If you’ve gotten the EIDL and are waiting not-so-patiently for much-needed monetary relief, you’re in the right place. In this post, we’ll take a look at the ways you can inspect the status of your loan, what you’ll require in order to inspect your status, and even methods to recognize possible scams.
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: [null,2,14687834],” 15″:” Monaco, Menlo, Consolas, ” Courier New “, monospace “,” 16″:9 ‘readability= “1.2636363636364” > Need more information and resources tailored toward small company owners throughout this Coronavirus (COVID-19) pandemic? Please inspect out the resource center we’ve created. 3 Places To Check The Status Of Your EIDL Application The details listed below is sourced from the SBA website. Some merchants are reporting that when getting in touch with
the SBA, they have actually found that there is currently no way to examine the status of your EIDL application. We presume that this is because of the high volume of applications the SBA has received. Know that some techniques of contact may not work at this time. There are three methods to inspect the status of your EIDL application,
and all are directly through the SBA. Keep checking out for more information
about these methods for validating the status of your loan application. Online Through The SBA Website If you sent your application online , you can check the status of your loan through the SBA website. This is the quickest and simplest way to validate the status of your EIDL. Please note that if you used through the expedited COVID-19 website, you will be unable to check your status online.
Just log into the SBA Economic Injury Disaster Loan Portal using the e-mail address or username and password with which you signed up when finishing your online application. Once you’ve logged in, you’ll be able to examine the status of your loan.
As an option, you can also examine your loan status through the Disaster Loan Assistance Portal. When applying for your loan, this also requires the username and password utilized. Through these portals, you can see information associated to your application including the application number, the present status, and the date that the status was last updated.
You can also discover out the status of your EIDL application by phone. You can utilize this method if you submitted your application online or by mail. Call 1-800-659-2955 (the SBA Disaster Assistance client service center) about the application procedure, the status of your loan, or with any other concerns you may have. If you applied through the COVID-19 website, the SBA will contact you, however you may have the ability to get the answer by calling the toll-free number.
If you mailed in your application, this is the best method to discover the status of your loan, as you will not have a username and password to log onto the online portal. On the plus side, this approach allows you to talk to an SBA rep that will address your concerns, even if these surpass finding out the status of your loan. On the other hand, though, you might be stuck waiting on hold, as other organisation owners are likewise asking about the EIDL program and loan statuses.
You can also connect to the SBA by email to discover more about the status of your loan or to ask about the EIDL program. All e-mails must be directed to the catastrophe help customer support group at email@example.com!.?.!. Use this technique if you have additional concerns about the program or submitted your application by mail. Otherwise, you’ll be much better served using the online website to check the status of your loan.
What You’ll Need To Check Your EIDL Status
What you’ll require in order to examine your EIDL status varies based on how you contact the SBA. The simplest way is through the online portal. You’ll need the username that you chosen when filling out your application if you utilize this approach. You can likewise utilize the email address that you utilized when signing up. Furthermore, you’ll require to enter your password to access the portal.
If you hire, you won’t have a username or password, so you’ll require to offer additional information. Have your application number ready if you used online. You may likewise need to confirm extra info, such as the name of your organisation, federal tax ID, and/or your legal name.
Make sure to offer your legal name and your application number (if you used online) if you email the SBA. You might also be needed to send additional details, such as your service name, federal tax ID, or other identifying information.
If you applied through the COVID-19 portal, the SBA will be in contact with you concerning next actions.
Watch Out For These EIDL Application Status Scams
Whenever there’s money included, you can be sure that there’s a fraudster out there aiming to take it, and EIDL financing is no exception. Double-check that the sender’s address ends in sba.gov if you receive an email. Some e-mails look legit, even using the SBA’s logo design, so ensure that you examine the e-mail and examine the address prior to responding. If you’re still uncertain, utilize the email address or telephone number in this post or the contact details found on the SBA site to contact us.
Do not send any individual information up until you’ve verified that the individual you are speaking with is really an SBA representative. Some emails may be phishing efforts to get individual information about your business, including your checking account details.
Remember, you need to only be utilizing the SBA website to examine your EIDL application status. Prevent websites that request payment to speed up financing or provide the status of your loan.
FAQs About Checking Your EIDL Status
I don’t have an application number. Can I still inspect my status?
If you applied through the COVID-19 portal, you will have to wait till the SBA contacts you regarding your loan status, even if you have an application number. Some candidates have not received an email or call from the SBA however did get a deposit in their savings account from the SBA with an attached application number.
If you got an EIDL beyond the COVID-19 portal, you can call the SBA’s toll-free number to inquire about the status of your loan.
I’ve attempted calling the SBA however haven’t heard anything. What do I do now?
Unfortunately, lots of small company owners are discovering it hard to discover out the status of their loans and have experienced delays in receiving their funds. The problem is that customers that used through the COVID-19 portal may not get an update for a number of days or even weeks. Remember, lots of little company owners are looking for monetary relief. Combine this with hiccups in such a new program, and it’s easy to see why there are delayed actions. It can be a pain, merely wait until you get more guidelines or communications from the SBA. This may even be in the type of a deposit to your checking account. Hopefully, more details will appear in the near future to supply further guidance for borrowers.
Be Persistent & & Good Luck
Whether it’s been days because the status on the loan website has updated or you’ve been postponed when you call, getting the status of your EIDL loan and advance can be frustrating. Delays in processing loans– and other company owners looking for answers– have actually made things a bit disorderly for the time being. Simply remain consistent and you’ll succeed in getting a status upgrade.
Attempt another if one approach doesn’t work for you. If you call or email so you can get the responses you require more efficiently, make sure to have any extra concerns ready. And if your status remains unchanged today, try again tomorrow.
Need to get more information about the financial options available to you? Take a look at our COVID-19 center to discover resources, tips, and recommendations to help your little service weather the storm. Best of luck!