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ithad2bme
LSU Fan
Houston transplant from B.R.
Member since Sep 2008
3100 posts

re: EIDL Increase Email
No news?

We still don't have an agent assigned two months after applying.


Rust Cohle
Baton rouge
Member since Mar 2014
1478 posts

re: EIDL Increase Email
I saw an article saying that they were about to open up EIDL grants for new business. Im like, what about the original ones!

LINK


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greygoose
Auburn Fan
Member since Aug 2013
5528 posts

re: EIDL Increase Email
quote:

Have you been told that your loan is approved pending funding?

Nope. I've still got the "Your loan modification is being processed".

I called the first of last week. The very disinterested person who answered the phone, repeated that to me. I asked if the loan officer had received the tax transcripts, that had been requested over 6 weeks ago. She said "no", but the way the acted over the phone left me thinking she didn't even look. Just gave me an answer. I asked what could be done. Crickets. I then asked if what the plan was if they did not receive them in a timely manner. She said I was more than welcome to call the IRS. Useless phone call. I even resorted to sending an email to the SBA to the email address they provide in the portal. I got an immediate, automated response that directed me to their website for general information about the program.


VABuckeye
Ohio State Fan
Oak Hill, VA
Member since Dec 2007
29569 posts

re: EIDL Increase Email
Yeah, we are at the step where we're waiting for the loan modification documents so we can sign them and then get disbursement. At this point that step seems to be a holding pattern.

ETA: What does is say above your dollar amount? Ours says the amount is confirmed which means it has been through the loan officer, underwriting and compliance steps.
This post was edited on 6/10 at 8:17 am


greygoose
Auburn Fan
Member since Aug 2013
5528 posts

re: EIDL Increase Email
quote:

ETA: What does is say above your dollar amount? Ours says the amount is confirmed which means it has been through the loan officer, underwriting and compliance steps.


quote:

Status: Amount Confirmed
$500,000


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VABuckeye
Ohio State Fan
Oak Hill, VA
Member since Dec 2007
29569 posts

re: EIDL Increase Email
We are in the same boat there. Let's hope we both fund in June.


greygoose
Auburn Fan
Member since Aug 2013
5528 posts

re: EIDL Increase Email
quote:

We are in the same boat there. Let's hope we both fund in June.

Leave it to the government, to come out with a plan to help small business recover from actions the government took that hurt small business, then drag their feet over the implementation.


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greygoose
Auburn Fan
Member since Aug 2013
5528 posts

re: EIDL Increase Email
Got an email response today:

quote:

Thank you for contacting the U.S. Small Business Administration Customer Service Center regarding assistance related to the Coronavirus (COVID-19) Pandemic.

We are in receipt of your increase request and have requested required tax documentation from the Internal Revenue Service (IRS). We will complete the processing of your request once the necessary information is received from the IRS.
This post was edited on 6/10 at 6:18 pm


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Nephropidae
LSU Fan
Brentwood
Member since Nov 2018
1540 posts

re: EIDL Increase Email
quote:

Nope. I've still got the "Your loan modification is being processed".
mine says “There’s been a mistaken glitch in the processing system” and my amount confirmed went to $350


greygoose
Auburn Fan
Member since Aug 2013
5528 posts

re: EIDL Increase Email
I just received another email. This one directed me back to the portal to sigh ANOTHER 4506-T! This one is for the Targeted Advance and only for 2019. The last one they wanted signed and submitted was for 17, 18, and 19. That was two months ago, and as of yesterday, they still don't have the transcripts!



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