Author Topic: SBA PPP and EIDL Small Business Loans (some money is forgivable)  (Read 544850 times)

Offline mgoldman

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #3720 on: April 23, 2021, 11:20:28 AM »
will the Personal guarantee (above 200k) come up on the credit report? can it be a problem for a mortgage refinance? 

Offline cgr

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #3721 on: April 23, 2021, 11:26:52 AM »
will the Personal guarantee (above 200k) come up on the credit report? can it be a problem for a mortgage refinance?
It won't show anywhere unless you default. It's not a proactive measure.

Offline AsherO

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #3722 on: April 23, 2021, 11:28:18 AM »
It won't show anywhere unless you default. It's not a proactive measure.

Don’t they file a UCC?
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Offline mgoldman

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #3723 on: April 23, 2021, 11:32:34 AM »
It won't show anywhere unless you default. It's not a proactive measure.
Thanks

Offline hvaces42

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #3724 on: April 23, 2021, 12:47:53 PM »
Don’t they file a UCC?
Against the business only, IINM. Not the individuals.
Fair warning - Any PMs sent in response to forum posts are fair game for ridicule in public.

Offline AsherO

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #3725 on: April 23, 2021, 01:01:27 PM »
Against the business only, IINM. Not the individuals.

What about for self-employed/independent-contractor EIDL?
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Offline dovy2

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #3726 on: April 24, 2021, 09:41:07 PM »
Anyone here got already funded for a Non profit's for the Targeted advance?

Offline Mordyk

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #3727 on: April 24, 2021, 10:07:48 PM »
My EIDL Loan does not show button for increase :(
Bump.   Does anyone else have this issue?

I got the email to login and request increase. But when I log in the button isn't there
#TYH

Offline Fish Tank

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #3728 on: April 24, 2021, 11:30:56 PM »
Bump.   Does anyone else have this issue?

I got the email to login and request increase. But when I log in the button isn't there
Try a different browser or incognito .

Offline Mordyk

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #3729 on: April 24, 2021, 11:40:46 PM »
Try a different browser or incognito .
That doesn't help
#TYH

Offline zh cohen

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #3730 on: April 25, 2021, 12:57:10 PM »
Has the SBA started sending Targeted EIDL Advance invitations to those who did not get any advance?
« Last Edit: April 25, 2021, 01:02:00 PM by zh cohen »

Offline Dave321

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #3731 on: April 25, 2021, 04:19:51 PM »
has anyone gotten the 350k increase?

Offline TBD

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Offline cgr

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #3733 on: April 26, 2021, 08:48:35 PM »

Online Ver hut gazugt

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #3734 on: April 26, 2021, 09:54:03 PM »
Is anyone else experiencing sba login site not working ? 

Offline Mordyk

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #3735 on: April 26, 2021, 11:01:42 PM »
Is anyone else experiencing sba login site not working ?
yup
#TYH

Offline dovy2

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #3736 on: April 27, 2021, 09:08:32 AM »
Was very buggy last night. Works now very smoothly.
Yesterday after signing, it kept on giving an error. Now finally got the button to submit for processing.

Offline yitz1000

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #3737 on: April 27, 2021, 02:13:09 PM »
I see most of the recent talk here is about EIDL. Are there some people here still waiting for funding on PPP draw 2?

I did not apply until this week. I applied with BV as I did for draw one. Just wondering how the experience has been, especially in comparison to BV with draw 1, in regards to speed/issues.

I have 2 applications currently under review. TIA!

Offline TBD

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #3738 on: April 29, 2021, 10:56:19 PM »
For the Supplemental Targeted Advance program, starting April 21, 2021, the SBA began sending
email invitations to businesses that applied for the Targeted EIDL Advance and are potentially
eligible for the Supplemental Targeted Advance. The invitations include a link to the Targeted
EIDL Advance portal where businesses can submit their applications.

https://www.sba.gov/sites/default/files/2021-04/Targeted%20and%20Supplemental%20Advance%20FAQ_FINAL-508.pdf

Offline Moshe123

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #3739 on: May 03, 2021, 01:18:35 PM »
SBA started merging online accounts from the same SSN even with different companies. Don't tell you. You just won't have an account on one login and they will just show up on another account.

Happened by me when the option to sign for the tax transcript came up and it was signed.