Results 1 to 12 of 12
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06-18-2020, 08:28 PM #1
- Join Date
- Nov 2017
- Posts
- 153
EIDL Loan for brokers
Any Brokers receive the EIDL loan ?
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06-19-2020, 09:59 AM #2
- Join Date
- Apr 2019
- Posts
- 318
i got denied but received the grant.
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06-19-2020, 11:01 AM #3
- Join Date
- Apr 2015
- Location
- Louisiana
- Posts
- 299
got the loan funded this week for EIDL
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06-19-2020, 11:43 AM #4
- Join Date
- Oct 2016
- Posts
- 72
Received EIDL last week and PPP last month
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06-19-2020, 11:59 AM #5
- Join Date
- Dec 2017
- Posts
- 238
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06-19-2020, 03:45 PM #6
We received both through wells fargo. But we have been banking with them for years. Submitted as business consulting services
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06-20-2020, 02:21 PM #7
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,976
EIDL is a direct application - takes about 5/10 minutes
https://covid19relief.sba.gov/#/
Sole Prop = SSN
Business Entity = EIN - "Applicant is a business with not more than 500 employees.
PPP - Utilize your bank (if lobbies are closed) make an appointment
or - they are alternative resources to apply SBA such as Community Banks, Square, etc.Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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06-22-2020, 10:01 AM #8
- Join Date
- Oct 2016
- Posts
- 72
We applied with Chase and Lendio. Lendio moved quicker than Chase did and we received the funding through Ready Capital. I was literally laughing when I found out that the underwriters from Knight (since Ready owns them), were participating in the underwriting for PPP loan applications
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06-23-2020, 07:16 PM #9
- Join Date
- Nov 2017
- Posts
- 153
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06-23-2020, 07:17 PM #10
- Join Date
- Nov 2017
- Posts
- 153
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06-23-2020, 07:18 PM #11
- Join Date
- Nov 2017
- Posts
- 153
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06-24-2020, 12:01 PM #12
- Join Date
- Nov 2018
- Posts
- 23
Business Services.
EIDL was a very simple process directly on SBA website
- 10 minute application
- No payments for 12 months
- 3.75% for 30 years
- Funded 48 hours from completed docusign
GOD BLESS AMERICA
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