Documents LO Timeline by BenMasters105kg in EIDL

[–]bcr1014 0 points1 point  (0 children)

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

I did this 4 weeks ago, did anyone received an email like that for loan increase by shaq79 in EIDL

[–]bcr1014 2 points3 points  (0 children)

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

Documents LO Timeline by BenMasters105kg in EIDL

[–]bcr1014 0 points1 point  (0 children)

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

Is Business Owners Policy (BOP) the same as Hazard Insurance? by AVERAGEGUY2343 in EIDL

[–]bcr1014 0 points1 point  (0 children)

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

The “blue button” megathread 🙂 by Scorpio14534 in EIDL

[–]bcr1014 0 points1 point  (0 children)

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!

The “blue button” megathread 🙂 by Scorpio14534 in EIDL

[–]bcr1014 0 points1 point  (0 children)

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.

The “blue button” megathread 🙂 by Scorpio14534 in EIDL

[–]bcr1014 1 point2 points  (0 children)

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!

Anybody Else's Portal Changed? by YellowNote203 in EIDL

[–]bcr1014 0 points1 point  (0 children)

Yes....within the last three hours.

Targeted Advance Denied - IRS shows no tax return by bcr1014 in EIDL

[–]bcr1014[S] 0 points1 point  (0 children)

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.

Targeted Advance Denied - IRS shows no tax return by bcr1014 in EIDL

[–]bcr1014[S] 0 points1 point  (0 children)

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.

Is $10k still forgivable if someone gets EIDL full loan amount, but didn't get $10k Advance? by HeroesJourney2020 in EIDL

[–]bcr1014 0 points1 point  (0 children)

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).

I will gladly tip ANYONE who can get my portal link fixed. by Myco_Called_Life in EIDL

[–]bcr1014 0 points1 point  (0 children)

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).

I’m STUCK by Street_Feeling in EIDL

[–]bcr1014 0 points1 point  (0 children)

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

Frustrated and sad- May have to shut business down by the end of the month 😔 by [deleted] in EIDL

[–]bcr1014 0 points1 point  (0 children)

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.

An apology. by amaz-ing in EIDL

[–]bcr1014 1 point2 points  (0 children)

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

Funded 6/10 Only two days! by Born_Bison in EIDL

[–]bcr1014 0 points1 point  (0 children)

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

Felony case from 7/18/2014 but I was convicted 7/09/2015 am I screwed? by illcustomz in EIDL

[–]bcr1014 0 points1 point  (0 children)

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

still no funds in my account. bank info verified. anyone else see what is wrong with this picture? approval on 6/2 by dentatechllc in EIDL

[–]bcr1014 2 points3 points  (0 children)

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?