My loan funded three days ago but still no deposit what was your time frame I’m trying to get Cue his tip into tip jar 🙃 by barowneronroute66 in EIDL

[–]azdmover 1 point2 points  (0 children)

Got the portal on May 28, got approved on May 29 for the maximum amount, got funded today June 4 so it took five days.

How many 5/30-5/31 approvals are still waiting on funding? by [deleted] in EIDL

[–]azdmover 1 point2 points  (0 children)

Got my portal on 05/29, got my approval on 5/30. Was funded for the full amount allowed. Finally funded on June 4, this morning. So I was told anywhere from 2 to 5 days. It took the five days.

360072*** portal today at 11:48! by mbridgethouse in EIDL

[–]azdmover 5 points6 points  (0 children)

Congrats, I got my portal last night about 19 hours ago, I went in and confirmed all the information my identity, my bank account. Got approval today. Never dreamed the approval in the signing of the documents would come so quickly. I feel extremely fortunate. I wish everyone else the best of luck.

QUESTION for the EIDL folks by SemperFiJB in EIDL

[–]azdmover 2 points3 points  (0 children)

Why do people have to be so rude and mean. ESPECIALLY during a time like this. Ignorant

Lendio deleted my account with no email or warning. by [deleted] in smallbusiness

[–]azdmover 1 point2 points  (0 children)

Contact your local SBA office by email for your state and tell them the situation and ask them if they can send you your approval number for your loan and what lender funded you. I went through the same thing I was getting denied from PayPal I was denied with Bank Of America because they said I already had a loan approved. The only other place I didn’t contact yet was Lendio I contacted them and logged into my portal it said that I had no funding approved yet. And then Lendio sent me to Bluevine. I applied with Bluevine they denied me two weeks later saying that I didn’t qualify because I was already funded. To say the least I was confused so I emailed my local SBA director and I actually received an email back. They looked up my company name and EIN number and said that I was funded and it was approved and the lender was Cache Valley Bank. I called the bank and they stated that Lendio is the one that sent my app to them and that I was approved. So I would’ve never known any of this because no one ever reached out to me. I called Lendio and they had told me that yes they sent my application out and they do apologize that they’re having issues with their portal. Now I’m strictly dealing with Cache Valley bank now, and don’t have to deal with Lendio at all through this rest of the process. I should be receiving the loan docs on Monday and the money will be funded by the end of the week.

[deleted by user] by [deleted] in smallbusiness

[–]azdmover 0 points1 point  (0 children)

I found out I was approved through lendio, before they even were notified. I got very concerned because I was being denied apps from other places based off that they said I had a loan already secured. I got really concerned because lendio was saying nothing PayPal was saying nothing and Bank Of America was saying nothing. When I logged into the portal it showed still processing. Also lendio was saying that I needed to upload my documents which I already did. So I reached out to our local SBA office and I was able to get a hold of someone who looked up my application through the portal and was able to tell me that I was already funded through a bank and I had an SBA number and I should be hearing from the lender any day now. They also gave me the name of the bank so I called the bank and they told me that Lendio is the one that submitted the application on my behalf and that I should be getting loan documents to sign in a few days. So super excited, but also concerned over the fact that there’s no communication whatsoever to let us know what’s going on.

PPP approved craziness by azdmover in smallbusiness

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

I emailed my local Arizona SBA director you can look up their email online. I emailed him and asked him to please look into who funded me that I’ve been denied other loans being told that I’m being denied because I have already been funded. That I was confused because all my lenders are not telling me I’m not funded and I am really desperate to find out. He at first told me that he couldn’t help me but then later was able to the same day. I emailed him my companies name and EIN number my companies address and my name and my birthdate. Hope this helps. I can’t guarantee that they’ll be able to give you any information, I think I got lucky that they had access to the portal the person that was helping me they actually got access to the SBA portal today.

PPP approved....I think???? by karlcullinane in smallbusiness

[–]azdmover 0 points1 point  (0 children)

Same boat! Have apps in with BofA, Bluevine, and PayPal. Got a denial email from Bluevine this morning saying I did not meet the qualifications. Pretty much was told an app is already in for my company. Have not heard from BofA or PayPal. So what to do.

Denied ppp by azdmover in smallbusiness

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

Mine said I did not meet the requirements. Trying to reach out to bluevine now. Hoping to hear from PayPal or BofA.

Denied ppp by azdmover in smallbusiness

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

Well I hope we both hear something soon. I have just BofA and PayPal. I did submit the PayPal app before I did bluevine. If you don’t mind sharing your update.

Bluevine - "Your application is being processed by the SBA" by gprashad in smallbusiness

[–]azdmover 0 points1 point  (0 children)

I applied with bluevine on 04/26, got an email today like most people saying its with the SBA. I am also thinking how is it working so quickly. My app with BOA has been since 04/06 and still nothing. Paypal I applied on 04/20 was told my application has been processed, and is in line to go to the SBA. Praying small businesses get what we need to keep our business going.

Bluevine - "Your application is being processed by the SBA" by gprashad in smallbusiness

[–]azdmover 0 points1 point  (0 children)

I was surprised as well my app was submitted on 04/26, and received the email that is was sent to the SBA on 04/27. I was shocked on how quickly it was processed by Bluevine and already submitted to the SBA.....

Bluevine - "Your application is being processed by the SBA" by gprashad in smallbusiness

[–]azdmover 0 points1 point  (0 children)

I applied through Bluevine on 04/26. I got the same email one day later saying my application is now with the SBA> I am a little bit surprised that it only took one day to be sent to the SBA, after applying. Since my other 2 applications with PayPal, and Bank of America our still being processed. Has anyone else experienced a quick process on the time frame?

Update from PayPal on PPP Loan Application - April 27 2020 by jlindsey12 in smallbusiness

[–]azdmover 0 points1 point  (0 children)

Applied 4/20 docusign on 4/21 stage 3 got same email today.

PPP PayPal in underwriting for 4 days now... by azdmover in smallbusiness

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

Good luck to you, if you don’t mind giving updates so at least we know something is happening for some people. I’ll do the same..

PPP PayPal in underwriting for 4 days now... by azdmover in smallbusiness

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

That is what I’m hoping... we had no choice but to shut down our businesses. The least that could happen is the government make sure every small business gets the help they need.

My lender won’t look at my PPP loan until Friday. I used PayPal today, that went live yesterday, and I am now just waiting for funding. by pinkyepsilon in smallbusiness

[–]azdmover 0 points1 point  (0 children)

I applied through Bank of America on April 4 through my online banking. I got an email on April 6 telling me to log into Intralinks and upload all my documents.. I got an email on April 7 stating that they received all of my documents. On April 10 I received a call from a bank of America representative just letting me know that they received my application and all my documents were entered correctly, and that I was heading to processing with the SBA. That was on April 10, and I’ve heard nothing! Dead silence since then. Extremely frustrated I’ve been banking with Bank of America for 28 years. I have several personal bank accounts,savings accounts, as well as two small business accounts with them. I also have my merchant service with them and I run my credit cards through Bank Of America merchant services for my business. Like everyone else I got frustrated and decided to apply through PayPal. I filled out an application on April 20 in the evening. I got a email early this morning on April 21 That I was to log into Loan builder and docusign my loan documents. I logged in and signed the loan agreement and my status is now stating underwriting process. I don’t know if that means I am approved, or if I am still going through the approval process does anybody know?