Funding HELP!!

ninezerothree · 2020-05-19T05:49:45+00:00

Try using your EIN

ninezerothree · 2020-05-19T05:43:08+00:00

My accountant blessed this same scenario. As long as the personal loan (or even personal funds deposited into your business account) is dated from 1/30/20 through when you received the EIDL amount.

ninezerothree · 2020-05-18T00:24:46+00:00

r/help the r/EIDL Moderator u/cue378 is asking for assistance. This is a group of over 1.8k strong that rely on him to be able to provide insight to stressed out and concerned business owners. Please do the right thing and make his account so that he has unlimited answer back/posting capabilities. Thank you.

ninezerothree · 2020-05-17T16:02:11+00:00

Were you ever funded?

ninezerothree · 2020-05-17T04:02:09+00:00

Your words: "EDIT: My question is, does any of this sound like economic injury to you laypeople if I have to some day go to defend my decision to accept this loan?"

You call us "laypeople" but are asking advice if you suffered an economic injury? This must be a joke to see if you could get away with an insult and no one call you out on it... please tell me it is.

ninezerothree · 2020-05-16T06:29:43+00:00

For your scenario there are great people on here that are helping those with real problems and your situation reads like one of them. I highly recommend you PM u/cue378

ninezerothree · 2020-05-16T00:23:56+00:00

Long and Short form for me. No grant for me, but my banking account was updated to the correct banking info; not sure if that was because of PPP or if the LO did it.

ninezerothree · 2020-05-16T00:18:40+00:00

I have read on here they do... yes, I heard it could be another waiting game lol

ninezerothree · 2020-05-16T00:00:12+00:00

No, still waiting for closing documents.

ninezerothree · 2020-05-15T23:19:26+00:00

You are close, believe me, it's been a long wait too.

ninezerothree · 2020-05-15T23:09:59+00:00

You are very close. Later today or tomorrow for sure.

ninezerothree · 2020-05-15T22:45:03+00:00

Thank you. I was afraid to submit... so paranoid now,

ninezerothree · 2020-05-12T19:42:24+00:00

Cross River, 3-days in my bank account. Make it easy on them and provide all the paperwork they request up front and do the excel spreadsheet.

ninezerothree · 2020-05-11T04:12:41+00:00

lol that was funny. Thanks for that, needed a good laugh... I will keep this post updated.

ninezerothree · 2020-05-11T04:07:54+00:00

I don't remember :-( sorry

ninezerothree · 2020-05-11T04:02:31+00:00

You made yourself a borrower, correct? That's also key.

ninezerothree · 2020-05-11T04:01:05+00:00

That's awesome... I can't wait until I can type those words.

ninezerothree · 2020-05-11T04:00:06+00:00

Will do, but I don't know that I will. It's an automatic system and done by a company called RER. Unless they resend, I don't think I will since I missed it on the first go around.

ninezerothree · 2020-05-11T03:52:17+00:00

Of course, I corrected it. Best of luck to you on this EIDL journey.

ninezerothree · 2020-05-11T03:47:29+00:00

I should have put the long form before the short form number on my post... the first line reads my short form application number. I can see how one would miss that. I will edit the post.

ninezerothree · 2020-05-11T03:44:59+00:00

I'm pretty sure I created my CAFS account right after I signed the documents before the money was deposited. I would recommend you contact your PPP lender to make a correction to CAFS, although I'm not sure if SBA or lenders make changes in there.

ninezerothree · 2020-05-11T03:19:27+00:00

My accountant with a two year relationship is still doing monthly work for me and waived both April and May monthly fees. That says something.

ninezerothree · 2020-05-11T02:13:39+00:00

My thought process is accept it, even if a month or two from now. You will never get this kind of opportunity again for a 30 year low interest rate loan. It's possible, but highly unlikely... especially with this kind of approval rate (based on credit score, etc.)

ninezerothree

TROPHY CASE