By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Hot www.forafinancial.com This part of the process can take anywhere from one to 30 days. Beginning Feb. 1, 2021, SBA first reached out to EIDL applicants who already received a partial EIDL Advance (between $1,000 - $9,000). Your application is being processed by the SBA (What's next) ", Still in "Your application is being processed" hell, Scan this QR code to download the app now. I'm in recon due to credit since 7/22, this is from an original application back in May 2020. Credit has shot up considerably. As of Oct. 8, 2021, you can apply for an EIDL of up to. Use r/TargetedEIDL for advance/grant issues. 04/27/2021: Author checked the SBA Covid Relief page today, Amount has been 'Confirmed' and Green block added, 'Your Loan Modification is being processed. Part of me really wants to believe that they're going in "somewhat" order of original EIDL loan date. 2. Business Business, Economics, and Finance. All 3 T2's were consistent in saying I had an LO assigned since 4/22 and transcripts requested on 4/22. For more information, please see our SBA $15,000 Targeted EIDL Advance Grant: Do You Qualify? Being processed means you may be a few weeks atleast to some months before it says "approved or denied". Rather, it represents your acknowledgement of a potential loan amount, prior to review by a loan officer. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. She said that next steps would include two emails, one on the Increased loan amount and a second on the Targeted EIDL Advance. hb```"NVB eama> Q0Awo$RNH1qti5V@vFsu:R|~*0~y*GS^ uwtt00C(D2A!8DP So what's the delay? Your application for the Targeted EIDL Advance is still in processing. r/EIDL - Timeline to signing docs from "Your Application is Processing You will receive an email notification of the application status in the coming weeks. App 3301499XXX, 5/25 - Confirmed all in portal and status at "your application is being processed". SAN FRANCISCO, CA / ACCESSWIRE / December 5, 2021 / The U. Once you accept the offer in the portal, your loan goes to the underwriting department. Your application is being processed. The SBA has all my documents and Ive been told verbally by Tier 2 that Ive been approved. Reddit and its partners use cookies and similar technologies to provide you with a better experience. The Economic Injury Disaster Loan and Loan Advance (EIDL) program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing due to the COVID-19 public health crisis. I applied 1/20 with BlueVine and the literally just submitted my application to the SBA on 2/2. Scan this QR code to download the app now. I have received Loan offer on 07/02/2020, I applied the same day. hbbd```b``OW1D2`)FDHMd]fIk7lvi $A i$Q&gl])>"%h e@ How To Check Your EIDL Loan Status & Avoid Scams In 2023 You can contact SBA's Customer Service Center at 1-800-659-2955. Since then my account say " Your application is being processed " . 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. These loans are designed to help small businesses with the purchasing of real estate, short- and long-term working capital, refinancing current business debt, and various other purposes for eligible businesses. In September, I received an email telling me that I had be declined due to "Applicant requests a withdrawal or fails to proceed", Immediately sent a request for review to "pdcrecons", Three minutes later got a call from a LO telling me that she had canceled my application and that I would need to re-apply in order to try and get past a "glitch" in the system that was stopping the processing of the FUNDING of my increase.
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