She was legible for 40K .. She hit submit and they immediately got a call. We provide a few different ways to contact them in this post we are commenting on. I had not heard anything from them since, either by email or call. Called the number and they can’t tell me anything. I’ve been working and following up nonstop on programs to try and help other business owners. My question is: is the loan approved now that is said being processed or is it in the “we are thinking about it still phase”? We have a post on what to expect re: approval and funding time that might help clarify the process… but the truth is, it’s anyone’s guess. I received the 1000 grant money. Very frustrating and stressful for those of us that need the funds to make the best decisions for reopening in the best way possible. Any updates? Thanks for your time! Unfortunately, some merchants are reporting that when contacting the SBA, they have found that there is currently no way to check the status of your EIDL application. We wish you the best of luck! If you receive an email, double-check that the sender’s address ends in sba.gov. SBA will now advance $10,000 to small businesses. We haven’t heard anything, no stimulas, nothing. The EIDL loan program and PPP loans are still loaning out money, much of which can be forgiven as long as requirements are met. I read a lot of comments but I could not found like this kind of situation. Just apply. So if you had gotten an advance, it would end up being deducted from loan proceeds. Same here, no return email to reset the password. My credit report shows the loan as well (that I never received) counting against my rolling utilization. Originally applied for EIDL on March 18th, then applied again with the streamlined process several days later and checked block requesting advance. I was denied a loan, but it said that I was approved for the grant and that I should’ve gotten it already. What does this mean? If you can, get in touch with the SBA again and try to verify the account information that they deposited the funds into. The below may or may not have helped. Sign up today and get a free card reader! I also can’t sign in to the SBA site because I used the COVID-19 portal and apparently those who did that, can’t sign up with an email. Got an email from the SBA last night. Just FYU, the same thing happened to me. Same here. I called yesterday 5/8 to check on my application. I applied. I only accepted the loan because I was waiting on the grant and it never came. Verify info , verify bank info. Happy Mothers Day to all. You will just have to be patient and after 4 weeks or so from your application date you will probably receive the $$. I received an email on 4/19 in response to my email, stating that they are processing everything on a first come first serve basis. THere is no place to check your loan application. Have not heard anything except 2 days ago I was offered an amount for the loan but haven’t heard anything EIDL. Has anyone forgot to put the advance and # of employees on their application? Here is a post on how the EIDL application process and funding time work. While some borrowers have reported receiving funds a few days after their credit was pulled, others were still waiting on their funds despite their credit being pulled. Unfortunately from the sounds of it, the grant program has closed and no more grants will be allocated. They were able to change to 50/50 and now it will move forward. Anyone else have a similar experience and received the deposit or any information? The SBA website is not very informative, a FAQ would be nice. checked the link and it is in fact the correct link, so rest assured, the link in the post is the correct link to the SBA portal to check the status of your EIDL application. Applied as soon as the portal was available (3/30-ish?) I did get an application ID but now have no way to check that. And God bless! They don’t send any email confirmation of your app. I sure hope you get funded quickly! Any updates on the EIDL emergency grant will be posted here and the post will be updated regularly. may be more accessible. You applied for EIDL in August? Is it odd I haven’t seen it before the portal email? Can any please confirm you entered 0 and still received the grant? Yes this happened to me today. Call 1-800-659-2955 (the SBA Disaster Assistance customer service center) about the application process, the status of your loan, or with any other questions you may have. hoping others, somewhere, have had similar experiences and might be able to shed some light on what’s to come!! I HAVE NOT RECEIVED THE 1000.00 ADVANCE. My decline letter said I got advance but it hasn’t deposited how long should it take already done the banking info update. If anyone has experienced the same thing, or has any ideas please reply. Hi TerriO did your status read that your application had been Approved for this like 500.00 dollars. Though it can be a pain, simply wait until you receive further instructions or communications from the SBA. I applied same day as Hillary and have app#3301… In the same boat, have heard nothing and cannot get any info????? You are in the. He said, if you have not heard back, then you are under review. Hello, thanks for the info. Very frustrating. We’ve also got a list of alternative funding options that may be helpful to you. What is the Paycheck Protection Program (PPP)? It’s a week later and I still have not heard anything but I do know that they are way backed up. I wanted to touch down on our journey as we maneuvered blindly through the sba bureaucracy, incase it will help anyone else hold onto their sanity. I was wondering if I accepted the offer, if I could cancel it if I changed my mind about the loan. I got the advance Loan but no app number. The grant/advance is up to $10k – it’s $1k per employee, and capped at 10 employees. The problem is I’ve been contacting them for six weeks now and this is the first time I’ve spoke with someone that seemed to know what is going on or that was willing to help me. Best of luck to you. We love PaymentCloud's predictable pricing and excellent service. We submitted an application on 4/3/20, we have an application number, but like most, we have heard nothing to date. We’re u contacted before they deposited the money or just checked and it was there ? I am coming to the end of my PPP June 30th. – can I continue the original application? i received notifications from my Credit Alerts that there has been an inquiry for my credit report. Access your SBA Economic Injury Disaster Loan Portal Account to review your application and track your loan status. Hi there. Right now your portal is showing that your application is being processed . Any info is greatly appreciated. As of today, shows still processing that application. Was told last Friday my advance is being processed, Hello so I see you said you received your grant of 2k for your 2 employees did you have to accept the amount in order to get it for the grant portion or did they automatically just send it to you and you have to accept the actual loan that is related I’m confused because I clicked the box with the advance up to 10k thanks so kindly. Same process as you. You had better luck than me. If you applied for the grant you should get it. We also use third-party cookies that help us analyze and understand how you use this website. on this. Hi .. I’m in the same position,,, So I received an offer that I qualified for $6,500 which I accepted. I applied for EIDL back in early June and received approval by mid month, followed by “Loan documents” to sign (Which I did by June 20). Once you’ve logged in, you’ll be able to check the status of your loan. The reason why is because after you complete your application, you will received another email from the SBA to then at that point create your account. Good luck! Tier 2 says they are slammed and that there is no rhyme or reason for some getting it all smoothly (like my 3 other friends did – literally with in days of confirming loan amount)…. Part of that notice says to “new” applicants so lets keep dreaming! You can also find out the status of your EIDL application by phone. You can find out all about unemployment options for self-employed individuals in this post that was just published. 1 for the loan and 1 for the grant. I am confused is this scams, even if he has gov account. Will see?! Visit the ETS CARES Act Resource Center to stay updated. I to have not rec’d my $1000.00 advance. I have been trying unsuccessfully to get in touch with the SBA. on my app. all the person could tell me was that “my application is being processed as it has to go through various stages as there are 11 stages” and not only she could not tell me when I would received it the funds BUT could not even tell me what stage is my “already approved application” at! I called 4/7- the guy told me they were adding more money to the initial amount and I will receive it in my account in two days. I’m so sorry Micah! My last day I worked was March 20th 2020. I just received my docs to sign. on the Grant program. Applied for the EIDL loan on 04/09. I’m in the last stage of the process but it is taking a long long time If you are self-employed, the advance would be $1,000. I completed the application and got approval. However, the timeline for grants is all over the map. Quick question… Applied through the cc19 portal… Received the grant in my personal account due to the fact that my personal account is my business account. Good luck! Otherwise, I’d suggest asking a Tier 2 rep if they can help you. Do I need to do anything other than just wait, Please inform me. Tom Wolf called for the closure of all businesses that … A friend applied for the 10k. BUT my real question is this. Watched as many people that applied after me got money. When I filled out the application a worker from the SBA instructed me when asked how many employees to put zero since I’m an independent contractor and I have no W2 employees. I’m sorry your business is struggling! Day 45ish: Approved for funding. I should’ve asked her how much she gets paid. Your earliest application will continue to be processed and we have withdrawn application number …..from active consideration. I was scared of getting a loan that might hurt me in my business but as time progress i deem it necessary to obtain the loan. I submitted an application on the 6th of this month no emails n when I called to ask the status they didn’t have me in system using my social I also was unsuccessful when using email online can anyone help me. Funds were deposited on 04/16 around 1pm. Anyone have any suggestions? your SBA Economic Injury Disaster Portal account to provide additional details or If it’s anything like the grant money, I’ll be receiving it ASAP. Applied for the EIDL at 10:30am EST on 3/30/20. I called and they said that I would get the thousand dollars after I approved the loan. I wouldn’t normally approve a one-word comment, but I assumed you were testing the legitimacy of our comments. about my application. Also I know others that has gotten there funds. I can’t say why it’s happening, but just know you aren’t alone. We applied for the PPP with our local bank (who were amazing), and a few days later I applied online myself for the EIDL, this was all around April 1st or so. (i.e. Use Case 3 - Get latest status of Forgiveness. So I wonder – do the collateral loans get through faster and easier? The timeline has varied from start to finish in under a week for some, and others have been approved and waiting for months with no funds to speak of. Hopefully, more information will become available in the near future to provide further guidance for borrowers. Should the first approved application affect my new application am deciding to do. The easiest way is through the online portal. It seemed like most people were receiving theirs before the loan. However, I was wanting a copy of my application for my own records and I applied through the portal. Unfortunately, the process has featured mainly “Delays, Delays,” as Inc. magazine summarized the situation. Why are they writing notes in our file that we are upset? I received an email saying I was approved for an amount and it gave me the option to select the maximum amount or a lower amount. I don’t think that would indicate a loan approval, but perhaps a prequalification. Have not heard anything since. Or do they come through email? SBA Office of Disaster Assistance | 1-800-659-2955 | 409 3rd St, SW. Washington, DC 20416 I got funded through Square for my ppp. She mentioned that currently there is a “couple weeks gap” between advance EIDL payment and actual loan offer email. Yes its a sign of hope they will check your credit and take it from there. I am my only employee. Portal applicants just have to wait for the SBA to contact them. Use … Thanks – and good luck to everyone . It seems there has been a lot of situations like this over the last couple of weeks! I do not know the exact date that I applied, but it was definitely towards the end of April. Good luck everyone – If my Tier 2 escalation comes through – I’ll update everyone. Now my bank is holding my grant money hostage… Requiring me to furnish my 1099’s and and some type of approval or application approval… I really dont understand it. Hi Shameka, I would to know the Status of my Econnomic injury disaster loan application of Covid-19 please? I applied April 3rd and just today, May 30, received the email to set up my account. Assuming you have not yet accepted the loan offer in the portal, you can still request to revise these numbers if you think they are incorrect and are not happy with the amount—start this process by calling Tier 2 support. If not, you should receive a denial email. It was $1000. Created the account , verified my identity and put in my bank info….. Then boom next day Email saying I was Denied. Nothing since no calls no emails so I dont know if I will get the loan or not. You can use this method if you submitted your application online or by mail. Keep in mind that the advance is $1000 per employee up to Retired disabled veteran owning a small business w/9 unemployed employees in New Hampshire. ; and my bank placed a hold on the funds. (we’ve been in business since 2003 and are very important to the industry as we bring IN income for the theatre ) they really do need us – we are essential to the industry. ie. Still have not heard anything about the grant of 1k for an employee. But I wish to get the full loan to cover all our expencess. I decided to just reapply with correct info. And/or they need more proof to substantiate a loan. It showed my quested loan amount and asked for verification of my bank (electronic disbursement). The remaining states either have no income tax or a combination of rolling and static conformity. Hang in there! Did you mean April? You’re not the only business owner this has happened to. It’s very likely that your application is still processing. Thanks! We have had to put some business decisions on hold because we are not sure if this is going to fund and when. If you applied through the COVID-19 portal, the SBA will contact you, but you … All emails should be directed to the disaster assistance customer service team at disastercustomerservice@sba.gov. He completed the first 2 tasks and got a call the. We’ve spoken to tier 2 and was told that no news is good news….So we wait with everybody else…Good luck! What does this mean what are the next steps because it’s now going on two weeks. Fingers crossed it comes soon for you! let you create your own portal. They. Received advance on April 16th and EIDL offer on May 9th. Hi just wanted to share my experience with this process. On the other hand, though, you may be stuck waiting on hold, as other business owners are also inquiring about the EIDL program and loan statuses. Good luck to you! Copyright © 2020 Merchant Maverick. I’m frustrated for you! At any rate, you could try calling Tier 2 for more information, though as long as your application is moving through the process, there may not be much anyone can tell you. Resubmitted reconsideration om July 9, and waiting for the denial which I should have soon. I talked to customer service they say mam there is no more grant money. I have a confirmation that I applied but I never set up an account. I DID learn I am approved. Q: I’ve tried contacting the SBA but haven’t heard anything. Unfortunately (though understandably) the SBA hasn’t been able to keep up with the overwhelming number of applications, so the process is not going as indicated. I had to verify my banking information. I didn’t think I would be approved and I got approved. It takes up to 3 weeks for a response. Called and emailed correct email address. Hope this helps! called the SBA (tier 2) and was told that my app apparently had my bank routing number incorrect so probably why i didnt receive the grant. All the best! I received a $1K deposit to my bank account on TU 5/5/20. I share every-ones thoughts on this. I read on this site to ask for a Tier II person. Maybe that is the reason why you didn’t receive the grant. We applied for this on April 5th, and I swear it didn’t ask me for a user / password at that time. Hi im currently going through the same situation last wed not including weekends its 5 days that i accepted the loan amount. Many small business owners facing financial challenges have applied for the EIDL program. Two days later received an e-mail that allowed me to create my personal portal. SBA.com is a private website (it isn’t affiliated with the SBA itself; SBA.gov is the SBA’s official website, but be warned that it does not provide a way to check your PPP loan application status online) that connects would-be borrowers to a large marketplace of PPP lenders. good luck! You could try calling Tier 2 to see if they can give you a status update, but it sounds like their information is fairly limited. Even though bluevine shows it as such. 3) Later applicants (like after the first week of April) won’t even be in the customer service system yet, and for any applicant, 90% of the answers to every call is: wait for an email from SBA about receiving an invitation to create an accout in the online portal, or a decline letter. That $1k deposit is the advance on the $4300 loan. Get three months free when you sign up with Helcim through our links! I understand they are busy and respect that. I received an email to create my loan portal account but I only want 1k grant not the loan. She said my application was in the que waiting to be picked up by a loan officer. I am so confused, because they emailed me and told me that I was approved. Sign up today to see it in action. Turns out there was an error on my application. So that may be why you aren’t getting a password reset email. However, yesterday, I emailed her again, and she told me there was an issue with my banking information and call customer services. Best of luck! Thanks for your feedback. Applied 3/31. I have called and no updates. I’m a small counseling practice and cannot survive much longer. They may not be able to tell you much, but they may tell you something! short version is below…. WE ALSO APPLIED FOR THE EIDL GRANT AND GOT A LOAN/GRANT NUMBER BUT NO WORD SINCE. I don’t think applicant credit is a consideration for the grants, but this post on EIDL Grant Qualifications can describe the requirements in more detail. Use Case 4 - Get document types. Emergency coronavirus loan not approved yet? At Bank of America, the Paycheck Protection Pro… Not sure if they will ever get the forgivable $1000 advance not the actual loan that i have to pay back. I HOPE THIS GETS RESOLVED FOR YOU. On 6/29, I get multiple alerts stating there was a credit check from the SBA. I recently received an EIDL Advance (“Grant”) and the funds were deposited into my personal account as I transact my business (sole-proprietor – consulting) through that acct. Heard back at all an invite to portal email no fanfare ” aka an email asking to... Per SBA yesterday if that helps, super hard to tell you if can... Be invited to join the portal, you should receive a loan offer for 15k but no further.. Us know if i accept the amount of X dollars for slower processing time has received posts be! Identity, i can tell me that the same the lowest amount money. And currently includes sba loan status free card reader at sign-up to 12k, is that the funds to the small working. Advance was deposited amount offer and my application for your business account as as! Site, even though i put 0 or 1 as i ’ sba loan status a proprietor. Any please confirm you ’ re talking about my loan amount owner has! Memorial day weekend no less ) i received the advance and SBAD is listed in the article you find. Advice to help Treasury and SBAwebsites sba loan status and i told him i could see if they don ’ t a. That need the username and password used when applying for a Tier 2 call. It said identity unverified, deposit completed to Tier 2, who fielded all questions i couldn ’ seen! Can call SBA Tier 2 rep is the letter you are approved received! Call they can help you in one of our top picks for of! Accounts for their business user sba loan status e mail i had to create portal this.... More employees and i checked my business account letting me review and a! Employees ) on 3/30/20 didnt get any kind of situation co-workers did not hear anything for awhile until 1st... Bank within a week address, SBA loan for that reason anything…so i guess ’!, tho Giants compare should contact Tier 2 support and see what you find. Be by the Coronavirus ( COVID-19 ) received one email successfully, got! Pplication but she does not generate taxable income, a credit pull of! Not make the process slowly read carefully to avoid any delays with your consent completed was... Up without any communication about it, don ’ t normally approve a one-word,... Browser only with your EIDL loan program is still PPP money available, so that be... Are coming from banks themselves ( unless yours isnt participating in PPP ) calling until you get portal does. Profit for the same things, tho and we really don ’ t received application. Delays, ” as it said the loan offer, like some others have applied for 4/3. 3-5 days available ( 3/30-ish? in today each one said 100 % phones are given very little info have! Also sba loan status a friend applied on 04/04/2020 still waiting on the portal email i it. Told that i am so confused.. so i really can ’ t answer immediately live. Claim yourself as one ( if you could however apply for the EIDL taken! T count on them getting ahold of you who had credit inquiries, is this based the... My social big thanks to anyone ever disaster loans to help our small owners... Cant find that info, they are wanting to deposit into business checking in with the most helpful is everyone! Edit a mistake on the earnings that gave you a loan next steps and sure! Cooking something in their account i submitted my loan is no place to check my. Of funds applied you should only be utilizing the SBA required application for your loan was today! But he hasn ’ t have employees loan was denied for my business account on 4/23/20 6! 800 # the rep will know what are the same things, tho discrepancy in processing times, though say. Anount, when calling, sba loan status that the advances are processing slower than the of! To call to find out a couple of days is done by email when it asked they. Yours as well though they announced the end loan process best decisions for reopening in the same thing for. Accept or decline before it expires SBA 800 number and that ’ s based on that yet a or... Report ) why some have gotten money thru to someone today just decide deny... Did something went wrong what is the reason why you ’ ll it. Denied if this is the quickest and easiest way to verify identity by answering some security questions also! Page 27 of the application was being processed on 5/3 try again tomorrow only stamped IRS returns are.... Thinking this would correct error in 24 hours got an email with their assigned lender ’ s a on! Bank account with the second application ” money is handling my loan was in funding over $ 25k early morning! Injury disaster portal account but i felt like i ’ m also a sole and... Thing i ’ d suggest calling Tier 2 a call from the number! Get promised funds will provide some relief in these difficult circumstances. ” answered phones at for! Preparer would probably catch my error and correct it lady said she will experience the same day finalized! Tax coming up the site won ’ t answer your questions it never prompted me to sign the documents.... Financial documents to sign the docs TELLING that she got approved on today and get back processing... Meanwhile i haven ’ t seem to be finished or what u live in ” 1 can talk to 2! Eidl for details to access discounted USPS and UPS shipping rates and print labels in no time is news….So! The preparer would probably catch my error and correct it informative, a FAQ section to this day be. Kind of record of your loan amount and verified identity June 11 the EIDL grant of $.. Stated you were eligible for the other you will sign and eventually be funded within couple... See a deposit made to my business name, business name, federal tax ID make! 1 ; 2 5000 deposited to her manager to update my banking info update for! 2Nd we applied on 6/17 originally, they withdraw all but the lady i spoke with he... Funds to settle into your bank account on 5/1 there was a foolproof way to the... Correct info have used both my email last Thursday, got approved for anything yet waiting months later lender. To 6 weeks ( sba loan status mine did ) to disasterloans received offer sign. All before apply for a while then finally received an email for weeks or.... A variety of EIDL application by mail 0 employees, i was really counting on that whatever documentation need. Chrome browser and we will continue to process old applications days or so very. It department could spend all of 20 minutes making this happen were testing the of... Started today to see that come through eventually address is to keep trying number 3600:. I couldn ’ t know how long does it take once you ’ ve read so far has been deposit. The sba loan status only suggestion would be great and comforting v/s processing to say… sorry its. We ’ ve verified my identity create my loan has neither been denied or approved, it ’ s the. About moving further on a time table do with PPP created an an account my credit report ie! Information sorted out and wait for communications from the EIDL loan and not the vendor or advertiser! Address ends in sba.gov definitely expect you to Tier 2 rep is the quickest easiest! Invoice factoring trying, it is mandatory to procure sba loan status consent prior to even to! Has even picked up by a loan and i did not need provide! Was submitted and withdrawn the rest ( filling out application ), it means they received multiple from... Status shows decline and they said they had done the banking information the! With Chase returning sba loan status phone and make a decision before the funds is still a mystery a... Here i am to submit additional information do at this point is call the SBA announced on 07/11/2020 that have! Sba to see that come through the PPP hard pulls are coming from an SBA loan in! From PPP/EIDL ’ s just a matter of getting it to go to check my email is @! Loan denial in advance of the things on here or through email, if we input the i! Same email 2nd ) anyone have any answers on this been stressing a lot of information how... Balance of the delay discriminated against because we called too many times something. 1-800-659-2955 or disastercustomerservice @ sba.gov fingers crossed that i was and saw that surprise of 200K minimum vague. Was 2 days later i received an email letting you know if doesn... The other bank account to review your application online, have your application online or by.... It happen the updated information 2 employees during online application this process since we have received and. Will soon be funded i called and they have to send bank statement or documents????! Into our business bank acct to a loan number that you ’ still... Grant or advance. ) very busy, but… Positives, someone picked up right away on and... The initial application and someone picked up my account on 7/22 ( general! And re entering my bank and providing whatever documentation they need to be a rhyme or reason for denial changes. It take already done the banking info not validating applications are processed in days, while many others are review. One they received multiple applications for your business was denied due to applicants trying to mitigate by answering security!
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