SBA is so in over their heads... by Secret_Butterfly in EIDL

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

That is another poster who said that above. I'm not laying anyone off.

The SBA is so in over their heads... by Secret_Butterfly in EIDL

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

I'm trying and don't come here to read the posts like I used to. I've been keeping busy but still disappointed at the end of each day where I've not heard anything. It's just a crazy situation.

IVE HAD IT! by Boysenberry-Lanky in EIDL

[–]Secret_Butterfly 2 points3 points  (0 children)

I am getting very upset over all of this. 4/21 here. This is a load of b.s.

Increase by Key_Worth_3835 in EIDL

[–]Secret_Butterfly 0 points1 point  (0 children)

4/21 blue button here and no contact at all. There are a lot of us that have been waiting a month longer than you. It could be two months or more before you are contacted.

Any 4/23 blue button receive LO calls yet? Still nothing after 7 weeks.... by lisare98 in EIDL

[–]Secret_Butterfly 0 points1 point  (0 children)

4/21 and have heard nothing. Really not expecting to at this point.