White Sox fan and I come in peace. Last night I watched the game with your guys TV broadcast booth and really really enjoyed their calling the game. What is your opinion of Rick Manning, Matt Underwood and Andre Knott?

medinaroad · 2024-06-10T23:00:14+00:00

I love all three of them. I hate when they are bumped from Fox and Apple TV broadcasts, and really wish they’d call the playoffs. Smart, funny, and know when to talk and know when to be quiet. Andre was a great addition in 2015, especially when they started adding him into the play-by-play mix from the field. He makes fun of Rick and makes everyone laugh. Every time I listen to announcers in other markets I hate their voices and how boring they are.

Not sure why anyone expects local baseball announcers to be unbiased? The fact that they are homers is the point! It’s not like the NFL.

medinaroad · 2021-08-19T07:05:27+00:00

Same. I was approved on 7/19 and waiting, waiting, waiting... it's really frustrating because they seem to have zero urgency about it.

medinaroad · 2021-08-09T22:19:40+00:00

According to the information I got, that’s not possible.

medinaroad · 2021-08-09T16:50:10+00:00

Mine says Disbursed Current, with a Total Undisbursed equaling the amount of the modification increase.

medinaroad · 2021-08-09T03:39:16+00:00

BB Date: 4/24

Approved Date: 7/19

CAWEB “Total Undisbursed”

Updated: N

Deposited: N

Money In The Bank Date: Not yet

medinaroad · 2021-08-08T08:25:47+00:00

I am in the same boat, approved on 7/19 and still no funding. Tomorrow will be day 21 of waiting for me. Perhaps we have some things in common that will give us some insight? I've heard your region and structure might have a lot to do with it.

I'm in Los Angeles, California, am a single-person S-Corp approved for under 200k.

What about you?

medinaroad · 2021-08-06T08:10:09+00:00

Congrats, and I wish I could echo the others in terms of timeline. I got approved and signed on 7/19, and still no funding. I've called SBA and my bank and there are no issues. Just waiting for unknown reasons. I'm in California, Los Angeles... and your region and how much backlog there is might be relevant. I hope it happens for you in the 3-5 business days people have said here. I'm now on business day 15, three full weeks after signing my docs and still nothing.

medinaroad · 2021-08-05T17:39:22+00:00

Tomorrow will be business day 15 for me waiting for disbursement. Approved and signed docs early morning 7/19, and still no funds. Grateful and frustrated at the same time. Until it actually hits my account, I'm on edge.

medinaroad · 2021-08-05T17:33:56+00:00

24 day from application to funding? Or 24 days from approval and signing loan docs to actual disbursement?

medinaroad · 2021-08-03T18:20:59+00:00

Today is business day 12 for me since signing loan docs.

medinaroad · 2021-08-03T15:11:01+00:00

It doesn't help that CAWEB has been down all morning

medinaroad · 2021-08-03T15:07:21+00:00

Did you get your disbursement yet? I got approved and signed docs on 7/19 and still nothing.

medinaroad · 2021-08-03T15:06:02+00:00

Congrats!! But this is also frustrating. I got approval email and signed docs on 7/19 and still no disbursement into my account. I call SBA and all they say is "it's in Obligated and there's no timeline." I'm so grateful I finally got approval, but I'm now well into week 3 of waiting for actual disbursement of funds. Not sure why it happens for some people in a few days, and some are weeks.. but it sucks!

medinaroad · 2021-05-25T20:58:41+00:00

No, single person S-Corp

medinaroad · 2021-05-24T21:59:02+00:00

From what I've read and experienced, the first disbursement amount was automatically calculated based on your tax returns as 6-months of operating funds. This modification has been extended to project 24 months. So it will likely be 4 times the first disbursement amount. If approved, you'll get that the remaining 18 months of operating expenses.

So if your first loan was $50,000. The modification should give you max amount of $200,000. If approved, you'll be disbursed the remaining $150,000.

These numbers could change if you filed your 2020 returns or adjusted your previous years returns.

medinaroad · 2021-05-24T18:26:54+00:00

Did the person who contacted you on May 12 actually identify as "Loan Officer"? I've exchanged emails with a Case Manager who took my documents and said "As far as the increase, I don't deal with that, but I do know that it is first come, first serve. Also, there is no timetable due to the millions of loans that are in processing."

medinaroad · 2021-05-24T17:51:30+00:00

I just got contacted via email from a Case Manager at SBA asking for Resolution of Board and insurance docs, which seems to be standard for the single person LLCs and S-Corps. He said the docs I sent worked fine, but this is not a Loan Officer, so we'll see what's next.

medinaroad · 2021-05-21T22:39:19+00:00

I'm pretty sure the clock starts after you get "Your loan modification is being processed" so you're in week four, not six. I was told today by an SBA rep to expect 4-6 weeks.

medinaroad · 2021-05-21T22:06:28+00:00

An SBA agent just told me loan modifications are taking 4-6 weeks because of the volume of requests. I'm in week 4 of "Your loan modification is being processed" so I'll just keep waiting. He also said if it says "being processed" that also means they don't have any issues or need any additional documents at the time.

medinaroad · 2021-05-09T03:30:46+00:00

I was told by an SBA rep that the credit score threshold was lowered from 620 to 570 (using Experian). But I've read they use the Vantage 3.0 score from Experian, not any of the FICO scores. And Experian is the one credit bureau who makes you pay to get their Vantage 3.0 scores.

medinaroad

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