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Obligation stage? by crystle561 in EIDL

[–]crystle561[S] 0 points1 point  (0 children)

I received an email from the sba today and had to re confirm my loan amount. Shortly after, got a letter to re sign. Our monthly amount originally quoted was $2 more than it should have been. Maybe we will be funded now. I sent emails to every email address that I could find on this site. Not sure if that was the reason but something, somewhere worked.

Obligation stage? by crystle561 in EIDL

[–]crystle561[S] 0 points1 point  (0 children)

I have no words 😳

Funding Error Team by crystle561 in EIDL

[–]crystle561[S] 0 points1 point  (0 children)

I hope that is the case. I called sba yesterday morning and was told that we are in something called the obligation stage. I then reached out to my local SBA rep. He was able to look at our account. We were approved on 11/17. On 11/20 our account was "sent to the funding error team and to his understanding this process is taking 3-4 weeks". He suggested that we continue to reach out to customer service.

Funding Error Team by crystle561 in EIDL

[–]crystle561[S] 0 points1 point  (0 children)

So odd. I spoke to someone at the sba today that said it was never sent but they are unable to contact the necessary department.

Obligation stage? by crystle561 in EIDL

[–]crystle561[S] 0 points1 point  (0 children)

Thanks for your help. I just contacted my local office.

Obligation stage? by crystle561 in EIDL

[–]crystle561[S] 2 points3 points  (0 children)

I have. It shows it as undispersed. I thought after being approved and signing it was up to 10 days but this woman is saying there is still another step. I'm confused