If it didn’t come through in the existing portal, and the link just takes you to portal login screen, try the suggestions in FAQ no 15 https://www.reddit.com/r/EIDL/comments/gqluc9/read_this_first_official_frequently_asked/. How do you create a SBA EIDL account if you have applied for two separate loans for two separate companies, but used the same email address? Create your SBA economic injury disaster loan portal account to provide additional details or requested documents.” The problem I’m running into is when I click the link, it takes me to where I log in…it does not give me the option to SET UP the portal. 17 These documents are required for processing and EIDL application. I wish everyone the best of luck on these.. Small businesses have been devistated by this. Question? The SBA recently began accepting new applications for its Economic Injury Disaster Loan from all qualified small businesses and U.S. agricultural … Password. I clicked on forgot password, hoping I would get a password reset but nothing. No portal invite or deposit though. Answer: Economic Injury Disaster Loans may be used to pay fixed debts, payroll, accounts payable and other bills that cannot be paid because of the disaster’s impact. Username or email. Loan amount up to $26,500 (See screenshots below) I am working on how to upload the screenshot image). It doesn't sound like you have that option. also same... do you know your original confirmation series #? no follow up yet. ... You’ll probably want to establish a separate business account for operating expenses, if … We would like to show you a description here but the site won’t allow us. Economic Injury Disaster Loans Still, no money deposited but these messages are very encouraging. Discover the magic of the internet at Imgur, a community powered entertainment destination. But monies and approvals ended up less forthcoming than the new EIDL promises to be. Complete, sign and date IRS Form 4506-T with your application, giving permission for the IRS to provide SBA … The Economic Injury Disaster Loan program through the SBA is a long-standing program intended to help businesses hurt by tornados or wildfires. According to charging documents, the defendants were involved in a conspiracy to use stolen identity information of United States citizens to apply for SBA Economic Injury Disaster Loans. Login - SBA Economic Injury Disaster Loan Portal Application. Answer: SBA economic injury disaster loan funds cannot be used to refinance pre-existing debt. I qualify for up to 26,500. Congrats. Enter a name for the item, then in the Category drop-down, pick the correct expense category. Type the amount in the Amount box and press Save and close. At this point from seeing all these posts I guess we got denied but did receive the advance. The SBA Disaster Loan program became available to small business prior to the coronavirus crisis. 1. The blue box would say "change business" and if it's there, it toggles between two different apps. Lift your spirits with funny jokes, trending memes, entertaining gifs, … Here is the Screen Shot: https://imgur.com/a/xTRUbhB. I got the $1,00/employee email yesterday, got my $2,000 today but never received an invite to the loan portal. Grant deposit went into bank account this morning. As of mid-March 2020, the SBA revised criteria for states or territories seeking an economic injury declaration related to the coronavirus(COVID-19). Disaster Loan Assistance Federal Disaster Loans for Businesses, Private Nonprofits, Homeowners, and Renters It is a low-interest federal loan issued by the SBA to alleviate economic injury small businesses or private nonprofits are experiencing injury and, in this case, injury caused by the Coronavirus (COVID19). Log in to your portal and click on the blue box in the top right hand corner to switch/change business and you should be able to see your other company/App there. The timelines are being shared on the subreddit called SmallBusiness. Did you already fill out the long App? I just got an email from the SBA regarding the economic injury disaster loan advance and I wanted to clue anyone in who's wondering how it really happens. The U.S. Small Business Administration (SBA) announced that it has reopened the portal for eligible applicants hurt by COVID-19 to apply for the Economic Injury Disaster Loan (EIDL) and the EIDL Advance program.. The problem, (and I feel embarrassed about this) is that I do not know if I should take it. SBA Office of Disaster Assistance | 1-800-659-2955 | 409 3rd St, SW. Washington, DC 20416 Password. Portal. U.S. Small Business Administration. Apply online for an SBA disaster assistance loan. No advance, no warning, nothing. I called SBA four times and waited around 45 minutes each time, but every time someone picks up they state they can't hear me and hang up. Haven't heard a single word for almost 3 weeks. Then 6 hours later I got the "Create your SBA Economic Injury Disaster Loan Portal Account" email. Is this loan the same as the PPP? Please login to your SBA Economic Injury Disaster Loan Portal account to complete the next steps within the next 30 days. Not a word for three solid weeks and bamm.. All at once.. New comments cannot be posted and votes cannot be cast. Press question mark to learn the rest of the keyboard shortcuts, https://www.reddit.com/r/EIDL/comments/gqluc9/read_this_first_official_frequently_asked/. FAQ 15 appears to deal a possible browser issue. Got first vague email about 17 hours ago. I thought the same thing 6 hours ago. The SBA provides low-interest disaster loans to help businesses and homeowners recover from declared disasters. Second question. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. Managing my account only changes the password. Not sure why. Was loosing hope and got this message last night: On March 29, 2020, following the passage of the CARES Act, the SBA provided small business owners and non-profits impacted by COVID-19 with the opportunity to obtain up to a $10,000 Advance on their Economic Injury Disaster Loan (EIDL). SBA rep said look for EIDL funds to be deposited. I asked SBA rep about closing docs first or phone call from loan officer, they said looks like I’m in queue for deposit. On March 29, 2020, following the passage of the CARES Act, the SBA provided small business owners and non-profits impacted by COVID-19 with the opportunity to obtain up to a $10,000 Advance on their Economic Injury Disaster Loan (EIDL). I got the portal email posts I guess we got denied but did receive the Advance and votes not. 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