EIDL Loan Update Today ➤ Life After EIDL ➤ Q&A with SBA?
Eidl Loan Update Today: Life After EIDL Q&A with SBA? Here is a quick recap of some of the questions asked:
➤ My business needs approximately $150,000 to purchase equipment. Can SBA help me find a lender in my area?
Lender Match helps you find capital in your community. The free online tool matches you with potential lenders by your industry type, age of business, location, and financial need. SBA Lender Match ➤https://www.sba.gov/funding-programs/...
➤ SBA says that my 2019 taxes were not filed. They were, and I have them stamped at the local IRS office.
The information may not have populated to the transcript yet. However, if the 4506T doesn’t exactly match the 2019 federal tax return, the return will not be found. Common issues include:
Business address does not match 2019 tax return
Business owner did not use the correct title when signing the form
➤ I applied for reconsideration for my EIDL on May 4, 2022, but haven’t heard from SBA. Does that mean that I was denied?
The funds have been exhausted. Even though you requested reconsideration in time, there are no funds available so the processing cannot continue.
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