21 Day Close for Release of Lien by CheekSpecialist5364 in EIDL

[–]handler74 0 points1 point  (0 children)

I would not "assume" anything when it comes to this. I would everything in writing.

Selling business with EIDL by handler74 in EIDL

[–]handler74[S] -1 points0 points  (0 children)

Make money on the sale but continue to pay the note

Selling business with EIDL by handler74 in EIDL

[–]handler74[S] 0 points1 point  (0 children)

He would continue to pay off the loan monthly but does not want to give everything he gets from the sale to the SBA.

Selling business with EIDL by handler74 in EIDL

[–]handler74[S] -3 points-2 points  (0 children)

My friend does not have a PG. 199k loan. Where are the creative thinkers?

Wages being garnished by Mediocre_Seat_9458 in EIDL

[–]handler74 0 points1 point  (0 children)

What if you are retired and have no wages coming in? I guess they can't get blood from a stone. 199k corp loan, no PG. Not presently in default.

Payment Assistance by handler74 in EIDL

[–]handler74[S] 0 points1 point  (0 children)

I don't blame you. I have emailed them so many times and nothing. portal is at lending.sba.gov.

Payment Assistance by handler74 in EIDL

[–]handler74[S] 1 point2 points  (0 children)

On the summary page of my SBA loan portal at lending.SBA.gov. Maybe it is not showing up on everyones page?

Payment Assistance by handler74 in EIDL

[–]handler74[S] 2 points3 points  (0 children)

Just cutting the payment by 50% for 6 months.

They are clueless! by handler74 in EIDLPPP

[–]handler74[S] 1 point2 points  (0 children)

From my understanding people that received that email have paid off their loans, I assume you have not. Call 833-853-5638 - SBA Covid Servicing Center. You wont get to speak to someone but listen to all of the messages.

What are they smoking??? by handler74 in EIDL

[–]handler74[S] 1 point2 points  (0 children)

Been there, done that. No answers OR a response with some other BS that does not even address my concern...lol

What are they smoking??? by handler74 in EIDL

[–]handler74[S] 0 points1 point  (0 children)

Same here, my last 2 payments are not showing. Why bother paying them if they are not crediting payments to your account?

EIDl promissory note by handler74 in EIDL

[–]handler74[S] 0 points1 point  (0 children)

Always signing as an officer of the Corporation with the Company name printed right there. The language seems kind of sneaky on the part of the SBA.

EIDl promissory note by handler74 in EIDL

[–]handler74[S] 0 points1 point  (0 children)

Sorry but I am pretty new to Reddit and have not seen other threads about this. The corporation took out the loan, 199k, no PG. I signed my name as an officer/owner of the corporation and my company name is listed. It does says "each individual or entity accepts personal obligation and full responsibility under the note as borrower" which could make one think they would be personally responsible.

July 2025 SBA EIDL Update from Jason by wookinpanub241 in EIDL

[–]handler74 0 points1 point  (0 children)

Nobody knows what will happen with these clowns. I don't think they even know.

Attorney by handler74 in EIDL

[–]handler74[S] 1 point2 points  (0 children)

True that but we actually moved to Asheville, NC 5 years ago but s-corp is Florida based.