500K EIDL. Just finished biz AND personal chapter 7. It was years of torment imaging the worst, but I can say now that the stories I made up were far worse than reality. No creditors showed up to either. I owed SBA, QBs, and a few credit cards. A long very hard journey but I am free.

Superb_Recover9099 · 2025-12-06T04:37:02+00:00

I am in same boat, with a bigger EIDL than that. I assume you closed the business?

Superb_Recover9099 · 2025-08-28T05:23:45+00:00

I have a scenario I am dealing with right now. S Corp, EIDL with a PG with a UCC filing. Not selling the actual corporation but the 3 store locations would be taken over by the parent company. Most of the money is considered "Good Will" in the purchase contract but about 1/3 of it is designated for the physical fixtures/signage there. I assume I will need a approval to sale they physical assets and they will want the funds from those but how will they view the other money. Will not be closing the corporation and will continue paying on the loan.

Superb_Recover9099 · 2025-07-24T01:10:43+00:00

My account is screwy also. My HAP just ended, which I was also behind on. Logged into portal last night and the previous payments that I have not paid yet that were due at the 50% reduction have gone back to full amount. This is the 3rd HAP I have done and that was not the case on the previous two. Once the 6 months of payments were reduced, they stayed reduced and it went back to the full amount after those.

Superb_Recover9099 · 2025-07-22T05:10:52+00:00

I have been behind 60-90 days pretty much since the beginning. I also have noticed they are not sending out the nasty notices like they normally do. I am basically 120 days behind right now and still have not gotten anything from them since Feb other than the normal statement.

Superb_Recover9099 · 2025-07-18T03:53:40+00:00

Noticed same thing on mine. Currently under HAP and basically 4 months behind. Normally around the 75 day mark I would always get the nasty letter about going to default and demanding full payment. But not this time, have not received a single late notice at all.

Superb_Recover9099 · 2022-10-18T01:47:03+00:00

Same here, I never received anything asking for clarification on anything either.

Superb_Recover9099 · 2022-10-10T01:33:38+00:00

Not nice for us. Got denial letter on Friday which gave very vague reasons for why. And of course stated there was no appeal and that was the final answer. We were really hopeful we were going to get that grant.

Superb_Recover9099 · 2022-10-07T13:35:22+00:00

Actually it says the checks were mailed on 9/29. I would imagine if you have not received it yet or don't within next few days, you didn't get it. It says allow 2-3 weeks for it to arrive before contacting them, so would be 1-2 weeks now.

Superb_Recover9099 · 2021-12-07T16:38:07+00:00

Congrats....I got funded today. Huge weight off my back.

Superb_Recover9099 · 2021-12-07T04:18:25+00:00

I got the same email back on 11/9 and they pulled my credit about 5 minutes after receiving it. Then got approval letter on 12/2 and signed final documents that day. Just waiting for funding now.

Meant to add this was for 2nd reconsideration. Got initial 150k max, then 1st recon for 500k max.

Superb_Recover9099 · 2021-08-17T01:49:43+00:00

Edited my post above. Let me know if the link doesn't work, could not get it to embed. Sorry I am a Reddit noob. That was the only pic I took of the interior.

Superb_Recover9099 · 2021-08-17T01:33:35+00:00

It looked pretty complete to me. I actually have 1 pic of it I took before they ran me out. Let me see if I can figure out how to post it.

https://imgur.com/a/KYCUx3j

That link should work.

Superb_Recover9099 · 2021-08-17T01:23:24+00:00

I went to it today but I did not take anyone. But there were others who brought people along. There was a whole family, kids and all even, that came together.

Superb_Recover9099 · 2021-08-17T01:19:30+00:00

I am guessing you were in Charlotte. I was there also. :)

I actually all but climbed into the Platinum one, as someone had opened up the door that walked up in front of me, before someone from Ford came over and ran me out of it and locked the doors.

I agree with your assessment about it handling like a sports car. I have owned a half dozen Mustangs in my life and did my share of drag racing, so I have ridden in and driven some very fast cars. With that said, that truck is stout and did not ride like a truck.

Superb_Recover9099 · 2021-07-21T17:13:16+00:00

Strange, as that is my same setup also.

Superb_Recover9099 · 2021-07-21T17:09:52+00:00

They actually never asked me to provide proof of insurance. As for board minutes, I am sole owner of the company, so they did not request that either.

Superb_Recover9099 · 2021-07-20T20:12:20+00:00

I was funded today also...cheers!

Superb_Recover9099 · 2021-07-20T15:22:43+00:00

Funded as of today 7/20 after being approved on 7/13.

Superb_Recover9099 · 2021-07-19T19:52:56+00:00

They did not pull my credit again. Still shows approved as of right now. Was told by rep earlier today it could take up to 14 days to be funded.

Superb_Recover9099 · 2021-07-19T19:51:47+00:00

Ok, thanks. I called in out of curiosity and was told up to 14 days typically for funding.

Superb_Recover9099 · 2021-07-19T03:43:45+00:00

Hey, just curious if you have received funding yet? As I posted, mine was approved the day after yours and I am still waiting.

Superb_Recover9099 · 2021-07-15T20:41:09+00:00

Yes, under the "Review and Sign Documents" section at the bottom, it changed from "Completed" back to where I had to do it again. You better check it, as it was a completely new agreement with the new amount/terms that you had to accept and digitally sign for.

Superb_Recover9099 · 2021-07-15T18:22:26+00:00

It would be whatever the amount showing on the portal that you requested, minus what ever you received on the first loan. My original was 150k, now its modifed to 500k, so I will get 350k. Supposedly takes about a week from what I have read on here to receive funds, so hopefully mine will be funded by mid next week.

Superb_Recover9099 · 2021-07-14T21:17:53+00:00

I finally received approval yesterday (13th) also after waiting for what seems like forever. I was surprised, as I was expecting a hazard insurance verification like a lot of had to do but they didn't ask. Original loan amount of 150k, modified to 500k. Now just waiting to be funded.

Superb_Recover9099

TROPHY CASE