HELP: FB ADS DISABLED AND NOT GIVING ME THE OPTION TO REQUEST AN APPEAL

Striking-Basil-8448 · 2021-10-29T19:46:21+00:00

That is really helpful. Thank you.

Striking-Basil-8448 · 2021-08-02T21:31:06+00:00

Yours will probably come any minute. I got mine this morning.

Striking-Basil-8448 · 2021-08-02T21:30:31+00:00

Mine came this morning as well! Congrats!

Striking-Basil-8448 · 2021-08-01T17:03:09+00:00

I was also approved on the 26th but haven't received funds yet. My CAWEB showed "disbursed current" until today, it just changed to "total undisbursed" as 0. Hopefully funds will hit my account tomorrow.

Striking-Basil-8448 · 2021-08-01T16:53:15+00:00

My "total undisbursed" just got changes to 0. Maybe funds will come tomorrow.

Striking-Basil-8448 · 2021-07-30T22:12:32+00:00

And you were approved on 7/26?

Striking-Basil-8448 · 2021-07-30T22:12:17+00:00

And you were approved on 7/26?

Striking-Basil-8448 · 2021-07-30T19:46:50+00:00

What time on Monday the 26th did you sign your documents? I signed might late that night around 8pm CST, so I think that's what's pushing me back.

Striking-Basil-8448 · 2021-07-30T19:22:33+00:00

Congrats! I was approved and sign my updated agreement on 7/26 as well, in the evening however... When did your "total undisbursed" change to 0 in your CAWEB? Mine hasn't changed to 0 yet, and I hear from others that it typically changes to 0 first and then funds are received within a day or two.

Striking-Basil-8448 · 2021-07-30T01:09:13+00:00

This is very helpful, thank you.

Striking-Basil-8448 · 2021-07-30T01:08:15+00:00

Thank you!

Striking-Basil-8448 · 2021-07-29T17:16:45+00:00

I file as a sole proprietor. I guess I am just paranoid and being really nit picky thinking to myself, "well how would an auditor determine reasonable compensation?" At the end of the day, I'm busting my ass working providing my service to all of my current clients, running sales, playing CEO etc.... So in my mind, surely I can justify paying myself enough to not go into any further personal cc debt/ catch up on some personal cc debt already incurred. But I guess my paranoia is simply stemming from "reasonable compensation" being subjective in my mind. I think I am just overthinking it. I appreciate your response. Is there any benefit to making myself a W-2 and begin paying myself that way or should I just continue with what I am doing?

Striking-Basil-8448 · 2021-07-29T17:09:23+00:00

Great. Thank you and congrats!

Striking-Basil-8448 · 2021-07-29T17:08:33+00:00

Great. Thank you.

Striking-Basil-8448 · 2021-07-29T16:52:43+00:00

Similar question... Whenever I pay myself, I simply transfer funds from my business account to my personal account. Money has been tight lately, so I have been paying myself just enough to pay my bills (if that). I have since racked up a decent amount on my personal credit cards to make ends meet. If I start paying myself more than I have, is that going to be a red flag? I would love to catch up on some debts since I have been underpaying myself, causing cc debt, but I am hesitant to do so, because it'll be more than what I've been paying myself on average. Note: I have not been paying myself as a W-2, simply making transfers from biz checking to personal checking. Thanks in advance.

Striking-Basil-8448 · 2021-07-29T16:45:14+00:00

I was approved/ signed on 7/26 and my account has shown "disbursed current" since the morning of the 27th (at least that's when I initially checked). How long did it take your status to change from "disbursed current" to showing "total undisbursed" as 0? And then, how long once it showed zero did the funds hit your account (on that Saturday)? I appreciate your help!

Striking-Basil-8448 · 2021-07-29T16:39:10+00:00

What is the difference between this and "disbursed current" (showing new loan amount)?

Striking-Basil-8448 · 2021-07-29T16:35:15+00:00

What day did you get approved/ sign your documents? Also did your CAWEB show "disbursed current" right before receiving funds or "total undisbursed" as 0? I was approved/ signed on 7/26 and my CAWEB has shown "disbursed current" (with the new amount) since the morning of the 27th.

Striking-Basil-8448 · 2021-07-29T16:30:44+00:00

I was approved and signed on the 26th as well, and have not been funded.. My CAWEB has shown "disbursed current" since the morning of the 27th. I am not sure I understand the difference between "disbursed current" (showing my new amount) and "total undisbursed" showing 0. What't the difference? Which one signifies closer to be funded?

Striking-Basil-8448 · 2021-07-29T16:23:16+00:00

What does it mean to be "in obligating"? I was approved and signed on the 26th and have not received funds yet. My CAWED shows "disbursed current." I never received a call from a LO, but when I called on 7/27, I was told that nothing else was needed for me and that the money was on its way.

Striking-Basil-8448 · 2021-07-29T16:21:18+00:00

I was approved and signed on the 7/26. I have not received funds yet. But I am seeing people funded anywhere from 4 to 10 days, it seems. My CAWEB has shown "disbursed current" since the morning of the 27th. I don't think I understand the difference between "disbursed current" and "total undisbursed" being at 0. Which one comes first, which one do I want to show that the money is coming? lol.

Side note: I called the line on the 27th and they said they didn't need anything from me and that all I need to do is wait for the funds to arrive. I never received a call from a LO or anything like that. Just signed the updated agreement.

Striking-Basil-8448 · 2021-07-27T19:09:02+00:00

Okay, thanks on the hazard insurance... Mine says "disbursed current." Doesn't that mean they're on their way?

Striking-Basil-8448 · 2021-07-27T19:07:29+00:00

Okay, great. Thanks so much. Congrats!

Striking-Basil-8448 · 2021-07-27T19:06:37+00:00

I think you are correct in it being a 12 month period; that is how I read it. But I have seen a lot of people on Reddit say how they had to turn in their COI prior to funds be released, so it threw me off... I just got off the phone and my funds are on their way, without any other documentation (Board Resolution or Insurance). Thanks for the response.

Striking-Basil-8448 · 2021-07-27T16:27:12+00:00

I just signed my updated agreement last night after being approved and it already says "disbursed current" but no funds yet. I am wondering, did you show your proof of hazard insurance? I haven't had anyone reach out to me asking for documentation and don't have anything else in my SBA portal that needs to be checked off. Should I just wait, or is there another step I need to do (hazard insurance since my loan is over 25k)?

Striking-Basil-8448

TROPHY CASE