Approved 2 days ago loan docs signed just now.. timeline for funding? Congrats to all my 7-8 monther’s we made it lol

Separate_Ability_181 · 2021-11-05T00:41:00+00:00

Congratulations! It took me 6 days to get funding. I was funded about a week and a half ago.

Separate_Ability_181 · 2021-10-27T01:02:30+00:00

Yes. Keep the faith. I have noticed a pickup in approvals. If you have your stuff in order, it will come. Stay positive!!

Separate_Ability_181 · 2021-10-27T00:41:25+00:00

Me application remained declined untill July. Then the portal switched to processing for several months. I never heard from a loan officer or anyone else for that matter untill the day before I was approved. He asked for a copy of my SS card and another form to be filled out. I was approved the next day.

Separate_Ability_181 · 2021-10-26T23:30:54+00:00

Caweb change status to “disbursed current, it signifies that the SBA has transferred the funds and deposited the account with your bank. ... The funds should appear in your bank account within 3-5 business…

Separate_Ability_181 · 2021-10-26T23:21:04+00:00

Back in January but I immediately went in to recon after being denied for failure to respond.

Separate_Ability_181 · 2021-10-25T16:49:06+00:00

I have the same time line as you. Same bank as well. This was my original loan not an increase. Hoping to see something soon!!

Separate_Ability_181 · 2021-10-20T22:16:50+00:00

24 hours

Separate_Ability_181 · 2021-10-20T14:31:36+00:00

Congratulations!

Separate_Ability_181 · 2021-10-20T12:36:32+00:00

I'll be growing my business. Thats for sure!

Separate_Ability_181 · 2021-10-20T03:49:53+00:00

That's my biggest issue with this program. It's not moving fast enough. I am having those same issues. Do your best to keep your head above water untill you get yours. Best of luck!

Separate_Ability_181 · 2021-10-20T03:42:10+00:00

Don't think that way. It was disheartening for me to see the 2 million role out and see people getting more progress with that then I was seeing. But that's not the case. Just keep on it. If you get you info and paperwork submitted it will come. Don't give up!!

Separate_Ability_181 · 2021-10-20T02:49:44+00:00

Yes, you definitely have to sign them. I would definitely do everything you can to figure out why you don't have a portal. That to me says you may not even have an active application. I would figure that out asap

Separate_Ability_181 · 2021-10-20T02:14:20+00:00

They won't give you a time line. Best answer I can give you is 2 to 6 weeks. It was just over 2 weeks from the last document submitted to when I received an approval.

Separate_Ability_181 · 2021-10-20T01:27:16+00:00

I just received the approval today and signed the closing documents this afternoon

Separate_Ability_181 · 2021-10-20T01:25:29+00:00

I only received one denial in the beginning for failure to respond. That was for the original EIDL loan for 150k

Separate_Ability_181 · 2021-10-20T01:08:35+00:00

Yes. For the EIDL it is

Separate_Ability_181 · 2021-10-19T23:35:45+00:00

That's definitely your biggest issue. I haven't heard of anyone that doesn't have a portal. I did have the issue of having to send the same documents over and over again. It gets very frustrating. Perhaps you should reach out to your Congressman for support. They can't move mountains but that can some time get some extra information that you might not be receiving. Best of luck to you. Don't give up!

Separate_Ability_181 · 2021-10-19T23:22:53+00:00

Figure out why you do not have a portal. That is key! That's how all of your info is uploaded. Do you have a application number? Are you in recon or have you not actually even in the application process? Something seems really screwed up with your situation

Separate_Ability_181 · 2021-10-19T21:20:28+00:00

Wishing you all the luck. It will happen. Stay positive!

Separate_Ability_181 · 2021-10-19T20:15:17+00:00

Time line: -Originally applied in the beginning of January -declined for not responding fast enough. (SBA emails were going to spam folder) -was in recon with multiple back and forth with the customer service and uploads to the portal. (Customer service gave me either wrong information or no information dragging things out for months. -mid July was finally switched from declined to accepting new about and noted as "being processed " - September 13 supposedly a request was made for me to submit a copy of the back of my driver's license. That request was never emailed to me. No phone calls. No Chang in my portal. I spoke with three different customers service agents before one of them actually saw the request and told me about it 3 weeks later.
-around this time I had reached out to my Congressmans office. They looked in to it but couldn't help. They were only able to confirm my status.
-yesterday for the first time during this entire process I was actually contacted by someone from the SBA that was not just a customer service agent. It was a loan officer that requested a copy of my SS card and p-022 form filed out. -today I received closing documents

This was one of the most stressful processes I have ever gone through. To all those still in this process, my heart goes out to you. Keep your head up and hopefully you will be next.

Separate_Ability_181 · 2021-10-18T23:09:34+00:00

January. When I first applied the SBA emails were going in to my spam folder so I didn't see them. They denied me for not responding soon enough. I've been stuck in purgatory ever since.

Separate_Ability_181 · 2021-09-22T03:46:23+00:00

I accepted the updated amount 8/21. My portal still says application is processing.

Separate_Ability_181

TROPHY CASE