Eidl grant status reddit. Here's what you need to know. A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. Update: Just called in for an update. Happy chatting 馃槉 ETA: The new loan formula is (2019 revenue - COGS) x 2 . He said everything else looks good and will make the change and that should help my approval. I fell behind a few months on the payment because of a personal issue, but I just paid off those remaining amounts that were past due on Friday and yesterday. Full $10k EIDL grant for everyone!! Now that the SBA has resumed taking applications for EIDL from anyone again (they obviously still have funds available!) Let's start to make lots of noise about how they arbitrarily reduced our grants to only $1k/employee. I submitted 165 SBA EIDL applications for my clients. I was told my application was “declined” and the gentleman said it was most likely because I check a box stating I was a church (which were not). Use r/TargetedEIDL for advance/grant issues. Now that people have submitted requests for EIDL increases based on the new formula, it seems as though it would be helpful to have a megathread where you can ask questions and discuss your individual experiences. 69 votes, 145 comments. Only 5 received grants, but starting yesterday some of them started… A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. 10 votes, 64 comments. The CARES Act included a requirement that a $10,000 grant be awarded within 3 days of an application to the SBA’s Economic Injury Disaster Loan program to help cover operating expenses while waiting for the loan processing. Jan 5, 2024 路 WASHINGTON – The U. Final Notice of Delinquency was received in November. Reply SuperCristie008 • Additional comment actions EIDL Grant -- Did you have employees when you got the grant We also applied 03/30, got the grant on 04/10, and then when I went back to look at it online, the max amount on the slider had gone wayup. Portal page under A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. S. Business Journals: SBA's Economic Injury Disaster Loan program to see big changes. Once Treasury takes extra collection steps, your loan is no Jan 15, 2025 路 Received EIDL loan for under $60,000. Paycheck Protection Program (PPP) loan forgiveness PPP is closed. Any comments relating to anything other than the increase as a result of the new formula will be removed. The system portal still says Payment Past Due, those payments are still in a submitted status, and I am not sure what to do. Small Business Administration (SBA) has announced expanded flexibility and accommodations for COVID EIDL and PPP borrowers to help bring them into compliance and avoid the repercussions of defaulting on a government loan. Feb 5, 2026 路 In the body of the email, include your loan or application number, reason for request, business name, applicant name and contact information. A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. To make payments to existing loans, including COVID EIDL, contact the SBA Secure Payment Portal at 833-853-5638 (TTY:711). So we applied for $100K (04/14), the loan docs came 2 days later, and the money arrived today (04/20). gov login page and it still… Aug 15, 2025 路 Economic Injury Disaster Loans Small businesses, small agricultural cooperatives, and most private nonprofit organizations located in a declared disaster area and which have suffered substantial economic injury may be eligible for an SBA Economic Injury Disaster Loan (EIDL). Where is everyone logging in to check the status of their EIDL application? I go to the sba. This generally occurs after you are 180 days late on a payment. SBA Lending Portal Your browser is not supported by the MySBA Loan Portal Aug 15, 2025 路 Economic Injury Disaster Loans Small businesses, small agricultural cooperatives, and most private nonprofit organizations located in a declared disaster area and which have suffered substantial economic injury may be eligible for an SBA Economic Injury Disaster Loan (EIDL). All loans in repayment, including past due loans, are eligible. You're also eligible if your loan is in default (more than 120 days late on a payment) as long as it hasn't been sent to the Treasury for extra collection steps. nsbv sxzs srcme rjeoru wenm hnbf uiqnnm licbjcfw tbzyzb mrbxiz