How do I request the full amount of the first SBA loan that was offered?

By Murray Wennerlund published 10-21-2022 updated 10-21-2022
Make a contribution | Print | Loan | 295 views

What you can not spend your Economic Injury Disaster Loan EIDL money on.

By Murray Wennerlund published 10-21-2022 updated 10-21-2022
Make a contribution | Print | EIDL | 525 views

Follow Code of Federal Regulations C.F.R. I know you were looking for this code and I have a few notes at the bottom of this post for clarification.

By Murray Wennerlund published 10-21-2022 updated 10-21-2022
Make a contribution | Print | EIDL | 311 views

Understanding when its best to decrease or cancel the loan amount that the SBA has awarded you. If you find that you can qualify for grants and understand that the SBA loan will count against you this is when you would decrease your SBA loan needs.

By Murray Wennerlund published 10-20-2022 updated 10-20-2022
Make a contribution | Print | Decline | 285 views

The SBA will use a different declined loan code or reason for cancel code depending on your actions. If you simply choose to ignore the phone calls and letters from the SBA you might get a different code than if you informed the SBA that you decline.

By Murray Wennerlund published 10-20-2022 updated 10-20-2022
Make a contribution | Print | Decline | 301 views

A PROPERLY SIGNED NOTE IS REQUIRED PRIOR TO ANY DISBURSEMENT. CAREFULLY READ THE NOTE: It is your promise to repay the loan.

By Murray Wennerlund published 10-19-2022 updated 10-19-2022
Make a contribution | Print | Promissory | 455 views

LOAN AUTHORIZATION AND AGREEMENT LAA SBA Form 1391 5-00 Ref 50 30

By Murray Wennerlund published 10-19-2022 updated 10-19-2022
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When you need to update banking information or if you made a mistake with your routing number or account number on your original application to the SBA for your EIDL you should keep things focused in your email. On point, single subject, no questions.

By Murray Wennerlund published 10-17-2022 updated 10-17-2022
Make a contribution | Print | EIDL | 282 views

If you have made a mistake submitting your company revenue and know the correct figures which you have documented proof. You can follow the following steps for reconsideration.

By Murray Wennerlund published 10-17-2022 updated 10-17-2022
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Economic Injury Disaster Loans EIDL are available only to a small business engaged in an eligible business activity. Business activity means the nature of the business conducted by the applicant.

By Murray Wennerlund published 10-15-2022 updated 10-15-2022
Make a contribution | Print | Declined | 410 views