EIDL Disaster Relief Loan update from SBA
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  1. #1
    Senior Member Reputation points: 81657
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    Quote Originally Posted by Olderguy View Post
    So just effective now, the SBA has a separate preparer queue you can get transferred to. Those agents are much more knowledgeable than the standard agents and do allow you to submit more than 3 files for updates. They will go deeper into each file for information, status and actions. And yes, the local SBA people do have the ability to access and help fix issues too.

    Issues are usually credit history, duplicate status, 4506T docs not back from IRS, matching documentation issues - not much the Congressperson can do on those issues. Maybe if it's under "review" they can expedite the review.

    You are not listening - Our suggestions are for the biz owner that has been "Approved" since they have been "APPROVED" all the issues you mention have been resolved.
    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

  2. #2
    Senior Member Reputation points: 71496 Olderguy's Avatar
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    Sep 2021
    Location
    Irvine, CA
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    Quote Originally Posted by Yankeeman07 View Post
    You are not listening - Our suggestions are for the biz owner that has been "Approved" since they have been "APPROVED" all the issues you mention have been resolved.
    Ok if that's the case you are correct....too few approved, too many with issues....my slap face emoji
    Steve Benjamin
    Professional Business Loans

    522 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

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