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Posted on 4/5/20 at 8:33 am to TJG210
I did not receive confirmation email either
Posted on 4/5/20 at 9:04 am to Tigafan23
quote:
If you apply for EIDL advance grant, can you still apply for SBA loan next week? Independent Contractor here
April 10 for 1099 and independent contractors.
Posted on 4/5/20 at 9:07 am to 3morereps
Neither did I. I did get a confirmation number
I emailed them the other day asking how to check the status of the application and if I could access it to edit it.
I got no reply
I emailed them the other day asking how to check the status of the application and if I could access it to edit it.
I got no reply
Posted on 4/5/20 at 9:13 am to tgrbaitn08
According to this short video I saw, which outlines verbatim what is in the bill, the SBA is not following the directives of the bill as they should. They are basically screwing shite up, which has prompted at least one letter from the Senate telling them to get people their damn $ now. The guy in the video is annoying but the info is good.
LINK
LINK
This post was edited on 4/5/20 at 9:18 am
Posted on 4/5/20 at 9:17 am to 3morereps
My wife has an LLC operating as an SCorp and she’s the only employee in her business. She’s only been in business for 2 years. In both years the business has operated at a net loss and thus she has not had to do payroll.
Does anyone know if she would qualify for the EIDL grant, the PPP loan, or unemployment?
Having a hard time finding out what she would qualify for based on her unique situation.
TIA
Does anyone know if she would qualify for the EIDL grant, the PPP loan, or unemployment?
Having a hard time finding out what she would qualify for based on her unique situation.
TIA
Posted on 4/5/20 at 9:22 am to Neil Caffrey
quote:
Having a hard time finding out what she would qualify for based on her unique situation.
Does she have profits in her future? Sounds like she could be deemed a hobby if she doesn’t have something to show future income potential. Why is she at a net loss? Is she over paying herself? What’s her profit before taking distributions? Or are you saying she isn’t paying herself at all.
Eta: if she isn’t paying herself at all and taking losses, I don’t see how she qualifies for anything but maybe the EIDL. But I’d plan on it being a low interest loan. Hard to argue she lost income when she doesn’t have any.
This post was edited on 4/5/20 at 9:24 am
Posted on 4/5/20 at 9:39 am to baldona
Recommend checking your statuses today. I checked my status today and told me to as of 05 APR to reapply for the third time.
Reapplied and it again asked me if I wanted the 10k grant.
At the end it said processing time would take a week.
I initially applied for the EIDL back on 22 MAR
I received an email to apply for advance and applied for it on 30 MAR
Reapplied and it again asked me if I wanted the 10k grant.
At the end it said processing time would take a week.
I initially applied for the EIDL back on 22 MAR
I received an email to apply for advance and applied for it on 30 MAR
Posted on 4/5/20 at 9:48 am to ABNRanger
How did you check your status?
Posted on 4/5/20 at 10:03 am to tgrbaitn08
disasterloan.sba.gov
Login and click check status button.
Login and click check status button.
Posted on 4/5/20 at 10:06 am to TJG210
quote:
Did anyone get a confirming email?
NOPE
only confirmation number and was told they will email me if further info is needed.
This post was edited on 4/5/20 at 10:16 am
Posted on 4/5/20 at 10:08 am to Fat Bastard
Says it will not send confirmation emails.
Posted on 4/5/20 at 10:19 am to baldona
quote:
if she isn’t paying herself at all and taking losses, I don’t see how she qualifies for anything but maybe the EIDL. But I’d plan on it being a low interest loan. Hard to argue she lost income when she doesn’t have any
Thanks for the response.
She hasn't been paying herself. She's been putting all of the income that the business generates back into the business. Was looking to be profitable this year but now can't conduct business and make any income with the stay at home mandates.
I was thinking she might qualify for unemployment. Any thoughts on this?
Posted on 4/5/20 at 10:33 am to ABNRanger
quote:
disasterloan.sba.gov
Login and click check status button.
see when i applied for loan i was not even required to register an account for that site. Ok, just did so. Now I see nowhere where i can search for my confirmation number. check status does nothing.
Posted on 4/5/20 at 10:38 am to tgrbaitn08
Posted on 4/5/20 at 10:44 am to Fat Bastard
Posted on 4/5/20 at 10:57 am to ABNRanger
does nothing but send me to ELIGIBLE AREAS and APPLY ONLINE after i log in
i applied last thursday. may not even be searchable yet. who knows. system may be broken.
i applied last thursday. may not even be searchable yet. who knows. system may be broken.
Posted on 4/5/20 at 10:58 am to ABNRanger
After i log in, the check status button is not there, but it is before?
Posted on 4/5/20 at 11:02 am to Penn
same for me. no way to check status after login
Posted on 4/5/20 at 11:13 am to Penn
quote:
After i log in, the check status button is not there, but it is before?
correct
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