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re: Has anyone STILL not heard back about their EIDL loan application?

Posted on 5/24/20 at 6:05 am to
Posted by Big Data
Scotch Fan
Member since Nov 2007
2553 posts
Posted on 5/24/20 at 6:05 am to
Applied 4/6, as well. Nothing, other than the generic emails.
Posted by Whodatforlife21
Big Easy
Member since Apr 2013
1896 posts
Posted on 5/24/20 at 9:36 am to
I called them, and they declined me for the loan because they claim the retail industry didn’t get hit hard during the pandemic. Now I emailed the recon email address to fight for my loan.
Posted by wasteland
City of peace
Member since Apr 2011
5600 posts
Posted on 5/25/20 at 12:44 pm to
I just received the approval email and I applied on Day 1
Posted by Big Data
Scotch Fan
Member since Nov 2007
2553 posts
Posted on 5/26/20 at 7:29 am to
Update on my application status (advance funds).

We were declined with the reasoning: “Business activity is not eligible.”

I used their drop down menus on the web form for all categories. Baffling.
This post was edited on 5/26/20 at 7:30 am
Posted by broadhead
Member since Oct 2014
2099 posts
Posted on 5/26/20 at 8:15 am to
Is a credit score check a good sign of an approval?
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72469 posts
Posted on 5/30/20 at 12:02 pm to
JUST GOT MY LOAN!

Posted by VABuckeye
Naples, FL
Member since Dec 2007
35474 posts
Posted on 5/30/20 at 12:50 pm to
No. It's a sign that your turn is coming up and you should look for the email to setup your account.
Posted by SalE
At the beach
Member since Jan 2020
2394 posts
Posted on 5/30/20 at 1:08 pm to
Got funded this morning...grant came a few days ago.
Posted by wasteland
City of peace
Member since Apr 2011
5600 posts
Posted on 5/30/20 at 10:04 pm to
Signed closing docs today. How long til funding?
Posted by Tigerpaw123
Louisiana
Member since Mar 2007
17252 posts
Posted on 5/30/20 at 11:03 pm to
quote:

Signed closing docs today. How long til funding?


We were funded overnight
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35474 posts
Posted on 5/31/20 at 8:16 am to
Ours took a couple of days but we were approved on a Friday. Money was in the account on Monday. So next business day.
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