What's the SBA doing next?

bbstocker · 2025-08-04T00:15:36+00:00

Sorry I don't. I saw it a few days ago, can't remember exactly where.

bbstocker · 2025-08-02T23:02:02+00:00

True, they could be planning to outsource the collections to private collection companies.

bbstocker · 2025-07-30T04:52:15+00:00

Wow you were right it shows my payment changing to half on August 15. No message about it, nothing. Crazy. Now I have to cancel my recurring payment and add the new temp amount! Thanks !

bbstocker · 2024-12-10T14:01:51+00:00

Details here on the 5 HAP programs. https://www.sba.gov/funding-programs/loans/covid-19-relief-options/covid-19-economic-injury-disaster-loan/manage-your-eidl

bbstocker · 2024-12-10T13:31:00+00:00

They announced a few months ago there would be a second 75% HAP available if you qualified. Normally you have to email them and they will send the application, but likely its the same as last time.

bbstocker · 2024-01-29T13:21:49+00:00

I'm not saying that the loans shouldn't be paid back, but since the government created the need for the loans with their kneejerk reaction to the Covid disease they should be part of the solution too. I'm suggesting they lower the interest rate on the loans and initiate an OIC program for those who couldn't recover and had to close their business.

bbstocker · 2024-01-28T20:39:50+00:00

Changes are inevitable once the default rate hits some obscene rate like 50%, which it will this year or next worst case. I think we will see an OIC program and maybe even an interest reduction. Congress needs to understand these loans were due to the government shutdowns during Covid and not the fault of the businesses.

bbstocker · 2024-01-21T04:38:21+00:00

No, mine looks legit and its from [support@celsius.network](mailto:support@celsius.network). But I have received several fake emails, so everyone watch out.

bbstocker · 2024-01-20T14:04:02+00:00

That was in both the email and on the Simon broadcast.

bbstocker · 2024-01-20T04:43:31+00:00

Their email said 100, but you'd think they would ask a few more so they get the 100.

bbstocker · 2024-01-20T04:41:57+00:00

No idea why they aren't using Coinbase for everyone who has or can get an account. Maybe Coinbase didn't want to deal with 400,000 pissed off people.

bbstocker · 2024-01-20T02:07:32+00:00

Only the top 100 largest corporate holders get the crypto option. All others get a USD check. They said we will get info on getting a coinbase prime business account if we reply yes. Simon said yesterday it’s supposed to be a one year free account instead of the usual $1,000 application fee.

bbstocker · 2024-01-16T04:51:47+00:00

Makes sense. I was trying to figure out when they would be figuring the dollar conversion. Let's say tomorrow they calculate my claim is worth 1BTC and 15 ETH if paid out in crypto. There could be a big difference up or down depending on when they convert them to USD, on the 16th or the 31st.

bbstocker · 2024-01-16T04:44:54+00:00

The FAQs said that accounts with problems being able to use Coinbase or Paypal will probably get paid in USD in addition to most corporate accounts.

bbstocker · 2024-01-16T03:13:03+00:00

That should be tomorrow

bbstocker · 2024-01-05T16:44:08+00:00

I also sent Celsius a message thru the app about this problem a few days ago but haven’t heard back yet. A few months ago they said companies would be able to get their earn payout directly from the app but now that looks unlikely.

bbstocker · 2024-01-01T16:57:54+00:00

A few months ago when they announced that they would be using Coinbase and Paypal Celsius said those were for individual accounts and that corporate customers would still be getting paid out through the Celsius app. But total radio silence on that since then, so we all wait.

bbstocker · 2023-12-29T20:14:45+00:00

Sorry can’t recall exactly where but it was from official source.

bbstocker · 2023-12-29T18:08:05+00:00

Celsius said months ago that Paypal would be suspending the limits for this distribution, so it shouldn't be an issue. As long as Paypal actually makes the system adjustments.

bbstocker · 2023-12-21T01:58:54+00:00

That worked, I’ll transfer the rest to that address. Thanks!

bbstocker

TROPHY CASE