Did anyone apply for that 10K grant under the SBA Economic Injury Disaster Loan program??

blackhand

Potential Star
Registered
I got my PPP today from PayPal. I got my advance on the 30th so im thinking another week or so for the EIDL loan.
 
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blackhand

Potential Star
Registered
nope the advance was $1000. The ppp is totally different. But I did it three times. insufficient payroll the first two times then I included my schedule C form for my taxes. I was approved in about two hours. So basically I applied, approved, and money was deposited in under 8 hours. But they may have had my stuff in a certain pile because when I first applied it took about a week for the denial. Second time about two days. Hell the third they may have been waiting on my ass to get it right!
 

KrafMatik

Rising Star
Registered
Got an email from SBA saying I was approved for 13,000. I had to answer some identity questions and submit the application. 30 years at 3.75. I got 1k about 1 month ago. I applied for it just for the fuck of it. If i get this loan will i need to provide actual business documents?
 

hottmixx

Gutta Queen Super Star***
BGOL Investor
I applied the first day it became open to the public. Not the PPP but the other one directly through SBA. I just got my 501.c.3 non-profit last November. They just sent me my 1000 today and approved me for 11500 at 2.75 percent interest over 30 years. I should have claimed more than 1 employee. They also did a hard pull on my credit which I didn’t like.
 

TENT

Rising Star
BGOL Investor
3.75%
I applied the first day it became open to the public. Not the PPP but the other one directly through SBA. I just got my 501.c.3 non-profit last November. They just sent me my 1000 today and approved me for 11500 at 2.75 percent interest over 30 years. I should have claimed more than 1 employee. They also did a hard pull on my credit which I didn’t like.
 

TENT

Rising Star
BGOL Investor
Ok. I stand corrected then.

My bad sir.

No sir. Mine is 2.75. I went back and read my loan documents again after I saw everyone else post 3.75 percent and my paperwork is clear as day at 2.75 percent. Like I said they did a hard pull on my personal credit even though I have an EIN.
 

RoomService

Dinner is now being served.
BGOL Investor
I got my approval today. I made 14g's in this side hustle and they granted me half of that. 30 year loan at that these terms. SURE. So total, I netted about 8500 for two hard pulls. I ll take that 3 to hit on my credit file.
nice
 

LordSinister

One Punch Mayne
Super Moderator
They hit me back and said I qualify for 14k. Gotta ask my tax lady the best way to keep the money without paying that shit back.
 

castro

BABYLON fear I
Registered
I did. However they gave out the money based on the number of employees you have. I have one, myself, so I got $1000. Hey it is better than a sharp stick in the eye!
 

meilmarc

Rising Star
BGOL Investor
they sent me an email this morning saying to resubmit my info for the 1k advance. About 3 weeks ago they approved me for 14k but I didn't accept it because I really dont want the debt even though its low interest and my pockets ain't hurting that bad. I'll see coming up within the next few months if my side hustle kicks back up. I have until the end of September to accept the 14k.
 
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MackInTraining

Rising Star
Platinum Member
The rumor on YouTube is that the EIDL Grant is now back to taking applications from everyone and not just agriculture businesses. If you havent already applied. hit them up.
 

meilmarc

Rising Star
BGOL Investor
I resubmitted the info for the grant Saturday. The 1k was deposited into my account this morning. Im gonna hold off on the loan for at least 3 months to see if my side hustle picks back up within that time frame
 
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RoomService

Dinner is now being served.
BGOL Investor
I resubmitted the info for the grant Saturday. The 1k was deposited into my account this morning. Im gonna hold off on the loan for at least 3 months to see if my side hustle picks back up within that time frame
I never got the 1k, but I was approved for the loan. I applied Tuesday.
 

Deezz

Rising Star
BGOL Investor
SBA approved me for 20K but i didn't get the 1k advance. Im not gonna take it though, I only wanted the advance because it was forgiven.
My girl got approved for 20K as well. She didn't have to start paying it back for a year and the payments are $100/mo. She got it at 3% interest rate. She turned it down as well.
 

Adam Knows

YouTube: Adam Knows
Platinum Member
they sent me an email this morning saying to resubmit my info for the 1k advance. About 3 weeks ago they approved me for 14k but I didn't accept it because I really dont want the debt even though its low interest and my pockets ain't hurting that bad. I'll see coming up within the next few months if my side hustle kicks back up. I have until the end of September to accept the 14k.


i got this for my second business application, i had spoke to them prior they said they did this because they ran out of money and got more in.
 
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