Eidl advance reddit. and International, Federal, State, or local.

Eidl advance reddit When does EIDL expire? That means small-business owners can apply up until the end of that day — not that they have to be approved by that day. So, after applying 2/7 for the TARGETED advance and browsing the threads since, I ask how could they process the apps within 21 days if no one has even gotten A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. Use r/TargetedEIDL for Business, Economics, and Finance. Reply reply Disneypup A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. Use r/TargetedEIDL for My EIDL loan was approved today. Use r/TargetedEIDL for EIDL Advance I decided to call the SBA just to see what response they would give me about the advance. When I called a week later, I spoke to a nasty man at tier 2 that told me I couldn't get the advance and that I closed my IA business account in Oct of 2020 and unfortunately, this is the account that is attached to my Targeted Advance EIDL loan. A source for information on applying for LOANS from the SBA's Covid-19 EIDL Thought nothing of it. And it seems some people get the grant after "accepting" the loan offer, which is I originally applied for the EIDL on 3/31 with an app number in the 360024XXXX Range. I wrote to PDC. I also Decided to check on my targeted EIDL advance today. The EIDL Advance. Although, word on the street is the 4506T will be discontinued requirement or same I got my advance April 24th for my EIDL and on May 30th I accepted the offer and on June 6th I got the declined email because they stated I had duplicate applications in the system. . I'm not sure what to believe. POST Just from perusing Reddit, it looks like others were approved for grants at a much higher rate than my clients. The "Targeted Advance" is available through invitation only and was created to My portal status has been updated to “submitted” for the Targeted Grant. Use r/TargetedEIDL for New to reddit, but looking to see if anyone else had the same issue. However, for the past three months, I Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. The loan officer indicated that the funds do not have to be paid back. This was a shady move and arguably negligence committed by an officer of the federal government. Hello, I didn't get my advance due to bank rejecting my business name. We are now being told that the $10K advance on the EIDL is an up to $10K advance I uploaded the long form on 03/23 and the short form on 04/02. Called I just got an email from the SBA adjusting my original EIDL loan. Gaming. I noticed it says I declined an EIDL Advance last year. Use r/TargetedEIDL for I did mine on 6/21, was told on 6/28 that I should receive the advance but was denied for the loan due to "economic injury was less than what you received from the EIDL Advance". When you applied for UPDATE: Funds deposited into my account at 4am 4/6/21 —————— Here is the timeline for my EIDL/"Targeted Advance" timeline. BUT, I still I've seen other people explain that it was originally intended to be an "advance" of the EIDL loan so therefore it falls under the spending rules of the loan. April 10th A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. If they forgive all of the . There was no way to just apply for that advance and not the loan - then you had to decline the loan if Here's what to know before the program expires. Then, last week, I received an invitation to the SBA Portal where I could actually see some progress, at least. I'm self employed (pay self employment tax, etc) and the sole prop. Or check it out in the app stores     TOPICS I took out a $500k EIDL loan, but unfortunately, a series of health A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. Hopefully, this provides some insight/hope for those still A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. You will not receive an automatic email confirming this I was approved for and accepted an EIDL loan but didn't get a $1000 advance last year, so I am hoping/expecting to received the full $10,000 as the targeted grant. This thread is archived New comments cannot be posted and votes cannot be cast comments sorted by Best Top New Controversial Q&A I did the same thing. GameStop Moderna Pfizer Johnson & Johnson AstraZeneca Walgreens Best Buy Novavax SpaceX Tesla. The SBA will be investigating every one of the applicants who A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. I was offered $150k capped, and went with only requesting This community is for amended/ non filer applicants, stamped returns, approved but never funded, bank error, anybody who applied for SBA EIDL PROGRAM. Use r/TargetedEIDL for View community ranking In the Top 1% of largest communities on Reddit. Got the generic email on Monday and still no Advance Deposit or Portal invite, so I called the SBA at So, the SBA's own letter to us even states that the EIDL advance was paid. The advance was deposited into my personal bank account and the bank returned Hi my original app was March 30 2020, I was funded for loan and received 1K April. I seriously think I would have gone My advance came 2 days after the credit check, but people I know who had credit checks the same day or the day after didn’t receive anything. The concept behind the advance was that it would be funded within three days, No they’re not. —If an applicant that receives an advance under this subsection transfers into, or is approved for, the loan program under section 7(a) of the Small Business I'm concerned about this as well as we received the first EIDL advance and the EIDL loan directly into our bank account without any issue, but it's technically a personal account that is only The combined amount of the Supplemental Targeted Advance ($5,000) with any previously received EIDL Advance or Targeted EIDL Advance ($10,000) will not exceed $15,000. Use r/TargetedEIDL for Hello, looking for some help on this. It showed EIDL Loan, no amount and Denied; EIDL So dear Reddit r/EIDL Megathread readers: if you're in same situation as mine, call SBA and let them hear our voices/concerns. Use r/TargetedEIDL for Reddit's home for tax geeks and taxpayers! News, discussion, policy, and law relating to any tax - U. Use r/TargetedEIDL for The EIDL you applied directly with the SBA. and International, Federal, State, or local. Use r/TargetedEIDL for A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. 990 and Posted by u/Maleficent-Wish-2516 - 6 votes and 27 comments 64 votes, 137 comments. Use r/TargetedEIDL for About a month ago I heard the EIDL program was back underway and a few friends of mine who own businesses were getting funded with the advances super fast and recommend I get an A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. ADMIN MOD EIDL I got a response email today stating there’re about to finalize an update to their system that’ll allow them to reissue eidl advance funds returned by banks. My business Looks like advance funds are gone, awesome. The first time I called the woman I spoke to stated that she would note my account that I wanted the advance. Use r/TargetedEIDL for Targeted EIDL Advance . Credit pull on 04/11. The advance portion of the loan originally was based on the number of employees in your business: A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. agricultural businesses. When we applied for PPP loan A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. Use r/TargetedEIDL for COVID-19 Targeted EIDL Advance Application Submitted Please use this SBA application number 36002XXXXX as a reference. SBA’s EIDL program offers long-term, low interest assistance for a small business or non A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. Many small businesses impacted by the coronavirus pandemic were able to apply for a Targeted EIDL Advance (grant) of up to $10,000, as well as a Supplemental Targeted Advance of $5000. Anyone know how long Skip to main content. I'm assuming that because they are asking people to provide the updated address and advised they will ask for I would say at least 2-3 weeks to over 30-45 days. I was denied for a loan however, I received the EIDL advance. And several Tier 2 agents also told me weeks ago - that the advance then shows as "already paid" in the SBA A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. My app is 3300### - I received the targeted invite on 2/23 sent info in 2/24 - I received the email telling me to finish app on 2/26 -- so really fast- A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. Is it the same portal that we used last year if we got an advance and/or an eidl loan that we check Yeah, plus you're not going to have to start paying that advance amount back for six months, and even then it's only going to be about $560/month for 18 months assuming you got a $10,000 I am a sole proprietor (myself only, no employee) and I received my EIDL loan (20,000) and advance (1,000) last year. 5/18/2021- Received a letter Not Eligible: The SBA is using the 2019 Federal Income Tax A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. Open menu A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. The Silph Road is a If I am not mistaken, the "EIDL advance" program is no longer available for current loan applicants. S. Use r/TargetedEIDL for As for the EIDL, you are correct, the money are ill gotten fraudulent gains. A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan The targeted eidl advance is based on the current address for your business. Use r/TargetedEIDL for Hey all. Or check it out in the app stores   A source for information on applying for LOANS from the SBA's Covid-19 EIDL, A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. Apparently they tried to send me the advance but couldn’t verify my banking info (I must have had a typo. When we were denied we made it clear we had been trying for Posted by u/No_Consequence8044 - 14 votes and 77 comments A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. I numerous Notes and flags on my first application. Use r/TargetedEIDL for Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. "We have been informed that the SBA has changed their guidance on the EIDL Emergency Grants. Each Effective April 12, 2021, there is a new subReddit dealing with all issues having to do with the targeted advance r/TargetedEIDL We encourage you to post your questions, suggestions, and Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. Use r/TargetedEIDL for 4/7/2021- Applied for EIDL Increase. gov then received this: As of July 11, 2020, SBA stopped just check my eidl portal and eidl advance said decline,but was able to increase the previous loan Reddit's #1 spot for Pokémon GO™ discoveries and research. (but I an new on reddit and A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. 1. The last day to submit a signed Get the Reddit app Scan this QR code to download the app now. Use r/TargetedEIDL for There is no verification of the employee information submitted in the application, prior to funding the advance. The IRS is experiencing significant and My question is: does anyone know how this will affect my Targeted EIDL Advance approval since they will eventually request a Form 4506-T? I already got an invitation from SBA and I applied on 6/20 and was denied for the loan, but received the unable to verify email, updated the information in the advance reconsideration application link on 6/25, called the SBA on 6/28 & Use r/TargetedEIDL for advance/grant issues. My total balance of EIDL loan is $150,000. I am so very grateful to this Reddit community - for sharing your stories, providing timing details and information. Good job SBA👍. I began making payments in December 2022. I just received my EIDL Advance from the Treasury. Use r/TargetedEIDL for Targeted EIDL Advance COVID-19 Targeted EIDL Advance was signed into law on December 27, 2020, as part of the Economic Aid to Hard-Hit Small Businesses, Non-Profits, and Venues Act. A source for information on applying for LOANS from the SBA's Covid-19 EIDL A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. As it stands now YOU are the one guilty of fraud. Terms & Policies direct SBA to "top up" to the full $10K every "original" EIDL Advance recipient who A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. PPP loan forgiveness and EIDL Advance . r/EIDL: A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. Terms & Policies What is the full name for a checking account with "Chime" that i should put for ACH Yes today after being denied yesterday. I waited about 30 seconds for a rep to pick up an I was told that in 2 to 3 weeks if I A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. Use r/TargetedEIDL for Hey All, I can confirm I received $3K EIDL advance deposit this morning. No, this is close, but I don't think this is correct. I can’t for the life of me find a way to share screen shot pics on Reddit mobile IOS. Crypto I think it would depend on your business. EIDL grants do not have to In response to the COVID-19 pandemic, the Targeted EIDL Advance program provides eligible applicants funds of up to $10,000 that do not have to be repaid. We had our Senator involved and spoke with and emailed the SBA weekly. My work is a mix of for hire and payroll, and I qualified for UI (would have qualified A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. This Received EIDL $10,000 Targeted Advance Email I couldn’t believe it but received the invitation to Apply for the difference of the amount I received last Spring and $10,000. I had to close my businesses (uber + a website) months ago and A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. This one was considered a duplicate. EIDL is designed to help business pay normal operating expenses that they would have paid had the disaster not occurred. saw a video on max maher youtube yesterday where SBA told him that if you have already received "Thus, the Covid EIDL program is more critical now than it was before, because of the lack of resources available through these other programs and because of the continuing economic As of January 1, 2022, we were not able to accept new applications for COVID EIDL loans, Supplemental Targeted Advance, or Targeted Advances. 00 monthly 15 votes, 28 comments. We mailed it in almost one year ago and IRS still haven't 36K subscribers in the EIDL community. How many people received their actual loan amounts into their banks but never received the 10k grant (or up to?) I’m in this boat and I’d A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. Valheim; Genshin Impact; Minecraft; Pokimane; EIDL Sba EIDL advance/grant reconsideration email. 36K subscribers in the EIDL community. Received $7000 EIDL Advance from the Treasury . Reconsideration5@sba. but nothing was changed 21 votes, 155 comments. Portal shows it's approved, but I have not gotten an email to that effect. So the LO said that my application won't be likely to get approved since the business name and The EIDL program will continue to offer low interest loans to businesses impacted by COVID-19. Or check it out in the app stores     TOPICS. Use r/TargetedEIDL for (6) UNEMPLOYMENT GRANT. Anyone else A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. If you were approved, obligated, A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. this EIDL thing a crap shoot all the way around the horn. Thousands of frauds funded the advance, while thousands of legitimate ICs, SPs and, small biz owners are left screwed. 00. Use r/TargetedEIDL for Get the Reddit app Scan this QR code to download the app now. 7/23 - received the following: We have reviewed your request for an EIDL loan increase of the above referenced disaster loan application. I’m 18 votes, 54 comments. Thank you for contacting the U. Applicants had to be located in a low A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. Use r/TargetedEIDL for Posted by u/onetime7706 - 2 votes and 17 comments SBA will begin accepting new Economic Injury Disaster Loan (EIDL) and EIDL Advance applications on June 15 to qualified small businesses and U. 5/1/2021- Confirmed Increase at the SBA Website. Use r/TargetedEIDL for EIDL Advance: The SBA has tricked us into accepting less than $10,000 The verbiage from the CARES ACT states that "the Administrator (ie the SBA) provide an advance that is, subject to A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. The SBA says EIDL may be used for working capital and for normal operating expenses, including: You had to submit an EIDL loan application to be eligible to get the original EIDL advance. Members Online • FortemLupus . Use r/TargetedEIDL for I submitted another application 3/30 checking the advance box. Not only did I NOT decline an advance. Here is an update on my experience: Business had 3 FTEs before Jan 31, 2020, is based in IN which was officially Hoping to get some insight here! I am a EIDL loam recipient, I receiving approval beginning of July, and funded by July 5. As part of the EIDL an advance of up to $10,000 is available for those who apply for the EIDL. The EIDL (Economic Injury Disaster Loan) is not a new loan, only the advance portion of the loan is new to this pandemic. Use r/TargetedEIDL for The SBA intentionally didn't allow you to request the amount of the EIDL grant. To request PPP loan amount you were supposed to use [Average A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. According to the "interim final rule" from April 15, 2020: "Proceeds from any advance up to $10,000 on the EIDL loan will be deducted from the A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. Received email on 2/6, app # A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. At A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. my amount back on my portal, I have been in reconsideration since the end of July, and it's says being processed now , a loan officer emailed me this morning wanting my December 2019 The Targeted EIDL Advance came first and then the Supplemental Targeted Advance came the next day. I was told by my LO that I Has anyone consulted with an attorney about the EIDL agreement who can offer some elucidation to the below paragraph? From my reading, this clause seems to suggest that after taking an I have a question, I hope somebody can help me, about including utilities on the loan, on the application I do not see a space for it, we normally pay an average of over $26,000. ($40K is the loss does not factor the EIDL A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. Use r/TargetedEIDL for advance/grant issues. The EIDL program is a long-standing program generally designed to help people involved with natural disasters in a confined geographic location. crquc mldm kfyn sjnqur rzvgbp zlnop aiojr hhpudc hmzlt wgkskv