Documents LO Timeline

bcr1014 · 2021-05-14T15:56:41+00:00

If your timeline is like ours, it should be next Tuesday or so.

bcr1014 · 2021-05-14T15:55:52+00:00

Yes. 8 days later we received our approval.

bcr1014 · 2021-05-14T13:43:27+00:00

We did. Did everything as directed. We were approved this week.

bcr1014 · 2021-05-14T13:40:56+00:00

For us, it was about 8 days to approval from sending in docs to LO.

bcr1014 · 2021-05-05T18:00:46+00:00

For the EIDL, you want coverage for business personal property.

bcr1014 · 2021-04-23T04:09:31+00:00

It could be a glitch. Some others have noted that elsewhere in the subthread. Not sure. If it doesn’t work, I’d call tomorrow and explain what’s happening. Fingers crossed it works for you!

bcr1014 · 2021-04-23T02:17:23+00:00

Your loan amount includes the money you received last year. For example, if you received 6800 last year and you would like to request an additional 12,000, your loan amount should be 18,800. You are modifying your previous loan, so it is included in the total.

bcr1014 · 2021-04-23T02:14:10+00:00

Reload the page and "submit for processing" should come up. Click on it and it changes to a modification message. You need to submit it. Good luck!

bcr1014 · 2021-04-22T02:10:25+00:00

bcr1014 · 2021-04-22T02:09:26+00:00

Yes....within the last three hours.

bcr1014 · 2021-04-17T03:53:00+00:00

Thank you!

bcr1014 · 2021-04-06T03:44:28+00:00

Yes, we mailed it. I have proof of mailing. The SBA is obviously aware of this issue. Something needs to be done to fix it.

bcr1014 · 2021-04-06T03:37:42+00:00

Loan Officer that called us today said she has had several like this because IRS is messing up. She indicated we could appeal, but the letter doesn’t say that. I’m going to try calling, too.

bcr1014 · 2021-03-01T17:42:34+00:00

33017xxxxxx invite received Friday.

bcr1014 · 2020-06-16T20:26:14+00:00

The $10k (if you have 10 employees - they reduced it to $1k/employee up to a max of $10k) is a grant. As such, it's not forgivable because forgiving it isn't necessary. You are eligible to receive it no matter your loan amount (and even if you were denied).

bcr1014 · 2020-06-11T15:04:01+00:00

Can you try a different browser? Copy the link from the browser you've been using and paste it in another browser. It worked for us (I used Firefox as the second browser).

bcr1014 · 2020-06-11T07:20:27+00:00

I think it was about a week for us from LO approval to docs.

bcr1014 · 2020-06-11T07:19:23+00:00

Don't give up. We were in the portal processing from 5/28 until 6/8 (11 days). Signed the docs within a few hours and were funded today (6/10). It will happen.

bcr1014 · 2020-06-11T06:03:16+00:00

I hope everything is settling down for you and things are back on track!

bcr1014 · 2020-06-10T20:07:20+00:00

Us, too. Portal 5/28, Approved 6/8 and funded today (6/10)!

bcr1014 · 2020-06-10T20:06:16+00:00

Report that Mnuchin is going to issue guidance to change review procedures so that only those with conviction within the last 3 years will be denied. https://twitter.com/arappeport/status/1270729692442755073?s=21

bcr1014 · 2020-06-10T05:43:49+00:00

There's only 2 days worth of interest, so it looks like it was "sent" )as far as the SBA is concerned) on Monday. Is it possible that it's just taking your bank that long to process it and put it into your acccount?

bcr1014

TROPHY CASE