How to access your EIDL Loan

Описание: You have applied for your EIDL Loan but what's next? How do you access your funds and is the SBA even giving you updates. It varies in that department. But what I do know after speaking with 2 people at the SBA who gave me the process going forward on how we will receive our $10K grant advance, our EIDL Loan, checking your status, getting finalized documents to sign, and lastly getting paid. Now you can also deny the loan and just take the advance. The steps that are happening is credit check with Experian, so make sure you don't have a freeze on your credit. That is the one bureaus that is not included in your credit karma, be sure to download the free app direct.You should then receive a email from SBA.GOV that includes a link to "create account", then be redirected to the SBA site where you can then login and see all your loan and grant details. But you need to know that the SBA improvised like they enjoy doing and not following the CARES ACT per the legal verbiage. Decided to only give businesses $1K per employee. This is extremely disappointing but reality. The one question I still have after all of this is if I get approved for a loan and they gave me less than $10k for a advance will I get the remainder as a grant when I sign my loan docs? So hopefully in the near future video I make I can get a concrete answer for everyone.

#sba #eidl #EIDLupdate #SBAEIDL #10kgrant #caresact #howtoaccessmyEIDL #stimuluspackage

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❎I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a Youtube video for entertainment purposes ONLY. DO NOT make buying or selling decisions based on Prime NW Property's videos. If you need advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer/etc. financial advisor, or the appropriate professional for the subject you would like help with. Any use of other media is by fair-use or license only. Jenny Lapointe is a licensed real estate broker doing business as Prime NW Property Associates of RSVP Real Estate in Washington under LIC #125185. This is not an advertisement of property for sale. Any mention of properties listed or sale or otherwise shall not be construed as anything other than an opinion for entertainment purposes only.