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Author Topic: SBA PPP and EIDL Small Business Loans (some money is forgivable)  (Read 553175 times)

Offline est

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #4100 on: July 12, 2021, 01:39:38 PM »
Quote from: cgr on July 12, 2021, 01:31:00 PM
No.
Disregard any PPP, EIDL, or any loans received.

thanks again for all your help!
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Offline happyyyr

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #4101 on: July 12, 2021, 03:22:55 PM »
Quote from: YesThatsMe on July 12, 2021, 11:42:51 AM
Approved for Loan Increase yesterday, applied 4/30.
After applying 4/30 for the loan increase.  When was the first time they reached out to you about it?
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Offline YesThatsMe

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #4102 on: July 12, 2021, 04:21:47 PM »
Quote from: happyyyr on July 12, 2021, 03:22:55 PM
After applying 4/30 for the loan increase.  When was the first time they reached out to you about it?

They didn't reach out, just got email yesterday saying modified, I logged in and signed increase.
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Online Ver hut gazugt

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #4103 on: July 12, 2021, 04:26:05 PM »
Quote from: YesThatsMe on July 12, 2021, 04:21:47 PM
They didn't reach out, just got email yesterday saying modified, I logged in and signed increase.
When did you sign the 4506-t form ?
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Offline YesThatsMe

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #4104 on: July 12, 2021, 05:24:31 PM »
Quote from: Ver hut gazugt on July 12, 2021, 04:26:05 PM
When did you sign the 4506-t form ?

April, day I requested increase
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Offline Fish Tank

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #4105 on: July 12, 2021, 05:26:50 PM »
Quote from: YesThatsMe on July 12, 2021, 11:42:51 AM
Approved for Loan Increase yesterday, applied 4/30.
Thanks for DP.

10 weeks. Wow.
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Offline hvaces42

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #4106 on: July 12, 2021, 09:17:02 PM »
My loan increase went from processing back to the original loan amount!!! What the heck???
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Offline dandu16

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #4107 on: July 12, 2021, 09:24:17 PM »
Quote from: hvaces42 on July 12, 2021, 09:17:02 PM
My loan increase went from processing back to the original loan amount!!! What the heck???

Same
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Offline Moshe123

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #4108 on: July 12, 2021, 11:05:41 PM »
Quote from: dandu16 on July 12, 2021, 09:24:17 PM
Same

Same on one loan. Interesting.
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Offline gozalim

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #4109 on: July 12, 2021, 11:12:29 PM »
did funding run out?
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Offline Fish Tank

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #4110 on: July 12, 2021, 11:27:05 PM »
Quote from: hvaces42 on July 12, 2021, 09:17:02 PM
My loan increase went from processing back to the original loan amount!!! What the heck???
Quote from: dandu16 on July 12, 2021, 09:24:17 PM
Same
Quote from: Moshe123 on July 12, 2021, 11:05:41 PM
Same on one loan. Interesting.
You guys got an email about it? Or you randomly checked?
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Offline happyyyr

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #4111 on: July 12, 2021, 11:55:02 PM »
Quote from: hvaces42 on July 12, 2021, 09:17:02 PM
My loan increase went from processing back to the original loan amount!!! What the heck???

What date did you apply for the loan increase ?
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Offline beeweegee

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #4112 on: July 13, 2021, 12:42:43 AM »
Quote from: ShimshonK on July 11, 2021, 02:12:37 PM
For the EIDL targeted advance (and supplemental advance) - any more steps to take at this point or this is where we just wait (see screenshot)?


Have this question too. Do you need to select "review and accept" even if not accepting the loan?
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Offline Moshe123

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #4113 on: July 13, 2021, 03:15:06 AM »
Quote from: Fish Tank on July 12, 2021, 11:27:05 PM
You guys got an email about it? Or you randomly checked?

Randomly check
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Offline hvaces42

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #4114 on: July 13, 2021, 06:27:37 AM »
Quote from: gozalim on July 12, 2021, 11:12:29 PM
did funding run out?
Its a loan. No funding issues.
Quote from: happyyyr on July 12, 2021, 11:55:02 PM
What date did you apply for the loan increase ?
April
Quote from: Moshe123 on July 13, 2021, 03:15:06 AM
Randomly check
+1
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Online cgr

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #4115 on: July 13, 2021, 08:38:52 AM »
Quote from: beeweegee on July 13, 2021, 12:42:43 AM
Have this question too. Do you need to select "review and accept" even if not accepting the loan?
No.
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Offline hvaces42

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #4116 on: July 13, 2021, 09:08:27 AM »
Per SBA  It was declined because  They couldn't verify the business. Which according to the representative Just means there was an address change at some point. They said I will be getting an email  Which allows for reconsideration. They said I should get it in as soon as possible to get back in line.
« Last Edit: July 13, 2021, 09:28:20 AM by hvaces42 »
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Offline JACKBLUE

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #4117 on: July 13, 2021, 11:54:58 AM »
How long does it take from applying for EIDL till you get approved to sign loan docs?
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Offline theblakdavid

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #4118 on: July 13, 2021, 12:04:13 PM »
Quote from: hvaces42 on July 13, 2021, 09:08:27 AM
Per SBA  It was declined because  They couldn't verify the business. Which according to the representative Just means there was an address change at some point. They said I will be getting an email  Which allows for reconsideration. They said I should get it in as soon as possible to get back in line.
Was this an application for an increase or an original application?
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Offline hvaces42

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #4119 on: July 13, 2021, 02:36:31 PM »
Quote from: theblakdavid on July 13, 2021, 12:04:13 PM
Was this an application for an increase or an original application?
Increase
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