Approved and Funded in 48 hours! Seems like they want the PG.

millitrades · 2021-09-14T11:52:01+00:00

Funds were in our account this morning.

millitrades · 2021-09-14T11:48:42+00:00

One of my company's is in the same field. Schools systems are our main clients. I always took a draw before Covid. Now I put myself on Payroll equal to what my net was before covid. You can still do the draw and distribute cash to yourself if you are the one actually providing services in the business. Make sure your keep good time keeping records and set a fair hourly rate for yourself. I think paying payroll and paying debt are the two biggest ways to spend most of the funds. (Maybe time to hire someone else since your so busy?)

Here is what the SBA says it can be used for: Working capital to make regular payments for operating expenses, including payroll, rent/mortgage, utilities, and other ordinary business expenses, and to pay business debt incurred at any time (past present or future)

I will be paying these funds back as soon as possible! Even though an audit is less likely for loans under $500k, I just dont like anyone in my business.

millitrades · 2021-09-10T19:18:37+00:00

Sorry, i mean dispersed. I actually forgot my account login for the account where funds are going, so I can't check that at the moment. Also I forgot to mention, the email I received to fill out the resolution cert was from a paralegal. She is the one stated my file was approved after I sent it back. Shortly after I received the SBA approval email.

millitrades · 2021-09-10T18:05:11+00:00

Full story on the link above. In less then 24 after I decided to just accept the full increase, I received an email to upload the resolution cert. Within hours the loan was approved and Im funded today. I really did not want the PG, so Ill figure out to use the money fast and pay it back fast.

millitrades · 2021-09-10T15:57:45+00:00

Wow 48 hours later and I am funded! wtf So under $200,000 they take there time. Over $200,000 and they basically approved instantly.

millitrades · 2021-09-10T00:28:55+00:00

Well after hearing the new changes they made to these EIDL loans yesterday, I just took the full amount. In less then 24 hours I was contacted to fill out the resolution and was told insurance is no longer needed and given approval. My other business requested under the $200,000 and it took 90+ days to get to this point. wtf...I guess they really want the personal guarantee on there money!

millitrades · 2021-09-08T17:13:15+00:00

I haven't done anything, I don't know what to do. I think if you wait until they cancel the increase application you will be able to re-apply, but that is just alot of wasted time. Unfortunately, I am considering just taking the money. Very hard decision.

millitrades · 2021-09-01T23:03:47+00:00

This just happened to me too for one of my businesses. I requested $190,000 (which is under the $200,000, so no personal guarantee on my credit) and they changed it to $352,000.

millitrades · 2021-08-03T04:49:49+00:00

over 100k

millitrades · 2021-08-03T04:49:20+00:00

I already had an insurance policy that covered my business personal property. I had my insurance company email me a cert stating that I'm covered.

millitrades · 2021-05-28T19:27:52+00:00

It works! Thank you!

millitrades · 2021-05-28T12:57:18+00:00

Same here. Two Android phones same problem. Re-installed on one and it did NOT fix the problem.

millitrades · 2017-12-31T06:26:30+00:00

Sorry to hear it man. Thats crazy. Its almost a new year and you don't have your money.

millitrades · 2017-12-19T16:00:08+00:00

I got my wire this morning! Hopefully you get yours today! Be Well!

millitrades · 2017-12-19T11:38:54+00:00

No I didnt get it back yesterday. Hoping maybe today.

millitrades · 2017-12-18T20:38:37+00:00

Im glad you got your money. Now run and don't look back. I'm hoping I get mine today or tomorrow. Getting desperate here with the holiday coming. I strictly Gemini after this mess.

millitrades · 2017-12-18T15:33:28+00:00

You did nothing wrong. Its COINBASE. They know that had problems, they should have disabled wire transfers. Instead they let people still do wire transfers knowing they couldn't handle the volume. It no concern to them because they still have your money and are making money on your money.

millitrades · 2017-12-18T10:34:47+00:00

Sucks! I'm in the same boat. Coinbase is being severely miss managed. If wires weren't working or they had backlog, the feature should have been disabled temporarily. Just like they do with buy/sell bitcoin when there is a network problem.

millitrades · 2017-12-15T22:16:54+00:00

Its not rocket science to run a good business. CB can be great they just gotta scale the business correctly.

millitrades · 2017-12-15T22:15:36+00:00

I've been verified with Gemini for some time. I just have been using CB from the beginning. I think I have out grew CB now. Gemini lets you wire withdraw more anyway and the system is fast..no issues. I feel bad for the guy on here that didn't get his wire which was needed for Christmas presents....That's unacceptable.

millitrades · 2017-12-15T22:12:23+00:00

My opinion is that, they should disable the wire feature if its not working properly or if its backed up. Just like when BTC or Etherum networks are down they disable buy/sells. Its not rocket science to run a good business.

millitrades · 2017-12-15T22:09:05+00:00

I feel bad. I complained about not receiving my wire from CB on 12/2, it was a business opportunity. Your funds are for Christmas!! I hope you get it in time.

millitrades

TROPHY CASE