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For loans $25,000 or less: No fees if applying directly through SBA For loans greater than $25,000: One-time $100 fee for filing a lien on borrower’s business assets plus costs to file lien on real estate when applicable For loans greater than $500,000 where SBA is taking real estate as collateral: One-time $100 fee for filing a lien on borrower’s business assets.
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Updated: 2 hours ago
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EnoughAgent. · 6m. I saved the 800-366-6303 and the 817-868-2300 (which is the number they call from in Dallas) to my contacts and I've received calls from both these numbers over the last year. But I still answer all the calls to my phone. 2. level 1. GetCakeDieYoung79.
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Updated: 7 hours ago
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It is published on the SBA website, so I don't feel like I am giving out an unpublished number. It is a working number, hours are 7am-5:30pm CST. 817-868-2300. EIDL. 24 comments. 95% Upvoted. This thread is archived. New comments cannot
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Updated: 4 hours ago
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Call 1-800-659-2955 (the SBA Disaster Assistance customer service center) and ask for Tier 2. These reps can answer questions about the application process and your EIDL loan status. If you applied through the COVID-19 portal, the SBA will contact you, but you may be able to get answers by calling the toll-free number.
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Updated: 1 hours ago
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Operation HOPE's Chief Financial Officer, Brian Betts, outlines key points within the CARES Act for both the Economic Injury Disaster Loan (EIDL) and Paychec
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Updated: 6 hours ago
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DMA222. · 4m. I would google PPP, SBA phone number. I just spoke to a live EIDL rep at SBA by doing that. Real helpful to talk rather than emails. But I would send an email as a backup - …
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Updated: 2 hours ago
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This was my 1st draw PPP loan. I'd previously received an SBA EIDL loan last July. Jan 19 - Submitted app & documentation. Jan 23 - Loan # and "Active undisbursed" status appeared in Caweb. Jan 29 - email from Cross River that SBA approved loan. Feb 1 2:43PM - received loan closing documents. Feb 1 6:18PM - signed and submitted loan closing
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Updated: 5 hours ago
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Thank you for your interest in Dime Community Bank and the Paycheck Protection Program. Sincerely, Dime Community Bank The Best Business Bank in New York Business Address Business TIN (EIN, SSN) Business Phone ( ) - Primary Contact Email Address Average Monthly Payroll: $ x 2.5 + EIDL, Net of Advance (if Applicable) Equals Loan Request:
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Updated: 3 hours ago
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Approved / Funding Received. After applying in February, finally approved for Targeted Advance $8000. EIDL Loan approved for $98K. I did not ask for that amount. Asked for $25K to keep it unsecured loan. They modified the loan down. 16. 28 comments.
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Updated: 3 hours ago
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Tier 2 Phone Number? General. Close. 6. Posted by 1 year ago. Archived. Tier 2 Phone Number? General. Does anyone know the phone number to contact Tier2? If not, maybe regular customer service? Thanks in advance for your help! 6 comments. share. sav
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Updated: 4 hours ago
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Tier 2 phone number please. Close. 6. Posted by 5 months ago. Tier 2 phone number please. Can someone please share the direct number for tier 2 customer service?? Sorry but the hold times for regular customer service recently have been upwards of 2
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Updated: just now
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According to our recent YouTube poll, 36% of people have been denied an EIDL loan or EIDL loan increase. Below is a template you can copy and customize to use as a starting point to email the SBA about EIDL loan reconsideration. If you have questions about this we'll be doing a live Q&A on Friday, July 23rd from 1pm-3pm PST / 4pm-6pm EST on our ...
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Updated: just now
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A good reconsideration request will clearly summarize the SBA’s reason for rejection, explain your reasoning for the reevaluation, and provide supporting documents to strengthen your proposal. Be sure to include your EIDL loan application number, the date you applied, your business name, and your contact information.
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Updated: 3 hours ago
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Thank you, [Name, title, business name, email, phone number] EIDL Reconsideration Letter Sample for Not Meeting Size Standards To Whom It May Concern: I received notice that my EIDL loan application [#] had been declined because you believed my business, [business name] did not meet the SBA’s size standards.
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SBA Loan Number. First, you need the SBA loan number for your EIDL loan. This 10-digit number is in the Loan Authorization and Agreement (LA&A) you electronically signed with the SBA. It’s at the beginning of page 2 and also on the upper left of all pages in that document.
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Updated: 3 hours ago
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Number of employees as of 01/31/2020; Business owner's information, including name, address, social security number, place of birth, confirmation of US citizenship, cell phone number and percentage of ownership; Bank account information to receive first $10,000 (EIDL Only)
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Updated: 2 hours ago
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The 2020 EIDL Advance allowed small businesses facing economic hardships due to COVID-19 to request an advance of up to $10,000 as part of the EIDL loan application process. This funding was a grant that was not required to be repaid and was available to small businesses that met the SBA’s requirements.
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Updated: 4 hours ago
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To qualify for the first grant, a business would apply for the EIDL via the SBA’s website and within a matter of a few days would receive a deposit in its business bank account equal to $1,000 multiplied by the number of full-time employees (up to $10,000).
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Updated: 2 hours ago
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Now it doesn’t hurt to just send it out, but we still don’t know if you need to receive this email in order for you to send out this email to the SBA. But you already know the email address you need to send it to and remember this is only for you who already got the idle loan in 2020 or early 2021 and now you want to request an increase okay.
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Updated: 6 hours ago
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At first, the SBA was only emailing those who applied for an EIDL loan prior to 12/27/2020, however, as of June 2021, the emails are going out to those who applied in 2021 as well. Old Grant : The CARES Act offered EIDL loan applicants a grant of up to $10,000 ($1k per employee, up to 10 employees).
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Updated: 8 hours ago
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Number of Employees (As of January 31, 2020): List the number of employees you had as of January 31, 2020. If you’re an employee of your business (like if you’re an S corp or C corp), include yourself in this number. If you’re a sole proprietor and don’t have any employees, put zero. Page 3: Business Owner’s Information
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Updated: 6 hours ago
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EIDL Application Step 1 of 6 16% K5 Representative Name* Corporate Officer Name* First Last Phone Number* Your Email* Have You Received the 1st Round of PPP Funding? Yes No Have You Received the 2nd Round of PPP Funding?* Yes No Have you received EIDL Disaster Relief Loan (Up to $500,000)?* Yes No How much… Continue reading Apply – PPP/EIDL
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Updated: 2 hours ago
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Summary of COVID-19 EIDL program policy changes
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Updated: 7 hours ago
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Because you do have to repay EIDL loans, you may be wondering what repayment terms you might receive. With regard to EIDL loans, the SBA states that the interest rate will not exceed 4% per year (the current rate is 3.75%), and the term length will not exceed 30 years. Your exact repayment term length will depend on your ability to repay your loan.
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Updated: 7 hours ago
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An increase to the COVID EIDL cap: the maximum COVID EIDL amount a borrower can apply for will be increased from $500,000 to $2 million. A deferred payment period: payment of the COVID EIDL loan will be deferred until two years after the loan originates (this is up from the 18-month deferment period the COVID EIDL program had stipulated before).
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Updated: 1 hours ago
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This page is purely informational. You cannot apply for EIDL Loans through SBA.com®. You can only apply for EIDL loans through SBA.gov. Small business owners in all U.S. states, Washington D.C., and territories may be eligible to apply for an Economic Injury Disaster Loan (EIDL) of up to $2,000,000 because of the COVID-19 disaster.
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Updated: 8 hours ago
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EIDL proceeds can be used to cover a wide array of working capital and normal operating expenses, such as continuation of health care benefits, rent, utilities, and fixed debt payments. ... Include your application number and any information required to overcome the reason for decline. The process will vary depending on reason
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Updated: 2 hours ago
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By June, 2020, more than 1.7 million EIDL loans had been approved, and that number continues to rise. Despite the loan’s popularity, small business owners may still have many questions about ...
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Updated: 6 hours ago
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The SBA Portal Account Is Real. Numerous business owners have shared that they received the same EIDL email from the SBA that explains they are entitled to received “up to a maximum of $10,000 ...
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Updated: 7 hours ago
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According to the SBA, you should send your application number and information required to overcome the reason for decline via email to [email protected] or mail to the U.S. Small Business Administration Disaster Assistance Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, Texas, 76155.
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Updated: 6 hours ago
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C. A reconsideration involves a thorough, independent review I am writing to request a reconsideration of the denial for EIDL assistance (application number _____). 2k members in the EIDL community. Nov 17, 2020 As of mid-October 2020, the …
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Learn more about how our prepaid debit card options compare to the ACE Flare Account by MetaBank. com for instructions Take a cash advance from your credit card. The U. This feature is available with the 5% Green Dot Cash Back Visa ® Debit Card, Green Dot Visa ® Debit Card, Pay As You Go Visa ® Debit Card, and Green Dot Prepaid Mastercard or ...
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The SBA instructs you to include your application number and any information you may have that will help overcome the reason for decline. ... business address, business owner name(s) and phone number Important: Include an explanation and any documentation that addresses the reason for the decline, if available. ... Melody Mcie says: February 12 ...
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Updated: 5 hours ago
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It could be 1099 income, self-earned income, or income from someone who has an actual S-Corp or C-Corp. There has to be a decline of 30% to receive a $10,000 grant or 50% to receive a $15,000 grant. Here’s one scenario. A teacher gives piano lessons on the side. When she was starting to give lessons in 2019, she made $500 the whole year.
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Updated: just now
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If you are self-employed or a sole proprietor that was in business prior to February 2020, you are eligible to apply for the EIDL loan and advance grant. What is the EIDL grant? The EIDL advance grant was an immediate injection of cash that you didn’t need to pay back and can use for any expenses to help out your business.
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Updated: 5 hours ago
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Update: The new stimulus package, expected to be signed into law by President Joe Biden shortly, includes an additional $15 million in funding for EIDLs. The EIDL program pre-dates the coronavirus pandemic; the CARES Act relaxed requirements, expanded eligibility—and authorized $10,000 advances. These changes to the EIDL program are just some of the ways …
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For help with EIDL, call 800-659-2955 (TTY: 800-877-8339) or email [email protected]. For help with Targeted EIDL Advance, email [email protected]. The SBA Disaster Assistance Customer Service Center is open 8:00 am to 8:00 p.m. ET, seven days a week.