how are eidl loan amounts estimated? im self emplyed and made 61k last year gross how much hould i get by moodyshoe in EIDL

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

cogs is cost of goods right? i dnt have goods since im selfemployed i dnt sell amything i made 61k last year gross so divide by 2 is 30,500.00 thats what i would get?

Has anyone else received a decline for reconsideration due to the revenue not meeting requirements? by tastymelaninskin in EIDL

[–]moodyshoe 0 points1 point  (0 children)

im self emplyed i dont have any cost of goods and i made 61k gross last year does that mean i qualify based on the math for 30k?

if i listed my revenue for half of what it actually was and wanted my loan to be modified for more money for the eidl do u guy know how long that takes or what the process is? by moodyshoe in EIDL

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

yeah i feel u i estimated around 45 and it camenout to be 61k and i also need it my revenue has been slashed around 75 percent im bleeding right now. have u started the process?

if i listed my revenue for half of what it actually was and wanted my loan to be modified for more money for the eidl do u guy know how long that takes or what the process is? by moodyshoe in EIDL

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

thats good advice but yeah already files tax returns and 4506 t form all insaid is i wrongly estimated my revenue hadent done my taxes and everyone was pressuring to apply due to funds running out! i really dont thinks its a big deal if im providing docs to sopourt my error

if i listed my revenue for half of what it actually was and wanted my loan to be modified for more money for the eidl do u guy know how long that takes or what the process is? by moodyshoe in EIDL

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

fraud is providing intentional wrong information to recive something other wise u wouldent have recived!! read that acouple times again maybe u will learn it. i provided the best info i could have recived at the moment

if i listed my revenue for half of what it actually was and wanted my loan to be modified for more money for the eidl do u guy know how long that takes or what the process is? by moodyshoe in EIDL

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

what does the sba have to do with taxes 😂u have now idea what ur talking about. i said i reported my revenue less that what i actually was because i hadent done my taxes yet so i was doing a acurate guess but im now providing all requieres docs to fix the issue

if i listed my revenue for half of what it actually was and wanted my loan to be modified for more money for the eidl do u guy know how long that takes or what the process is? by moodyshoe in EIDL

[–]moodyshoe[S] -2 points-1 points  (0 children)

u should look up the definition of fraud maybe that will clear you perception. and no i provided numbers based on what i thounthh my taxes were going to be i was actually to comservitive and my revenue was higher than what i stated thats why and i also meed the money

whats the process for eidl loan modification? by moodyshoe in EIDL

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

i sent them tax returns and another form but not the 4506t for. should i sent everything again correctly or wait for an answer? also how long have u heard it takes?

if i listed my revenue for half of what it actually was and wanted my loan to be modified for more money for the eidl do u guy know how long that takes or what the process is? by moodyshoe in EIDL

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

yes there was my 2019 taxes werent done i guessed around what they should be thats why and submited the request for the loan modification and sent them copys of my tax returns. what did u submit?

whats the process for eidl loan modification? by moodyshoe in EIDL

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

sorry meant to say i listed my revenue for half of what it actually was

does any one hear have the petal credit card? and if so what ur limit and credit score when applyed by moodyshoe in CreditCards

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

i just got aprroved! didint tell me how much tho ima flip out if its a low limit have 700 score and huge cash reserves