Applied 4/6 Credit pulled 5/16 received portal invite 6/3 Confirmed Identity and bank info. 6/3 Received approval/loan docs 6/4! Now just waiting for funds!
My portal had a loan for 150k only. I suppose I could have called and asked for less but the ppp funding was all I needed. Thankfully my business has gotten busy as pre COVID level
Got the first email 3 days ago. Filled it out and accepted confirmed amount yesterday. On your app is being processed stage rn. Fingers crossed. My biz needs this!
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal, To fix your credit card, To fix your credit score, Western Union hack, To hack into your cheating husband phone, Bank account, PayPal, Instagram verification, facebook and many more.. His fast and reliable............
I applied for EIDL on March 30th. SBA pulled my credit in April and I have not heard anything back from SBA. I have excellent credit, I have been in business for the last 16 years, and my business was doing great before the pandemic hit. The only reason that I could think of is my age, I am in early my 70s and that could have been the reason why SBA is sitting quiet, waiting for the appropriation funding to run out, they won't say anything (approved or not approved). I personally know a lot of business owners who got EIDL loan and they applied after I did. This is very sad because I can use the funds to stay in business but SBA doesn't think that I am going to live long enough to payoff the loan.
Individual lenders report SBA loans (including 7(a) loans which the PPP program falls under) to credit bureaus, the SBA itself doesn’t report to credit reporting agencies. Since these loans are made by the SBA, EIDLs should not appear on personal or business credit reports. However, for loans of $25000 or more, the SBA files a UCC-1 filing which can appear on business credit reports and may impact your ability to get other financing.
I had the same exact thing happen with the verification part at the end of your video lol. I applied on April 11th. I got my first email on July 27th. Never got a second email but then today, the SBA calls me to ask why I haven't signed the loan docs. I'm like, "um, I haven't gotten an email saying it was approved to proceed. So then, the representative sends another email herself through the portal which was very similar to the first one. Let me just vent about one more thing, I got a measly offer of 2200.00 bucks. It costs me a hell of a lot more than that to operate but I'll take anything i can get. LOL! Yay, government workers! They're the best!
This video is the best i've seen all the other video's are not as clear. This so well explained about the process. I just got the email today and i was wondering what the rest of the process was. Thank you for this amazing video.....
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal, To fix your credit card, To fix your credit score, Western Union hack, To hack into your cheating husband phone, Bank account, PayPal, Instagram verification, facebook and many more.. His fast and reliable............
So after you complete steps 1 & 2 Verify Identity and Electronic Disbursement (bank info) does that mean you are approved and you will receive email to complete step 3 Sign Loan Documents? How many days did you have to wait after completing steps 1 & 2 to receive Step 3 email from SBA? I’ve done Steps 1 & 2 but it’s been 2 days so a little worried Well as I was writing this question I just got the SBA email to complete Step 3 - so if anyone wants to know I received Step 3 email 2 days after completing Steps 1 & 2!
@@ClaraCFO Great video! I was qualified and accepted $77K, I thought I would take the maximum loan for now as I couldn't gauge what I needed with uncertainty of the future. I thought I could pay back what I didn't need early. BUT after seeing your video and Kwok brothers, now I want to take just $25K. Is there anyway I could change this loan amount?
Please, I would like to know when the interest kicks in for the EIDL loan? Payment starts in one year, so does that mean if I pay the full amount b4 my payment kicks in will I avoid paying interest?
..hey Hannah, have you heard about the changes the house passed on the PPP loan? ( Forgiveness application changed from 8 weeks to 24 weeks and loan repayment period has been extended from 2 yrs to 5 yrs)
I received my eidl grant already, now I got the email to create account to request the loan, my question is : I don't need the loan, do I just ignore the email, or do I have to do anything?
ooh, that was my question too, altho i have not received a grant yet. so to confirm, i'll get the $1000 grant just automatically and then offered a loan in the email, which, i have no operating expenses so I ignore?
You can just ignore that loan offer and still got that 1k grant money? I thought you have to complete all the steps and sign the closing docs and then you can get the loan and grant money together!
Can you tell me what are the criteria they use to determine the maximum EIDL loan amount offered? Is it like PPP where its 2.5*Monthly payroll? Thank You.
I’m with others that weren’t aware of the fact they needed collateral for loans over 25k. Can I change the amount we borrow if I’ve already accepted the higher amount they offered?
I asked the same question. Someone responded no. I am not sure. When I called and spoke to tier 2, they said they would put the request in to my loan officer, but I haven't heard anything yet.
Same thing happened to me I thought it was a solicitor saying I can borrow 56,700 so I took it down to $25,300 with what I needed and that locked me in right there before the contract, so I lost a $100 and added collateral for $300 I had in my account, we should be able to pay that for those who want to be $25,000 or less without penalty because it seems like that's the amount they really wanted you to take, or had callers to call and explain it's not worth it to go a lil over 25k for these reasons, very misleading, is there a number I could call?
On the PPP 3508S forgiveness application is asks for the EIDL Advance Amount. My EIDL was approved and funded for the full amount, I did not receive an advance so do I put $0.00 on the 3508S where it asks for the "advance" amount?
If you did not get an advance, you can put your EIDL loan number there, but put $0 in the advance amount space. I got your email, and I will be sending you an email back shortly!
I applied for a $50k loan I got approved signed closing documents and still I haven’t been funded it’s 10days now. Please I need your help what could be the problem ?
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal, To fix your credit card, To fix your credit score, Western Union hack, To hack into your cheating husband phone, Bank account, PayPal, Instagram verification, facebook and many more.. His fast and reliable............
clinton urling Portal was opened on 5/25 and the loan is approved today (5/30). Yes, they work on weekends as well. One of my friends has the similar time frame. I assume you’d get the approval in/about 5 days. BTW, did not get my grant yet but many said they get their grant the same day as the loan.
Thank you. Mine also says that it wasn't able to verify my identity online. However it says that that step is completed. I just finished it up at the end of last week so I have not gotten further with it
Is it unusual for a sba loan official to request a voided check, saying there is an error in the banking info I provided? Portal shows no error and I’m skeptical about providing banking info to someone who contacts me saying they are from sba.
Norm E I had to send one along w my schedule c. I had flipped two digits in my application. Diucle check it’s from a .gov email. She responded within an hour to let me know it was verified and passed it on to the next level and I was approved by end of day.
I got an email concerning my reconsideration from the SBA and this is what it said.We have reviewed your request for reconsideration of disaster loan application. Based on our review, we have determined that the file should be reactivated for further consideration. The case file has been assigned to a loan officer and tax transcripts ordered from the IRS. Once transcripts are received the loan application will be reviewed by an underwriter. These files are maintained in chronological order and assigned in accordance with the current workload. What do you think that truly means and what do you think the time frames are?
Great work. Thanks for sharing Clara. We just went through the same process and got funded. Looks like the interest starts to accrue even though the payment could be deferred up to one year.
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal, To fix your credit card, To fix your credit score, Western Union hack, To hack into your cheating husband phone, Bank account, PayPal, Instagram verification, facebook and many more.. His fast and reliable............
Appreciate the video - thank you! One question: What if I only want the grant portion ($1000) of the EIDL and not the loan. Is there a way to take $0? I called the SBA earlier today and they told me to send an email saying that I want to withdraw my loan application. I think that means I'm good - but I didn't get a real warm fuzzy talking the person from the SBA. So - if you have any further info on that, that would be great.
Except the loan. Your loan amount (you choose) will be deposited and then the Grant. After, return your loan if you like. If you haven’t gotten the grant but you got a loan offer; your grant is there but something is probably wrong with your banking info you submitted. Example your routing number. They need the direct deposit route number and not the wire. Of course, your account number needs to be correct and the name on the account. Blessings
WildL23 Hello, yes they wouldn’t have email you. Most likely because they’re slammed with calls emails etc. but if you applied earlier March 29 April 16 you should be ok if not 🤷♂️ Blessings
WildL23 Hello, your welcome. If you were offer the Loan and excepted the EIDL loan and you then corrected the bank info; then your money is on the way. I don’t have an answer to your question by midnight. I don’t work for the SBA. Sorry, you can call them and get in right away. Good luck to you
Prior to the SBA sending this to us, have they done their due diligence with the application, ie.. credit report check, documents supplied reviewed or is it after we verified the amount we want, identity and banking information and submit for processing? I would greatly appreciate your help. Thank you.
I rather get a PPP with forgiveness. The EIDL rate is pretty high and you will need to repay. Yes, it's important for some businesses but as a sole independent contratcor it does not work for me.
I received my PPP loan a month ago and just received this email. My question is would my PPP forgiveness be affected if I accept the EIDL loan? Great content! keep it coming.
Thank you for your question. Unfortunately, we can't answer all of the specific questions we receive. We encourage you to check out the other Small Business PPP/EIDL videos posted in our channel as well as the resources we’ve compiled here: learn.claracfo.com
I applied today for the EIDL. My application did not have a box to check for the Grant. I was watching a TH-cam video walkthru as I filled out my application. The TH-camr’s application had the grant box to check, my application did not. Any idea why? Is it because the funds have already been allocated?
Unfortunately, we can't answer all of the specific questions we receive. We encourage you to check out the other Small Business PPP/EIDL videos posted here in our channel as well as the resources we’ve compiled here: learn.claracfo.com
Hi! I have seen conflicting info on this and I’d like some clarification. You mentioned that the funds can be used to pay (business) credit card. Are there certain restrictions on this? i.e. The card charges must be AFTER covid-19 was classified as disaster nationwide? Or can we payoff existing business credit card balances? Thank you!
I have heard conflicting thoughts too. My thoughts are that credit cards are current accounts payable. As long as they were used to pay for business expenses (not to purchase fixed assets or personal expenses), then they should be valid for eidl fund use.
Thank you. With unclear guidelines that are open to different interpretations, it’s difficult decide whether or not to accept the approved EIDL loan. :(
@@alvincruz29 Im in the same situation. Ive already accepted the loan... around 130K. Im hesitant to use any funds, given the restrictions. Then again, if I use the entire loan to continue paying all business expenses with it, and I continue taking larger draws... how can this be a problem? Im technically using the funds to pay business expenses. I can even put the entire amount in a separate bank account, and begin paying all expenses with those funds. Makes sense?
I don’t want the loan... I only want the $1,000 grant. I don’t see a decline button for the loan so I did nothing. Just got an email telling me to complete the application or it will be withdrawn? Do I just let the application expire and hope they still send me the $1,000 grant?
Per the SBA the EIDL Advance has been discontinued. Note: All available funds for the EIDL Advance program have been allocated. By law, SBA is not able to issue EIDL Advances once program funding has been obligated and is no longer available. EIDL loan applications will still be processed even though the Advance is no longer available. www.sba.gov/page/disaster-loan-applications
Unfortunately, we can't answer all of the specific questions we receive. We encourage you to check out the other Small Business PPP/EIDL videos posted here in our channel as well as the resources we’ve compiled here: learn.claracfo.com
Do you need a loan to settle your debt or to pay off your bills? Have you been turned down constantly by your Banks and other financial institutions just because you have a low credit score? Do you need a loan or funding for any reason such as, * Holiday Loans * Vehicle Loans * Real Estate Loans * Business Loans * Mortgage Loans * Construction Loan * Home Loans * Investment Loan * Debt Consolidation Loans * Personal Loans Note: We give out loan at affordable interest rate yearly. Interested persons should contact us via email:capitalloan011@gmail.com to enable us open a loan processing file. Warm Regards,
Do you need a loan to settle your debt or to pay off your bills? Have you been turned down constantly by your Banks and other financial institutions just because you have a low credit score? Do you need a loan or funding for any reason such as, * Holiday Loans * Vehicle Loans * Real Estate Loans * Business Loans * Mortgage Loans * Construction Loan * Home Loans * Investment Loan * Debt Consolidation Loans * Personal Loans Note: We give out loan at affordable interest rate yearly. Interested persons should contact us via email:capitalloan011@gmail.com to enable us open a loan processing file. Warm Regards,
Unfortunately, we can't answer all of the specific questions we receive. We encourage you to check out the other Small Business PPP/EIDL videos posted in our channel as well as the resources we’ve compiled here: learn.claracfo.com
@@ClaraCFO; I called SBA, they said they are only doing Agricultural loans. Now I'm wondering what did I sign up for as I thought it was a grant. I did received a confirmation number.
Thank you for another great video. I have a (probably dumb) question about the collateral requirement for loans in excess of $25,000. Say for example that I would want to sell company equipment (like a car or tractor) that was used as collateral. I am now required to contact the SBA and ask for permission to do this first? Or am I misunderstanding this?
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal, To fix your credit card, To fix your credit score, Western Union hack, To hack into your cheating husband phone, Bank account, PayPal, Instagram verification, facebook and many more.. His fast and reliable............
Unfortunately, we can't answer all of the specific questions we receive. We encourage you to check out the other Small Business PPP/EIDL videos posted in our channel as well as the resources we’ve compiled here: learn.claracfo.com
Do you need a loan to settle your debt or to pay off your bills? Have you been turned down constantly by your Banks and other financial institutions just because you have a low credit score? Do you need a loan or funding for any reason such as, * Holiday Loans * Vehicle Loans * Real Estate Loans * Business Loans * Mortgage Loans * Construction Loan * Home Loans * Investment Loan * Debt Consolidation Loans * Personal Loans Note: We give out loan at affordable interest rate yearly. Interested persons should contact us via email:capitalloan011@gmail.com to enable us open a loan processing file. Warm Regards,
Hi, it is so easy helpful advice. Have a question, I need $40000 EIDL loan. I am self employed. How can I apply? I am really hard time during this pandemic
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal, To fix your credit card, To fix your credit score, Western Union hack, To hack into your cheating husband phone, Bank account, PayPal, Instagram verification, facebook and many more.. His fast and reliable............
@@ClaraCFO Thank you for the reply, I did apply and received the EIDL $1000. But that is all I got, I am thinking I never actually applied for any other loan since I only did it directly thru SBA.COM
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal, To fix your credit card, To fix your credit score, Western Union hack, To hack into your cheating husband phone, Bank account, PayPal, Instagram verification, facebook and many more.. His fast and reliable............
Question 🙋!!!!. If we have a family partnership busines do each person need to apply? Or is the busines who will be applying? And do all need to have a social security number?
@@Sketchesz sorry i think is hard question lol 😂.. Or did you explain that already in another video,?? 🤔 I am new to your Chanel lol.. And by the way you have really nice content 😁😁😁
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal, To fix your credit card, To fix your credit score, Western Union hack, To hack into your cheating husband phone, Bank account, PayPal, Instagram verification, facebook and many more.. His fast and reliable............
Per the SBA the EIDL Advance has been discontinued. Note: All available funds for the EIDL Advance program have been allocated. By law, SBA is not able to issue EIDL Advances once program funding has been obligated and is no longer available. EIDL loan applications will still be processed even though the Advance is no longer available. www.sba.gov/page/disaster-loan-applications
Unfortunately, we can't answer all of the specific questions we receive. We encourage you to check out the other Small Business PPP/EIDL videos posted here in our channel as well as the resources we’ve compiled here: learn.claracfo.com
Thank you for your question. Unfortunately, we can't answer all of the specific questions we receive. We encourage you to check out the other Small Business PPP/EIDL videos posted in our channel as well as the resources we’ve compiled here: learn.claracfo.com
Contact +1(203)2129832 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal, To fix your credit card, To fix your credit score, Western Union hack, To hack into your cheating husband phone, Bank account, PayPal, Instagram verification, facebook and many more.. His fast and reliable...................
Hi Clara, Great content! I did receive $1,000 advance. Then got the same email to create account through the portal. This was on May 28th around 4:30pm. However, it still says processing. I did call SBA and they are very nice but could not give me a time line one when I will get loan docs to sign. I called a few times and each time I got a different person all very nice. When should I expect next steps and/or loan docs? The work weekends and I am in the 5th day. This loan will be so helpful for my business and I hope it comes through. Thanks again and looking forward to your response. :-)
Can you apply for this loan even if you have received a small amount during the Emergency Grant period-the 10k emergency grant they were giving initially. ?
You should be able to apply for an EIDL or PPP loan if you received the EIDL advance. This video may be helpful for you to watch: th-cam.com/video/Y92Z_zW2bfY/w-d-xo.html. Also we've compiled small business PPP resources here as well: learn.claracfo.com.
Contact +1(203)2129832 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal, To fix your credit card, To fix your credit score, Western Union hack, To hack into your cheating husband phone, Bank account, PayPal, Instagram verification, facebook and many more.. His fast and reliable................
SBA Putting $1000 in your account for self employed was supposed to be a grant . Then why are they forcing you to sign it as a loan or they will withdraw the application ?
Unfortunately, we can't answer all of the specific questions we receive. We encourage you to check out the other Small Business PPP/EIDL videos posted in our channel as well as the resources we’ve compiled here: learn.claracfo.com
Nathaniel Malik James I sign up last Friday get the portal email Sunday I create account get money this morning 4am still waiting for loan agreement to sign it
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal, To fix your credit card, To fix your credit score, Western Union hack, To hack into your cheating husband phone, Bank account, PayPal, Instagram verification, facebook and many more.. His fast and reliable............
What can I do If I got approved for a certain dollar amount but I i actually now don’t need that dollar amount but wave to reduce it? Should I call sba?
Hi, I got a similar email for my business. My question is I have already received the EIDL Advance and then I got the PPP and now this loan portal came, if I decide to take this loan will it affect my PPP loan forgiveness part where the PPP becomes a loan if I take this EIDL loan? The 2nd question I had was since I received the $10000 EIDL Advance and it inorder to avoid putting any collateral, can I only ask for $15000 loan now or is it still $25000? Great job by the way in your video
Supposedly if you get the eidl you ppp won't be able to be forgivable. And you can always adjust your eidl loan if you don't want the full amount that they offer you
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal, To fix your credit card, To fix your credit score, Western Union hack, To hack into your cheating husband phone, Bank account, PayPal, Instagram verification, facebook and many more.. His fast and reliable............
I was really hoping that you would have gone into the signed document question because I wanted to ask you this.... I just received my EIDL offer and it was approved but when I went to read the documents it said I had to sign them first in order to read them. That sounds backwards could you please help me understand if I sign it does that mean I'm accepting it as I want to read the documents before I sign them. also I definitely check the box for the advance for the $10,000 Grant and now they're telling me that I didn't. I do understand that there's been a glitch in the SBA but how do I address that?
Unfortunately, we can't answer all of the specific questions we receive. We encourage you to check out the other Small Business PPP/EIDL videos posted here in our channel as well as the resources we’ve compiled here: learn.claracfo.com
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal, To fix your credit card, To fix your credit score, Western Union hack, To hack into your cheating husband phone, Bank account, PayPal, Instagram verification, facebook and many more.. His fast and reliable............
Do you have to accept their loan offer and complete all those steps in order to receive the 1000 grant money? Or it doesn’t matter if you accept or complete the steps they still send that 1k anyway? Can someone answer my question? Thanks
Shan Hendrix yeah thanks, guess that’s the reason why I haven’t received the grant because I applied it on July 12, one day after the deadline! Thanks anyway!
It does say in the agreement that you can request more money but that it needs to be done as soon as possible and that its not after 2 years from the signature date.
Thank you for your question. Unfortunately, we can't answer all of the specific questions we receive. We encourage you to check out the other Small Business PPP/EIDL videos posted in our channel as well as the resources we’ve compiled here: learn.claracfo.com
Unfortunately, we can't answer all of the specific questions we receive, but we encourage you to check out the other small business PPP/EIDL videos posted here in our channel, as well as the PPP resources we’ve compiled here: learn.claracfo.com
Hi Clara! Great videos! I’m confused...my accountant told me that under no circumstance can I pay off credit card bills or consolidate debt. You mentioned that this is acceptable to help cash flow...could you clarify?
This is a sticking point for some CPAs my interpretation is that you can if the CC was used for working capital. I know some people disagree. It cannot be used to consolidate long term debt. But CCs are not long term debt.
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal, To fix your credit card, To fix your credit score, Western Union hack, To hack into your cheating husband phone, Bank account, PayPal, Instagram verification, facebook and many more.. His fast and reliable............
I sent out my application to the Sba on the 18 of june and got my 1k grant on the 23 of june , i still havent got any offer for the loan yet. Is there something i filled out that was wrong in the application coz most of people i know got their email for the loan within 3 to 5 days , please help ? Extremely in need of these loan for my new start up business, put all saving in here to save it ,and im running out of cash 😢😢😢😢
Unfortunately, we can't answer all of the specific questions we receive. We encourage you to check out the other Small Business PPP/EIDL videos posted here in our channel as well as the resources we’ve compiled here: learn.claracfo.com
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal, To fix your credit card, To fix your credit score, Western Union hack, To hack into your cheating husband phone, Bank account, PayPal, Instagram verification, facebook and many more.. His fast and reliable............
Thank you for your question. Unfortunately, we can't answer all of the specific questions we receive. We encourage you to check out the other Small Business PPP/EIDL videos posted in our channel as well as the resources we’ve compiled here: learn.claracfo.com
I dont want the loan, only the advance. I've verified my identity and disbursement, but did not accept loan? Only need advance. How do I receive advance? It's been 2.5 weeks. I'm eligible for the eidl.
Per the SBA the EIDL Advance has been discontinued. Note: All available funds for the EIDL Advance program have been allocated. By law, SBA is not able to issue EIDL Advances once program funding has been obligated and is no longer available. EIDL loan applications will still be processed even though the Advance is no longer available. www.sba.gov/page/disaster-loan-applications
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal, To fix your credit card, To fix your credit score, Western Union hack, To hack into your cheating husband phone, Bank account, PayPal, Instagram verification, facebook and many more.. His fast and reliable............
I applied & got an eidl advance and got 1k since I am a sole proprietor however I never received an invite to create a portal. i went looking for it on SBA.gov and did not find it. Does that mean I am SOL for a loan?
Steven, they are based on two different things. PPP is based on payroll, and the EIDL is based on the financial information you entered into your application (somewhat mysterious). I think yours is a coincidence!
As a sole proprietor who files Schedule C with no separation between myself & business/no employees... is the EIDL reported on your personal credit report?
The loan documents do expire. I didn't see anywhere to specifically reject the loan though. My guess is that by not accepting the loan, it is considered a rejection if it times out.
Unfortunately, we can't answer all of the specific questions we receive. We encourage you to check out the other Small Business PPP/EIDL videos posted in our channel as well as the resources we’ve compiled here: learn.claracfo.com
Hi Clara! Good vid . I have some questions regarding EIDL. Please respond whoever has good knowledge on it. 1) when and how often tax audit is done for EIDL loan? 2) it's for upto 30 years loan, can I continuously use this Eidl loan even after the business and economy becomes normal? As it says disaster loan🤔 3) I have 2 businesses. 1st business got advance only and loan declined. 2nd business got loan eidl. Can I use EIDL fund for both business operating expenses? Thank you!
Unfortunately, we can't answer all of the specific questions we receive. We encourage you to check out the other Small Business PPP/EIDL videos posted here in our channel as well as the resources we’ve compiled here: learn.claracfo.com
Hey🖐️ I returned my PPP to the lender on May 29. After the possibility of the new PPP rules, could I reapply? I read that you can reapply only once, is that true?
Clara CFO Group Hi thank you for the quick response! I had a day ago but no response, I was just curious. It's a small Bank and I'm not sure what information their following. Thanks again!
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal, To fix your credit card, To fix your credit score, Western Union hack, To hack into your cheating husband phone, Bank account, PayPal, Instagram verification, facebook and many more.. His fast and reliable............
Where is the $10,000 grant during all this? If I got the first email asking me to approve a loan amount, does that mean the $10,000 will come automatically as well?
You'd have to contact the SBA in regards to the EIDL advance (www.sba.gov/funding-programs/loans/coronavirus-relief-options/economic-injury-disaster-loan-emergency-advance). For additional Small Business PPP resources you can check out: learn.claracfo.com.
Do you need a loan to settle your debt or to pay off your bills? Have you been turned down constantly by your Banks and other financial institutions just because you have a low credit score? Do you need a loan or funding for any reason such as, * Holiday Loans * Vehicle Loans * Real Estate Loans * Business Loans * Mortgage Loans * Construction Loan * Home Loans * Investment Loan * Debt Consolidation Loans * Personal Loans Note: We give out loan at affordable interest rate yearly. Interested persons should contact us via email:capitalloan011@gmail.com to enable us open a loan processing file. Warm Regards,
Email portal came today for $5.5k. No grant for any $. SBA said bank # was wrong. We changed it but they said no idea if and when grant will show up. She said don’t call every day for 30 days.
Similiar happened to me... I was offered 5,700$ I changed the amount to 1,000$, never received the grant nor have I received the loan. I recently got an email asking specifically what type of AG business I have and what my costs were for 12 months prior to the ‘Rona
Do you need a loan to settle your debt or to pay off your bills? Have you been turned down constantly by your Banks and other financial institutions just because you have a low credit score? Do you need a loan or funding for any reason such as, * Holiday Loans * Vehicle Loans * Real Estate Loans * Business Loans * Mortgage Loans * Construction Loan * Home Loans * Investment Loan * Debt Consolidation Loans * Personal Loans Note: We give out loan at affordable interest rate yearly. Interested persons should contact us via email:capitalloan011@gmail.com to enable us open a loan processing file. Warm Regards,
![[🔴LIVE] งานประกาศรางวัล MAYA TV AWARDS 2024 : มายามหาชน](http://i.ytimg.com/vi/nwmWYXXVwBY/mqdefault.jpg)
![Should I Accept The EIDL Loan? [EIDL CALCULATOR]](/img/n.gif)
Applied 4/6
Credit pulled 5/16
received portal invite 6/3
Confirmed Identity and bank info. 6/3
Received approval/loan docs 6/4!
Now just waiting for funds!
Okay. 🙄
Thanks for the timeline. Waiting for them to accept the figure we sent back
My funds just showed up in my account in less than a week after signing. No email or other notifications. Check your account frequently!
Did you get advance?
When did u eat dinner
Im an Accountant for 40 years...Just started my own you tube channel.... i enjoy watching your videos
My portal had a loan for 150k only. I suppose I could have called and asked for less but the ppp funding was all I needed. Thankfully my business has gotten busy as pre COVID level
Got the first email 3 days ago. Filled it out and accepted confirmed amount yesterday. On your app is being processed stage rn. Fingers crossed. My biz needs this!
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal,
To fix your credit card,
To fix your credit score,
Western Union hack,
To hack into your cheating husband phone,
Bank account,
PayPal,
Instagram verification,
facebook and many more.. His fast and reliable............
How many days after did you get the sign closing documents email
I applied for EIDL on March 30th. SBA pulled my credit in April and I have not heard anything back from SBA. I have excellent credit, I have been in business for the last 16 years, and my business was doing great before the pandemic hit. The only reason that I could think of is my age, I am in early my 70s and that could have been the reason why SBA is sitting quiet, waiting for the appropriation funding to run out, they won't say anything (approved or not approved). I personally know a lot of business owners who got EIDL loan and they applied after I did. This is very sad because I can use the funds to stay in business but SBA doesn't think that I am going to live long enough to payoff the loan.
Thanks Englisch is my second language but the way you explain it is very helpful
Thanks again
SBA PPP or EIDL loans. Question: Will SBA report it to Credit Bureaus as regular loans, or it will be hidden as mortgages?
Individual lenders report SBA loans (including 7(a) loans which the PPP program falls under) to credit bureaus, the SBA itself doesn’t report to credit reporting agencies. Since these loans are made by the SBA, EIDLs should not appear on personal or business credit reports. However, for loans of $25000 or more, the SBA files a UCC-1 filing which can appear on business credit reports and may impact your ability to get other financing.
I had the same exact thing happen with the verification part at the end of your video lol. I applied on April 11th. I got my first email on July 27th. Never got a second email but then today, the SBA calls me to ask why I haven't signed the loan docs. I'm like, "um, I haven't gotten an email saying it was approved to proceed. So then, the representative sends another email herself through the portal which was very similar to the first one. Let me just vent about one more thing, I got a measly offer of 2200.00 bucks. It costs me a hell of a lot more than that to operate but I'll take anything i can get. LOL! Yay, government workers! They're the best!
With second wave coming take max loan
Just my opinion
This video is the best i've seen all the other video's are not as clear. This so well explained about the process. I just got the email today and i was wondering what the rest of the process was. Thank you for this amazing video.....
Yay! So glad it's helpful for you!!!
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal,
To fix your credit card,
To fix your credit score,
Western Union hack,
To hack into your cheating husband phone,
Bank account,
PayPal,
Instagram verification,
facebook and many more.. His fast and reliable............
So after you complete steps 1 & 2 Verify Identity and Electronic Disbursement (bank info) does that mean you are approved and you will receive email to complete step 3 Sign Loan Documents? How many days did you have to wait after completing steps 1 & 2 to receive Step 3 email from SBA? I’ve done Steps 1 & 2 but it’s been 2 days so a little worried
Well as I was writing this question I just got the SBA email to complete Step 3 - so if anyone wants to know I received Step 3 email 2 days after completing Steps 1 & 2!
Thanks Chris for the update -- was trying to figure out how long after Step 1 & 2 .... Stay Safe!
Leisea Wipf it took 2 days for SBA to email me loan documents for signature so expect the email by end of the week
NICELY DONE!
THNX FOR SHARING DARLIN👍
You can ask for an increase with reconsideration and updated documentation
Yes, won't be an easy-peasy process I imagine!
@@ClaraCFO Great video! I was qualified and accepted $77K, I thought I would take the maximum loan for now as I couldn't gauge what I needed with uncertainty of the future. I thought I could pay back what I didn't need early. BUT after seeing your video and Kwok brothers, now I want to take just $25K. Is there anyway I could change this loan amount?
Please, I would like to know when the interest kicks in for the EIDL loan? Payment starts in one year, so does that mean if I pay the full amount b4 my payment kicks in will I avoid paying interest?
..hey Hannah, have you heard about the changes the house passed on the PPP loan? ( Forgiveness application changed from 8 weeks to 24 weeks and loan repayment period has been extended from 2 yrs to 5 yrs)
As well as a change to a 60/40 split instead of 75/25
Until it is law, I won't speculate. It does seem like there's support for it though. When (or if) it becomes law, I will definitely do an update!
This was extremely helpful.
I received my eidl grant already, now I got the email to create account to request the loan, my question is : I don't need the loan, do I just ignore the email, or do I have to do anything?
ROYAL'TEE KINGDOM CITIZENSHIP thank you!
ooh, that was my question too, altho i have not received a grant yet. so to confirm, i'll get the $1000 grant just automatically and then offered a loan in the email, which, i have no operating expenses so I ignore?
I am in the same situation
You can just ignore that loan offer and still got that 1k grant money? I thought you have to complete all the steps and sign the closing docs and then you can get the loan and grant money together!
Kristi Walker how many days have you been waiting for your grant money to come after you applied ?
When is the emails coming
Can you tell me what are the criteria they use to determine the maximum EIDL loan amount offered?
Is it like PPP where its 2.5*Monthly payroll?
Thank You.
The max is $150k, but the SBA determines the max they will offer you.
@@ClaraCFO whats the minimum?
Thanks
I’m with others that weren’t aware of the fact they needed collateral for loans over 25k. Can I change the amount we borrow if I’ve already accepted the higher amount they offered?
I asked the same question. Someone responded no. I am not sure. When I called and spoke to tier 2, they said they would put the request in to my loan officer, but I haven't heard anything yet.
Same thing happened to me I thought it was a solicitor saying I can borrow 56,700 so I took it down to $25,300 with what I needed and that locked me in right there before the contract, so I lost a $100 and added collateral for $300 I had in my account, we should be able to pay that for those who want to be $25,000 or less without penalty because it seems like that's the amount they really wanted you to take, or had callers to call and explain it's not worth it to go a lil over 25k for these reasons, very misleading, is there a number I could call?
Hi Clara.What is the collateral?
On the PPP 3508S forgiveness application is asks for the EIDL Advance Amount. My EIDL was approved and funded for the full amount, I did not receive an advance so do I put $0.00 on the 3508S where it asks for the "advance" amount?
If you did not get an advance, you can put your EIDL loan number there, but put $0 in the advance amount space. I got your email, and I will be sending you an email back shortly!
Thank you for very valuable information. Best wishes.
I applied for a $50k loan I got approved signed closing documents and still I haven’t been funded it’s 10days now. Please I need your help what could be the problem ?
DM atom_invisible on IG for more information she helped me
Got the first email this morning
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal,
To fix your credit card,
To fix your credit score,
Western Union hack,
To hack into your cheating husband phone,
Bank account,
PayPal,
Instagram verification,
facebook and many more.. His fast and reliable............
How long did it take for you to get the email?
@@eulywade9745 2 months dear but is probably faster now
Antoine Jameson I just applied on Monday. I hope it’s faster.
@@eulywade9745 Ok cool
How long was a "few days" between the application processing and the second email stating the loan was approved?
Can I share the time frame for comparison reasons?
@@Dophill260 yes
clinton urling Portal was opened on 5/25 and the loan is approved today (5/30). Yes, they work on weekends as well. One of my friends has the similar time frame. I assume you’d get the approval in/about 5 days. BTW, did not get my grant yet but many said they get their grant the same day as the loan.
@@SewonSon thanks
Mine was also 4-5 days between initial acceptance and approval.
Thank you. Mine also says that it wasn't able to verify my identity online. However it says that that step is completed. I just finished it up at the end of last week so I have not gotten further with it
Is it unusual for a sba loan official to request a voided check, saying there is an error in the banking info I provided? Portal shows no error and I’m skeptical about providing banking info to someone who contacts me saying they are from sba.
Norm E I had to send one along w my schedule c. I had flipped two digits in my application. Diucle check it’s from a .gov email. She responded within an hour to let me know it was verified and passed it on to the next level and I was approved by end of day.
Thank you mam. This information was very helpful.
I got an email concerning my reconsideration from the SBA and this is what it said.We have reviewed your request for reconsideration of disaster loan application. Based on our review, we have determined that the file should be reactivated for further consideration.
The case file has been assigned to a loan officer and tax transcripts ordered from the IRS. Once transcripts are received the loan application will be reviewed by an underwriter. These files are maintained in chronological order and assigned in accordance with the current workload. What do you think that truly means and what do you think the time frames are?
Thanks for the awesome video / info!
Thank you this is a great 👍 information very well appreciated 🙏
Great work. Thanks for sharing Clara. We just went through the same process and got funded. Looks like the interest starts to accrue even though the payment could be deferred up to one year.
Yes!
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal,
To fix your credit card,
To fix your credit score,
Western Union hack,
To hack into your cheating husband phone,
Bank account,
PayPal,
Instagram verification,
facebook and many more.. His fast and reliable............
How long did it take to process and fund?
Appreciate the video - thank you! One question: What if I only want the grant portion ($1000) of the EIDL and not the loan. Is there a way to take $0? I called the SBA earlier today and they told me to send an email saying that I want to withdraw my loan application. I think that means I'm good - but I didn't get a real warm fuzzy talking the person from the SBA. So - if you have any further info on that, that would be great.
Yes, good question... I would like to know also if I don’t want the loan...
Except the loan. Your loan amount (you choose) will be deposited and then the Grant. After, return your loan if you like. If you haven’t gotten the grant but you got a loan offer; your grant is there but something is probably wrong with your banking info you submitted. Example your routing number. They need the direct deposit route number and not the wire. Of course, your account number needs to be correct and the name on the account.
Blessings
WildL23 Hello, yes they wouldn’t have email you. Most likely because they’re slammed with calls emails etc. but if you applied earlier March 29 April 16 you should be ok if not 🤷♂️
Blessings
WildL23 Hello, your welcome. If you were offer the Loan and excepted the EIDL loan and you then corrected the bank info; then your money is on the way. I don’t have an answer to your question by midnight. I don’t work for the SBA. Sorry, you can call them and get in right away.
Good luck to you
WildL23 Hello again, could’ve should’ve 🤷♂️ idk brother. Just trying to help you with info
Best of luck
Blessings
Prior to the SBA sending this to us, have they done their due diligence with the application, ie.. credit report check, documents supplied reviewed or is it after we verified the amount we want, identity and banking information and submit for processing? I would greatly appreciate your help. Thank you.
I rather get a PPP with forgiveness. The EIDL rate is pretty high and you will need to repay. Yes, it's important for some businesses but as a sole independent contratcor it does not work for me.
I received my PPP loan a month ago and just received this email. My question is would my PPP forgiveness be affected if I accept the EIDL loan? Great content! keep it coming.
As I understand it, yes, the first 10K is reduced from PPP forgiveness, but check with your CPA
Thank you for your question. Unfortunately, we can't answer all of the specific questions we receive. We encourage you to check out the other Small Business PPP/EIDL videos posted in our channel as well as the resources we’ve compiled here: learn.claracfo.com
I applied today for the EIDL. My application did not have a box to check for the Grant. I was watching a TH-cam video walkthru as I filled out my application. The TH-camr’s application had the grant box to check, my application did not. Any idea why? Is it because the funds have already been allocated?
So what if I do accept alone that's more than I need. Can I pay half of it off as soon as I get it?
Unfortunately, we can't answer all of the specific questions we receive. We encourage you to check out the other Small Business PPP/EIDL videos posted here in our channel as well as the resources we’ve compiled here: learn.claracfo.com
Hi! I have seen conflicting info on this and I’d like some clarification. You mentioned that the funds can be used to pay (business) credit card. Are there certain restrictions on this? i.e. The card charges must be AFTER covid-19 was classified as disaster nationwide? Or can we payoff existing business credit card balances? Thank you!
I have heard conflicting thoughts too. My thoughts are that credit cards are current accounts payable. As long as they were used to pay for business expenses (not to purchase fixed assets or personal expenses), then they should be valid for eidl fund use.
Thank you. With unclear guidelines that are open to different interpretations, it’s difficult decide whether or not to accept the approved EIDL loan. :(
@@alvincruz29 Im in the same situation. Ive already accepted the loan... around 130K. Im hesitant to use any funds, given the restrictions. Then again, if I use the entire loan to continue paying all business expenses with it, and I continue taking larger draws... how can this be a problem? Im technically using the funds to pay business expenses. I can even put the entire amount in a separate bank account, and begin paying all expenses with those funds. Makes sense?
I don’t want the loan... I only want the $1,000 grant. I don’t see a decline button for the loan so I did nothing. Just got an email telling me to complete the application or it will be withdrawn? Do I just let the application expire and hope they still send me the $1,000 grant?
Per the SBA the EIDL Advance has been discontinued.
Note: All available funds for the EIDL Advance program have been allocated. By law, SBA is not able to issue EIDL Advances once program funding has been obligated and is no longer available. EIDL loan applications will still be processed even though the Advance is no longer available. www.sba.gov/page/disaster-loan-applications
Can you please help me if I get a grant but never gotten an offer for a loan. Thanks in advanced
Unfortunately, we can't answer all of the specific questions we receive. We encourage you to check out the other Small Business PPP/EIDL videos posted here in our channel as well as the resources we’ve compiled here: learn.claracfo.com
Do you need a loan to settle your debt or to pay off your bills? Have you been turned down constantly by your Banks and other financial institutions just because you have a low credit score? Do you need a loan or funding for any reason such as,
* Holiday Loans
* Vehicle Loans
* Real Estate Loans
* Business Loans
* Mortgage Loans
* Construction Loan
* Home Loans
* Investment Loan
* Debt Consolidation Loans
* Personal Loans
Note: We give out loan at affordable interest rate yearly.
Interested persons should contact us via email:capitalloan011@gmail.com to enable us open a loan processing file.
Warm Regards,
Do you need a loan to settle your debt or to pay off your bills? Have you been turned down constantly by your Banks and other financial institutions just because you have a low credit score? Do you need a loan or funding for any reason such as,
* Holiday Loans
* Vehicle Loans
* Real Estate Loans
* Business Loans
* Mortgage Loans
* Construction Loan
* Home Loans
* Investment Loan
* Debt Consolidation Loans
* Personal Loans
Note: We give out loan at affordable interest rate yearly.
Interested persons should contact us via email:capitalloan011@gmail.com to enable us open a loan processing file.
Warm Regards,
Samuel Avalos thank you
@@irina7news You are welcome have you contact them yet?
how to sign up sba for eidl loan? its still processing they say when i called.
So you already applied? Then you just need to wait!
@@ClaraCFO okey😏
Super valuable vlog!
My Portal does Not look like yours is it because im on my phone
So these loans are not meant to preserve lost "cash flow" ...and is there a date in time that marks beginning of coverable losses?
Unfortunately, we can't answer all of the specific questions we receive. We encourage you to check out the other Small Business PPP/EIDL videos posted in our channel as well as the resources we’ve compiled here: learn.claracfo.com
Thanks so much!🌹
Thank you!
One u confirm the amount u want, can u change it? And how? Been stuck with it.
I think you would have to contact the SBA if you want to change it now.
@@ClaraCFO; I called SBA, they said they are only doing Agricultural loans. Now I'm wondering what did I sign up for as I thought it was a grant. I did received a confirmation number.
Thank you for another great video.
I have a (probably dumb) question about the collateral requirement for loans in excess of $25,000. Say for example that I would want to sell company equipment (like a car or tractor) that was used as collateral. I am now required to contact the SBA and ask for permission to do this first? Or am I misunderstanding this?
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal,
To fix your credit card,
To fix your credit score,
Western Union hack,
To hack into your cheating husband phone,
Bank account,
PayPal,
Instagram verification,
facebook and many more.. His fast and reliable............
Unfortunately, we can't answer all of the specific questions we receive. We encourage you to check out the other Small Business PPP/EIDL videos posted in our channel as well as the resources we’ve compiled here: learn.claracfo.com
Do you need a loan to settle your debt or to pay off your bills? Have you been turned down constantly by your Banks and other financial institutions just because you have a low credit score? Do you need a loan or funding for any reason such as,
* Holiday Loans
* Vehicle Loans
* Real Estate Loans
* Business Loans
* Mortgage Loans
* Construction Loan
* Home Loans
* Investment Loan
* Debt Consolidation Loans
* Personal Loans
Note: We give out loan at affordable interest rate yearly.
Interested persons should contact us via email:capitalloan011@gmail.com to enable us open a loan processing file.
Warm Regards,
Hi, it is so easy helpful advice. Have a question, I need $40000 EIDL loan. I am self employed. How can I apply? I am really hard time during this pandemic
You can apply through the SBA covid19relief.sba.gov/#/
If you receive the $1000 advance, then decide not to accept a loan, do you need to return the $1000? Or what else do you have to do?
The EIDL advance is separate from any EIDL loan.
When you receive your Loan amount have your credit been pulled at this point?
Yes
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal,
To fix your credit card,
To fix your credit score,
Western Union hack,
To hack into your cheating husband phone,
Bank account,
PayPal,
Instagram verification,
facebook and many more.. His fast and reliable............
Yes
are the EIDL loans only for agricultural businesses only?
No, but if you haven't applied already, they are only accepting loans now for Ag businesses.
@@ClaraCFO Thank you for the reply, I did apply and received the EIDL $1000. But that is all I got, I am thinking I never actually applied for any other loan since I only did it directly thru SBA.COM
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal,
To fix your credit card,
To fix your credit score,
Western Union hack,
To hack into your cheating husband phone,
Bank account,
PayPal,
Instagram verification,
facebook and many more.. His fast and reliable............
Did you get the grant before creating the portal
Question 🙋!!!!. If we have a family partnership busines do each person need to apply? Or is the busines who will be applying? And do all need to have a social security number?
Oo one more thing lol? And can we still. Apply for it?
Daniel Suarez ...🤨
@@Sketchesz sorry i think is hard question lol 😂.. Or did you explain that already in another video,?? 🤔 I am new to your Chanel lol.. And by the way you have really nice content 😁😁😁
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal,
To fix your credit card,
To fix your credit score,
Western Union hack,
To hack into your cheating husband phone,
Bank account,
PayPal,
Instagram verification,
facebook and many more.. His fast and reliable............
Hi Daniel, the business applies. Any owners get listed. However, the EIDL funds are earmarked now only for agricultural businesses.
What are closing documents you have to sign?
They are EIDL documents from the SBA.
Do you need to go through all these steps completely to receive the grant only?
Per the SBA the EIDL Advance has been discontinued.
Note: All available funds for the EIDL Advance program have been allocated. By law, SBA is not able to issue EIDL Advances once program funding has been obligated and is no longer available. EIDL loan applications will still be processed even though the Advance is no longer available. www.sba.gov/page/disaster-loan-applications
Hi accidentally put the grant in personal account instead of my business account my bank return the funds will they send me out a check
You should contact the SBA in regards to this.
How long after you get the portal does the closing documents part kick in?
Unfortunately, we can't answer all of the specific questions we receive. We encourage you to check out the other Small Business PPP/EIDL videos posted here in our channel as well as the resources we’ve compiled here: learn.claracfo.com
What financial documents did you have to specify upload if any?
Thank you for your question. Unfortunately, we can't answer all of the specific questions we receive. We encourage you to check out the other Small Business PPP/EIDL videos posted in our channel as well as the resources we’ve compiled here: learn.claracfo.com
Contact +1(203)2129832 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal,
To fix your credit card,
To fix your credit score,
Western Union hack,
To hack into your cheating husband phone,
Bank account,
PayPal,
Instagram verification,
facebook and many more.. His fast and reliable...................
Hi Clara, Great content! I did receive $1,000 advance. Then got the same email to create account through the portal. This was on May 28th around 4:30pm. However, it still says processing. I did call SBA and they are very nice but could not give me a time line one when I will get loan docs to sign. I called a few times and each time I got a different person all very nice. When should I expect next steps and/or loan docs? The work weekends and I am in the 5th day. This loan will be so helpful for my business and I hope it comes through. Thanks again and looking forward to your response. :-)
Hey Carolina... I’m waiting also! I signed on 5/28
Can you apply for this loan even if you have received a small amount during the Emergency Grant period-the 10k emergency grant they were giving initially. ?
You should be able to apply for an EIDL or PPP loan if you received the EIDL advance. This video may be helpful for you to watch: th-cam.com/video/Y92Z_zW2bfY/w-d-xo.html. Also we've compiled small business PPP resources here as well: learn.claracfo.com.
My. Question after approve for the loan , do I got to make payment of payment of sixth three dollars in order to receive the funds
Contact +1(203)2129832 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal,
To fix your credit card,
To fix your credit score,
Western Union hack,
To hack into your cheating husband phone,
Bank account,
PayPal,
Instagram verification,
facebook and many more.. His fast and reliable................
SBA Putting $1000 in your account for self employed was supposed to be a grant . Then why are they forcing you to sign it as a loan or they will withdraw the application ?
Unfortunately, we can't answer all of the specific questions we receive. We encourage you to check out the other Small Business PPP/EIDL videos posted in our channel as well as the resources we’ve compiled here: learn.claracfo.com
How much days did it take to get the email after processing to sign document
That's what I'm waiting for. I setup portal and stuff. Just waiting to sign closing documents been 3 days now
Nathaniel Malik James I got the $1000 grant in 3 working day
Nathaniel Malik James got it today
@@mightygod8437 how long did it take.? I made my portal Saturday?
Nathaniel Malik James I sign up last Friday get the portal email Sunday I create account get money this morning 4am still waiting for loan agreement to sign it
You can increase the loan after you accept
How
How many days after verification process did you receive the approval email?
I got with help after waiting 2weeks within just 3 days i WhatsApp him
Its been 4 days since the portal creation but no loan docs yet
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal,
To fix your credit card,
To fix your credit score,
Western Union hack,
To hack into your cheating husband phone,
Bank account,
PayPal,
Instagram verification,
facebook and many more.. His fast and reliable............
Did you finally get to sign the loan documents
What can I do If I got approved for a certain dollar amount but I i actually now don’t need that dollar amount but wave to reduce it? Should I call sba?
You should contact your loan provider in regards to this.
Hi, I got a similar email for my business. My question is I have already received the EIDL Advance and then I got the PPP and now this loan portal came, if I decide to take this loan will it affect my PPP loan forgiveness part where the PPP becomes a loan if I take this EIDL loan?
The 2nd question I had was since I received the $10000 EIDL Advance and it inorder to avoid putting any collateral, can I only ask for $15000 loan now or is it still $25000?
Great job by the way in your video
Supposedly if you get the eidl you ppp won't be able to be forgivable.
And you can always adjust your eidl loan if you don't want the full amount that they offer you
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal,
To fix your credit card,
To fix your credit score,
Western Union hack,
To hack into your cheating husband phone,
Bank account,
PayPal,
Instagram verification,
facebook and many more.. His fast and reliable............
Orlin Baca that’s not true
how long do you have to decide to accept the loan before it expires
30 dys
I won’t get charged the whole 30years of interest fee if I’ll payoff the loan amount in 4years right? I mean like no early payoff fees?
No. There is no early pay off penalty.
I received the information by email but I never did get the initial $1000… Does that mean that that is still coming ?
I received my $ 1,000.00 the end of April.And receive an email yesterday about the EIDL approval loan
Not necessarily. There was a certain bucket of money earmarked for advances.
@@LisaArmstrong14 Do u have to sign any paper to get $1000?
I was really hoping that you would have gone into the signed document question because I wanted to ask you this....
I just received my EIDL offer and it was approved but when I went to read the documents it said I had to sign them first in order to read them. That sounds backwards could you please help me understand if I sign it does that mean I'm accepting it as I want to read the documents before I sign them.
also I definitely check the box for the advance for the $10,000 Grant and now they're telling me that I didn't. I do understand that there's been a glitch in the SBA but how do I address that?
Unfortunately, we can't answer all of the specific questions we receive. We encourage you to check out the other Small Business PPP/EIDL videos posted here in our channel as well as the resources we’ve compiled here: learn.claracfo.com
Hello, can i still get UI PUA, thank you
Yes!
Good morning, I didn't finish the question , living in NYC am collecting UI PUA, approve for EIDL loan, can I have both, good day, thank you:)
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal,
To fix your credit card,
To fix your credit score,
Western Union hack,
To hack into your cheating husband phone,
Bank account,
PayPal,
Instagram verification,
facebook and many more.. His fast and reliable............
Do you have to accept their loan offer and complete all those steps in order to receive the 1000 grant money? Or it doesn’t matter if you accept or complete the steps they still send that 1k anyway? Can someone answer my question? Thanks
No you do not but they are no longer doing grants. It ended July 11
Shan Hendrix yeah thanks, guess that’s the reason why I haven’t received the grant because I applied it on July 12, one day after the deadline! Thanks anyway!
Can you request a larger amount after you have accepted amount to low?
It does say in the agreement that you can request more money but that it needs to be done as soon as possible and that its not after 2 years from the signature date.
Thank you for your question. Unfortunately, we can't answer all of the specific questions we receive. We encourage you to check out the other Small Business PPP/EIDL videos posted in our channel as well as the resources we’ve compiled here: learn.claracfo.com
How long do we have to accept it...??
Unfortunately, we can't answer all of the specific questions we receive, but we encourage you to check out the other small business PPP/EIDL videos posted here in our channel, as well as the PPP resources we’ve compiled here: learn.claracfo.com
Hi Clara! Great videos! I’m confused...my accountant told me that under no circumstance can I pay off credit card bills or consolidate debt. You mentioned that this is acceptable to help cash flow...could you clarify?
This is a sticking point for some CPAs my interpretation is that you can if the CC was used for working capital. I know some people disagree. It cannot be used to consolidate long term debt. But CCs are not long term debt.
get a new accountant - if you have receipts or statements you can use it as working capital.
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal,
To fix your credit card,
To fix your credit score,
Western Union hack,
To hack into your cheating husband phone,
Bank account,
PayPal,
Instagram verification,
facebook and many more.. His fast and reliable............
I sent out my application to the Sba on the 18 of june and got my 1k grant on the 23 of june , i still havent got any offer for the loan yet. Is there something i filled out that was wrong in the application coz most of people i know got their email for the loan within 3 to 5 days , please help ? Extremely in need of these loan for my new start up business, put all saving in here to save it ,and im running out of cash 😢😢😢😢
Your gray should have been for $10,000
Unfortunately, we can't answer all of the specific questions we receive. We encourage you to check out the other Small Business PPP/EIDL videos posted here in our channel as well as the resources we’ve compiled here: learn.claracfo.com
What if I don't want to take the loan.
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal,
To fix your credit card,
To fix your credit score,
Western Union hack,
To hack into your cheating husband phone,
Bank account,
PayPal,
Instagram verification,
facebook and many more.. His fast and reliable............
Hi i did mines Monday still ain't received email they say my application process
Same I did mine Sunday and still shows processing today processing
Ima give it to tonight or tma nite no email doing ova
Precious Lewis i still haven’t received an acceptance email, still says processing
I end up doing mines ova in delete my first application in processing the new one
Thank you for your question. Unfortunately, we can't answer all of the specific questions we receive. We encourage you to check out the other Small Business PPP/EIDL videos posted in our channel as well as the resources we’ve compiled here: learn.claracfo.com
I dont want the loan, only the advance. I've verified my identity and disbursement, but did not accept loan? Only need advance. How do I receive advance? It's been 2.5 weeks. I'm eligible for the eidl.
Per the SBA the EIDL Advance has been discontinued.
Note: All available funds for the EIDL Advance program have been allocated. By law, SBA is not able to issue EIDL Advances once program funding has been obligated and is no longer available. EIDL loan applications will still be processed even though the Advance is no longer available. www.sba.gov/page/disaster-loan-applications
Approved doesn’t mean funding
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal,
To fix your credit card,
To fix your credit score,
Western Union hack,
To hack into your cheating husband phone,
Bank account,
PayPal,
Instagram verification,
facebook and many more.. His fast and reliable............
Mine pprtal came this morning for 125k only asked for 19k
YIKES!!! what does your loan paperwork say?
@@ClaraCFO haven't got docu sign yet. 125k 30yrs 3.75 630 a month. I sent offer for 19k for 83 a month. Waiting for approval now
Woah. I would wait on hold with the SBA to correct that!
@@ClaraCFO correct what I dont want the 125k don't need it
@@dumptruckwoo7114 Yes, id definitely push the SBA for a reassessment. Also, because a loan that big needs to have collateral put up!
I applied & got an eidl advance and got 1k since I am a sole proprietor however I never received an invite to create a portal. i went looking for it on SBA.gov and did not find it. Does that mean I am SOL for a loan?
It probably means they still have not processed your application. I applied 4/4. Ran credit 5/18, 1k grant deposited 5/22, portal invite 6/4
My loan amount was twice the amount of my PPP loan. Does that seem to be consistent with what you're seeing?
Steven, they are based on two different things. PPP is based on payroll, and the EIDL is based on the financial information you entered into your application (somewhat mysterious). I think yours is a coincidence!
As a sole proprietor who files Schedule C with no separation between myself & business/no employees... is the EIDL reported on your personal credit report?
what happen if you decide the last min not accepting the loan. Mean that can we not sign closing document?
The loan documents do expire. I didn't see anywhere to specifically reject the loan though. My guess is that by not accepting the loan, it is considered a rejection if it times out.
@@ClaraCFO thanks :)
Is that true 10k $ is forgivable?
Unfortunately, we can't answer all of the specific questions we receive. We encourage you to check out the other Small Business PPP/EIDL videos posted in our channel as well as the resources we’ve compiled here: learn.claracfo.com
Hi Clara!
Good vid . I have some questions regarding EIDL. Please respond whoever has good knowledge on it.
1) when and how often tax audit is done for EIDL loan?
2) it's for upto 30 years loan, can I continuously use this Eidl loan even after the business and economy becomes normal? As it says disaster loan🤔
3) I have 2 businesses. 1st business got advance only and loan declined. 2nd business got loan eidl. Can I use EIDL fund for both business operating expenses?
Thank you!
@Jeff Hernandez thank you so much for clearing my doubt 🙂
Unfortunately, we can't answer all of the specific questions we receive. We encourage you to check out the other Small Business PPP/EIDL videos posted here in our channel as well as the resources we’ve compiled here: learn.claracfo.com
Hey🖐️
I returned my PPP to the lender on May 29. After the possibility of the new PPP rules, could I reapply? I read that you can reapply only once, is that true?
Hi there! I don't see why not - might be a good question to ask your lender NOW before the bill is finalized!
Clara CFO Group
Hi thank you for the quick response!
I had a day ago but no response, I was just curious. It's a small Bank and I'm not sure what information their following. Thanks again!
Ho i know my loan number?
You should check your loan application.
Is EIDL Loan show on ur personal credit
Contact +1(706)6755424 on whatsapp Or via mail@ tommylee1242@gmail.com (he does not take upfront payment) if you need help Hacking your PayPal,
To fix your credit card,
To fix your credit score,
Western Union hack,
To hack into your cheating husband phone,
Bank account,
PayPal,
Instagram verification,
facebook and many more.. His fast and reliable............
Not all loans over 25k require collateral 👍🏼
Can u elaborate?
Please do?
I am CEO of New Frontiers company ltd and registered company in Ghana i am applying for funding for $ 1,000,000.00 for real estate business
Oh so if you want to start a business? do this
Noooooo - this is not for new businesses.
Hi.
Will EIDL loan effect PPP loan ? Can you explain, please.
PPP loan $5000 and EIDL probably $9000 but I haven’t agreed yet on EIDL.
After the offer and after you select the needed amount, can they decline your loan, or the next step is the signing of closing documents?
Where is the $10,000 grant during all this? If I got the first email asking me to approve a loan amount, does that mean the $10,000 will come automatically as well?
Great question.
Same question I have .. No one is answering !
You'd have to contact the SBA in regards to the EIDL advance (www.sba.gov/funding-programs/loans/coronavirus-relief-options/economic-injury-disaster-loan-emergency-advance). For additional Small Business PPP resources you can check out: learn.claracfo.com.
Do you need a loan to settle your debt or to pay off your bills? Have you been turned down constantly by your Banks and other financial institutions just because you have a low credit score? Do you need a loan or funding for any reason such as,
* Holiday Loans
* Vehicle Loans
* Real Estate Loans
* Business Loans
* Mortgage Loans
* Construction Loan
* Home Loans
* Investment Loan
* Debt Consolidation Loans
* Personal Loans
Note: We give out loan at affordable interest rate yearly.
Interested persons should contact us via email:capitalloan011@gmail.com to enable us open a loan processing file.
Warm Regards,
Email portal came today for $5.5k. No grant for any $. SBA said bank # was wrong. We changed it but they said no idea if and when grant will show up. She said don’t call every day for 30 days.
Similiar happened to me... I was offered 5,700$ I changed the amount to 1,000$, never received the grant nor have I received the loan. I recently got an email asking specifically what type of AG business I have and what my costs were for 12 months prior to the ‘Rona
Do you need a loan to settle your debt or to pay off your bills? Have you been turned down constantly by your Banks and other financial institutions just because you have a low credit score? Do you need a loan or funding for any reason such as,
* Holiday Loans
* Vehicle Loans
* Real Estate Loans
* Business Loans
* Mortgage Loans
* Construction Loan
* Home Loans
* Investment Loan
* Debt Consolidation Loans
* Personal Loans
Note: We give out loan at affordable interest rate yearly.
Interested persons should contact us via email:capitalloan011@gmail.com to enable us open a loan processing file.
Warm Regards,