Reply. Define EIDL Grant. • The up to $10,000 advance will be considered an Emergency EIDL grant. For EIDL applicants, I understand the frustration, but just hang in there. EIDL Grant Eligibility. You simply went to the SBA’s disaster loan assistance page and filled out an application. hide. Since any company that’s eligible to receive an EIDL loan is eligible for a grant, the process of getting the up to $10,000 advance for your business was relatively straightforward. Haven't heard a peep, no advance, no credit inquiries, nothing. ._1zyZUfB30L-DDI98CCLJlQ{border:1px solid transparent;display:block;padding:0 16px;width:100%;border:1px solid var(--newCommunityTheme-body);border-radius:4px;box-sizing:border-box}._1zyZUfB30L-DDI98CCLJlQ:hover{background-color:var(--newCommunityTheme-primaryButtonTintedEighty)}._1zyZUfB30L-DDI98CCLJlQ._2FebEA49ReODemDlwzYHSR,._1zyZUfB30L-DDI98CCLJlQ:active,._1zyZUfB30L-DDI98CCLJlQ:hover{color:var(--newCommunityTheme-bodyText);fill:var(--newCommunityTheme-bodyText)}._1zyZUfB30L-DDI98CCLJlQ._2FebEA49ReODemDlwzYHSR,._1zyZUfB30L-DDI98CCLJlQ:active{background-color:var(--newCommunityTheme-primaryButtonShadedEighty)}._1zyZUfB30L-DDI98CCLJlQ:disabled,._1zyZUfB30L-DDI98CCLJlQ[data-disabled],._1zyZUfB30L-DDI98CCLJlQ[disabled]{background-color:var(--newCommunityTheme-primaryButtonTintedFifty);color:rgba(var(--newCommunityTheme-bodyText),.5);fill:rgba(var(--newCommunityTheme-bodyText),.5);cursor:not-allowed}._1zyZUfB30L-DDI98CCLJlQ:active,._1zyZUfB30L-DDI98CCLJlQ:disabled,._1zyZUfB30L-DDI98CCLJlQ:hover,._1zyZUfB30L-DDI98CCLJlQ[data-disabled],._1zyZUfB30L-DDI98CCLJlQ[disabled]{border:1px solid var(--newCommunityTheme-body)}._1O2i-ToERP3a0i4GSL0QwU,._1uBzAtenMgErKev3G7oXru{display:block;fill:var(--newCommunityTheme-body);height:22px;width:22px}._1O2i-ToERP3a0i4GSL0QwU._2ilDLNSvkCHD3Cs9duy9Q_,._1uBzAtenMgErKev3G7oXru._2ilDLNSvkCHD3Cs9duy9Q_{height:14px;width:14px}._2kBlhw4LJXNnk73IJcwWsT,._1kRJoT0CagEmHsFjl2VT4R{height:24px;padding:0;width:24px}._2kBlhw4LJXNnk73IJcwWsT._2ilDLNSvkCHD3Cs9duy9Q_,._1kRJoT0CagEmHsFjl2VT4R._2ilDLNSvkCHD3Cs9duy9Q_{height:14px;width:14px}._3VgTjAJVNNV7jzlnwY-OFY{font-size:14px;line-height:32px;padding:0 16px}._3VgTjAJVNNV7jzlnwY-OFY,._3VgTjAJVNNV7jzlnwY-OFY._2ilDLNSvkCHD3Cs9duy9Q_{font-weight:700;letter-spacing:.5px;text-transform:uppercase}._3VgTjAJVNNV7jzlnwY-OFY._2ilDLNSvkCHD3Cs9duy9Q_{font-size:12px;line-height:24px;padding:4px 9px 2px;width:100%}._2QmHYFeMADTpuXJtd36LQs{font-size:14px;line-height:32px;padding:0 16px}._2QmHYFeMADTpuXJtd36LQs,._2QmHYFeMADTpuXJtd36LQs._2ilDLNSvkCHD3Cs9duy9Q_{font-weight:700;letter-spacing:.5px;text-transform:uppercase}._2QmHYFeMADTpuXJtd36LQs._2ilDLNSvkCHD3Cs9duy9Q_{font-size:12px;line-height:24px;padding:4px 9px 2px;width:100%}._2QmHYFeMADTpuXJtd36LQs:hover ._31L3r0EWsU0weoMZvEJcUA{display:none}._2QmHYFeMADTpuXJtd36LQs ._31L3r0EWsU0weoMZvEJcUA,._2QmHYFeMADTpuXJtd36LQs:hover ._11Zy7Yp4S1ZArNqhUQ0jZW{display:block}._2QmHYFeMADTpuXJtd36LQs ._11Zy7Yp4S1ZArNqhUQ0jZW{display:none}._2CLbCoThTVSANDpeJGlI6a{width:100%}._2CLbCoThTVSANDpeJGlI6a:hover ._31L3r0EWsU0weoMZvEJcUA{display:none}._2CLbCoThTVSANDpeJGlI6a ._31L3r0EWsU0weoMZvEJcUA,._2CLbCoThTVSANDpeJGlI6a:hover ._11Zy7Yp4S1ZArNqhUQ0jZW{display:block}._2CLbCoThTVSANDpeJGlI6a ._11Zy7Yp4S1ZArNqhUQ0jZW{display:none} 2 2. comments. save. ‍♀️, Have you tried calling to check? I have no credit cards or loans. It’s not based on your Schedule C or annual taxes here. ._37coyt0h8ryIQubA7RHmUc{margin-top:12px;padding-top:12px}._2XJvPvYIEYtcS4ORsDXwa3{border-radius:100%;box-sizing:border-box;-ms-flex:none;flex:none;margin-right:8px}._2Vkdik1Q8k0lBEhhA_lRKE{height:54px;width:54px}.eGjjbHtkgFc-SYka3LM3M,._2Vkdik1Q8k0lBEhhA_lRKE{border-radius:100%;box-sizing:border-box;-ms-flex:none;flex:none;margin-right:8px;background-position:50%;background-repeat:no-repeat;background-size:100%}.eGjjbHtkgFc-SYka3LM3M{height:36px;width:36px}.j9k2MUR13FjoBBeLo1C1m{-ms-flex-align:center;align-items:center;display:-ms-flexbox;display:flex;margin-top:13px;margin-bottom:2px}._3Evl5aOozId3QVjs7iry2c{font-size:12px;font-weight:400;line-height:16px;margin-right:4px;margin-left:4px}._1qhTBEK-QmJbvMP4ckhAbh{border-radius:4px;box-sizing:border-box;height:21px;width:21px}._1qhTBEK-QmJbvMP4ckhAbh:nth-child(2),._1qhTBEK-QmJbvMP4ckhAbh:nth-child(3){margin-left:-9px}._3nzVPnRRnrls4DOXO_I0fn{margin:auto 0 auto 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._1cDoUuVvel5B1n5wa3K507{-ms-flex-pack:center;justify-content:center;margin-top:12px;width:100%}.isInButtons2020 ._1eMniuqQCoYf3kOpyx83Jj{margin-bottom:8px}._2_w8DCFR-DCxgxlP1SGNq5{margin-right:4px;vertical-align:middle}._1aS-wQ7rpbcxKT0d5kjrbh{border-radius:4px;display:inline-block;padding:4px}._2cn386lOe1A_DTmBUA-qSM{border-top:1px solid var(--newCommunityTheme-widgetColors-lineColor);margin-top:10px}._2Zdkj7cQEO3zSGHGK2XnZv{display:inline-block}.wzFxUZxKK8HkWiEhs0tyE{font-size:12px;font-weight:700;line-height:16px;color:var(--newCommunityTheme-button);cursor:pointer;text-align:left;margin-top:2px}._3R24jLERJTaoRbM_vYd9v0._3R24jLERJTaoRbM_vYd9v0._3R24jLERJTaoRbM_vYd9v0{display:none}._38lwnrIpIyqxDfAF1iwhcV{background-color:var(--newRedditTheme-line);border:none;height:1px;margin:16px 0}.yobE-ux_T1smVDcFMMKFv{font-size:16px;font-weight:500;line-height:20px}._2DVpJZAGplELzFy4mB0epQ{margin-top:8px}._2DVpJZAGplELzFy4mB0epQ .x1f6lYW8eQcUFu0VIPZzb{color:inherit}._2DVpJZAGplELzFy4mB0epQ svg.LTiNLdCS1ZPRx9wBlY2rD{fill:inherit;padding-right:8px}._2DVpJZAGplELzFy4mB0epQ ._18e78ihYD3tNypPhtYISq3{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:18px;color:inherit} I’ve heard of people applying before 3/29 that apps got lost, although I don’t the validity, so far no loan officer, my portal is still waiting for closing docs on my loan, Same here, 3/30 Short Form, personal credit check 4/17, deposit 4/21, New comments cannot be posted and votes cannot be cast, More posts from the smallbusiness community, Questions and answers about starting, owning, and growing a small business, Press J to jump to the feed. VABuckeye Ohio State Fan Oak Hill, VA Member since Dec 2007 28349 posts. EIDL grant? I got the grant a few minutes ago as well. • A borrower applying for EIDL can request an advance on the loan of up to $10,000 from the Small Business Administration (SBA). 100% Upvoted. 74. When do you think we will get the invite for the loan? These programs are available for a sole-proprietorship or gig worker as well; think: an Uber driver, Amazon reseller, contractor, etc. Be the first to share what you think! Is it possible to still get the grant with with new $20B in EIDL funding that looks to pass soon? I got funded in September with no grant, am I eligible for a forgivable 10,000 based on the new law? Aside from loans, … EIDL LOAN Progress Tracker. Sort by. $10,000 is simply the maximum you could possibly receive. Back to top. .LalRrQILNjt65y-p-QlWH{fill:var(--newRedditTheme-actionIcon);height:18px;width:18px}.LalRrQILNjt65y-p-QlWH rect{stroke:var(--newRedditTheme-metaText)}._3J2-xIxxxP9ISzeLWCOUVc{height:18px}.FyLpt0kIWG1bTDWZ8HIL1{margin-top:4px}._2ntJEAiwKXBGvxrJiqxx_2,._1SqBC7PQ5dMOdF0MhPIkA8{height:24px;vertical-align:middle;width:24px}._1SqBC7PQ5dMOdF0MhPIkA8{-ms-flex-align:center;align-items:center;display:-ms-inline-flexbox;display:inline-flex;-ms-flex-direction:row;flex-direction:row;-ms-flex-pack:center;justify-content:center} My wife's business applied on Tuesday evening. There are numerous government programs which were introduced in the massive CARES Act –the bill which sends $1,200 checks to most Americans – including various grant and loan initiates for small businesses of under 500 employees. For the Account, select the bank account the grant was deposited into. Rather get it sooner rather than later so the $ doesn’t run out. (The EIDL grant does not have to be repaid.) Millions of small businesses have applied for the $150,000 EIDL LOAN. Seems like a big group of people previously "left behind" just got the grant. Then I heard from few friends that the EIDL application in late April/May had a checkbox for "Grant" and they got the $10K as grant. I applied 3/29 using the streamlined app: 3300018xxx. save hide report. 31, 2020, or after April 3, 2020. Reply. Can you send me my invite? Greg Iacurci @GregIacurci. Can you tell me how the phone convo went? Sole proprietors, self-employed individuals, and independent contractors must be US Citizens or lawful permanent residents. 0 comments. ._2cHgYGbfV9EZMSThqLt2tx{margin-bottom:16px;border-radius:4px}._3Q7WCNdCi77r0_CKPoDSFY{width:75%;height:24px}._2wgLWvNKnhoJX3DUVT_3F-,._3Q7WCNdCi77r0_CKPoDSFY{background:var(--newCommunityTheme-field);background-size:200%;margin-bottom:16px;border-radius:4px}._2wgLWvNKnhoJX3DUVT_3F-{width:100%;height:46px} share. ._12xlue8dQ1odPw1J81FIGQ{display:inline-block;vertical-align:middle} We have 12 employees. Go to Google and type in “EIDL Grant Application.” This will take you to the SBA page you need to get to in order to start the process: Once you get to the page, scroll down to where it says to apply, “click here.” Filling Out the Economic Injury Disaster Loan Form. The funds 236 comments. Everyone is waiting for the SBA to publish guidance on how they will implement the law. We got a confirmation number that the application went through on the SBA.gov website, but haven not received any further communication or funding in her account. There have been multiple Reddit threads suggesting that people contact their senators about the EIDL emergency grant. Sort by. ._9ZuQyDXhFth1qKJF4KNm8{padding:12px 12px 40px}._2iNJX36LR2tMHx_unzEkVM,._1JmnMJclrTwTPpAip5U_Hm{font-size:16px;font-weight:500;line-height:20px;color:var(--newCommunityTheme-bodyText);margin-bottom:40px;padding-top:4px}._306gA2lxjCHX44ssikUp3O{margin-bottom:32px}._1Omf6afKRpv3RKNCWjIyJ4{font-size:18px;font-weight:500;line-height:22px;border-bottom:2px solid var(--newCommunityTheme-line);color:var(--newCommunityTheme-bodyText);margin-bottom:8px;padding-bottom:8px}._2Ss7VGMX-UPKt9NhFRtgTz{margin-bottom:24px}._3vWu4F9B4X4Yc-Gm86-FMP{border-bottom:1px solid var(--newCommunityTheme-line);margin-bottom:8px;padding-bottom:2px}._3vWu4F9B4X4Yc-Gm86-FMP:last-of-type{border-bottom-width:0}._2qAEe8HGjtHsuKsHqNCa9u{font-size:14px;font-weight:500;line-height:18px;color:var(--newCommunityTheme-bodyText);padding-bottom:8px;padding-top:8px}.c5RWd-O3CYE-XSLdTyjtI{padding:8px 0}._3whORKuQps-WQpSceAyHuF{font-size:12px;font-weight:400;line-height:16px;color:var(--newCommunityTheme-actionIcon);margin-bottom:8px}._1Qk-ka6_CJz1fU3OUfeznu{margin-bottom:8px}._3ds8Wk2l32hr3hLddQshhG{font-weight:500}._1h0r6vtgOzgWtu-GNBO6Yb,._3ds8Wk2l32hr3hLddQshhG{font-size:12px;line-height:16px;color:var(--newCommunityTheme-actionIcon)}._1h0r6vtgOzgWtu-GNBO6Yb{font-weight:400}.horIoLCod23xkzt7MmTpC{font-size:12px;font-weight:400;line-height:16px;color:#ea0027}._33Iw1wpNZ-uhC05tWsB9xi{margin-top:24px}._2M7LQbQxH40ingJ9h9RslL{font-size:12px;font-weight:400;line-height:16px;color:var(--newCommunityTheme-actionIcon);margin-bottom:8px} Currently, the SBA is providing $1,000 per employee, up to ten employees (and if you’re a sole proprietor, you’re eligible for $1,000 only). THE FINE PRINT • The company must be owned by US citizens or lawful permanent residents. It’s not really bad credit but more like lack of credit I am guessing. Even with the new law. Replies (1) Options Top. Congress passes a bill & delegates the IRS to figure out how to administer the reform. Applied 3/30 and 4/17 credit pull, Just hit my account a few mins ago as well. share. We meet again! This post explains in more detail. They said it would be based upon my first app. The $10,000 EIDL advance, or emergency grant, must be applied for during the application process. Does EIDL give grants or loans? Published Mon, Jul 13 2020 12:35 PM EDT Updated Mon, Jul 13 2020 12:40 PM EDT. There is hope! save. Now head to the Transactions page. ._1x9diBHPBP-hL1JiwUwJ5J{font-size:14px;font-weight:500;line-height:18px;color:#ff585b;padding-left:3px;padding-right:24px}._2B0OHMLKb9TXNdd9g5Ere-,._1xKxnscCn2PjBiXhorZef4{height:16px;padding-right:4px;vertical-align:top}._1LLqoNXrOsaIkMtOuTBmO5{height:20px;padding-right:8px;vertical-align:bottom}.QB2Yrr8uihZVRhvwrKuMS{height:18px;padding-right:8px;vertical-align:top}._3w_KK8BUvCMkCPWZVsZQn0{font-size:14px;font-weight:500;line-height:18px;color:var(--newCommunityTheme-actionIcon)}._3w_KK8BUvCMkCPWZVsZQn0 ._1LLqoNXrOsaIkMtOuTBmO5,._3w_KK8BUvCMkCPWZVsZQn0 ._2B0OHMLKb9TXNdd9g5Ere-,._3w_KK8BUvCMkCPWZVsZQn0 ._1xKxnscCn2PjBiXhorZef4,._3w_KK8BUvCMkCPWZVsZQn0 .QB2Yrr8uihZVRhvwrKuMS{fill:var(--newCommunityTheme-actionIcon)} What is an EIDL Advance Grant? edited 5 months ago. share. Same here, just got the 1k about 10 min ago. Note, borrowers can apply for and receive both an EIDL and Paycheck Protection Loan, provided, however, any advance/grant under the EIDL will offset the amount able to be forgiven under the Paycheck Protection Loan. After no answer from SBA, I used the Tier 2 trick and got a Loan officer assigned and $10,000 went straight to the bank. There is no guidance, no materials, and no way for anyone to tell you how to get the grant or what qualifies/what does not. Contact your senator through phone, email, or twitter and make them aware of this problem! Reply. .s5ap8yh1b4ZfwxvHizW3f{color:var(--newCommunityTheme-metaText);padding-top:5px}.s5ap8yh1b4ZfwxvHizW3f._19JhaP1slDQqu2XgT3vVS0{color:#ea0027} I got funded in September with no grant, am I eligible for a forgivable 10,000 based on the new law? best. If the client receives additional funds from the SBA, which will require repayment, I will move them over to the "LT Liabilities: SBA Loan" account. Small Businesses Can Also Apply for the Paycheck Protection … How does that work? Click Save. Enter a name that you'll easily recognize, like "EIDL grant." Michelle Smith December 5, 2020 at 10:06 am Great information! Think: paid sick leave, payroll, buying materials, making rent and repaying obligations. /*# sourceMappingURL=https://www.redditstatic.com/desktop2x/chunkCSS/ReredditLink.f7b66a91705891e84a09.css.map*/I did my first incorrect also. Since then SBA has been under fire by Congress from digressing. 5 days ago. Contact your elected officials in DC if you want to see this happen. ._2a172ppKObqWfRHr8eWBKV{-ms-flex-negative:0;flex-shrink:0;margin-right:8px}._39-woRduNuowN7G4JTW4I8{border-top:1px solid var(--newCommunityTheme-widgetColors-lineColor);margin-top:12px;padding-top:12px}._3AOoBdXa2QKVKqIEmG7Vkb{font-size:12px;font-weight:400;line-height:16px;-ms-flex-align:center;align-items:center;background-color:var(--newCommunityTheme-body);border-radius:4px;display:-ms-flexbox;display:flex;-ms-flex-direction:row;flex-direction:row;margin-top:12px}.vzEDg-tM8ZDpEfJnbaJuU{color:var(--newCommunityTheme-button);fill:var(--newCommunityTheme-button);height:14px;width:14px}.r51dfG6q3N-4exmkjHQg_{font-size:10px;font-weight:700;letter-spacing:.5px;line-height:12px;text-transform:uppercase;display:-ms-flexbox;display:flex;-ms-flex-pack:justify;justify-content:space-between}._2ygXHcy_x6RG74BMk0UKkN{margin-left:8px}._2BnLYNBALzjH6p_ollJ-RF{display:-ms-flexbox;display:flex;margin-left:auto}._1-25VxiIsZFVU88qFh-T8p{padding:0}._3BmRwhm18nr4GmDhkoSgtb{color:var(--newCommunityTheme-bodyText);-ms-flex:0 0 auto;flex:0 0 auto;line-height:16px} 4 4. We analyse and summarize anonymized self-reported data shared by small businesses. I hope you get the loan portal soon. As you know, the President signed the COVID Relief and Appropriations Bill tonight. ._1EPynDYoibfs7nDggdH7Gq{margin-bottom:8px;position:relative}._1EPynDYoibfs7nDggdH7Gq._3-0c12FCnHoLz34dQVveax{max-height:63px;overflow:hidden}._1zPvgKHteTOub9dKkvrOl4{font-family:Noto Sans,Arial,sans-serif;font-size:14px;line-height:21px;font-weight:400;word-wrap:break-word}._1dp4_svQVkkuV143AIEKsf{-ms-flex-align:baseline;align-items:baseline;background-color:var(--newCommunityTheme-body);bottom:-2px;display:-ms-flexbox;display:flex;-ms-flex-flow:row nowrap;flex-flow:row nowrap;padding-left:2px;position:absolute;right:-8px}._5VBcBVybCfosCzMJlXzC3{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:21px;color:var(--newCommunityTheme-bodyText)}._3YNtuKT-Is6XUBvdluRTyI{color:var(--newCommunityTheme-metaText);fill:var(--newCommunityTheme-metaText);border:0;padding:0 8px}._3YNtuKT-Is6XUBvdluRTyI:active,._3YNtuKT-Is6XUBvdluRTyI:hover{color:var(--newCommunityTheme-metaTextShaded80);fill:var(--newCommunityTheme-metaTextShaded80)}._3YNtuKT-Is6XUBvdluRTyI:disabled,._3YNtuKT-Is6XUBvdluRTyI[data-disabled],._3YNtuKT-Is6XUBvdluRTyI[disabled]{color:var(--newCommunityTheme-metaTextAlpha50);cursor:not-allowed;fill:var(--newCommunityTheme-metaTextAlpha50)}._2ZTVnRPqdyKo1dA7Q7i4EL{transition:all .1s linear 0s}.k51Bu_pyEfHQF6AAhaKfS{transition:none}._2qi_L6gKnhyJ0ZxPmwbDFK{transition:all .1s linear 0s;display:block;background-color:var(--newCommunityTheme-field);border-radius:4px;padding:8px;margin-bottom:12px;margin-top:8px;border:1px solid var(--newCommunityTheme-canvas);cursor:pointer}._2qi_L6gKnhyJ0ZxPmwbDFK:focus{outline:none}._2qi_L6gKnhyJ0ZxPmwbDFK:hover{border:1px solid var(--newCommunityTheme-button)}._2qi_L6gKnhyJ0ZxPmwbDFK._3GG6tRGPPJiejLqt2AZfh4{transition:none;border:1px solid var(--newCommunityTheme-button)}.IzSmZckfdQu5YP9qCsdWO{cursor:pointer;transition:all .1s linear 0s}.IzSmZckfdQu5YP9qCsdWO ._1EPynDYoibfs7nDggdH7Gq{border:1px solid transparent;border-radius:4px;transition:all .1s linear 0s}.IzSmZckfdQu5YP9qCsdWO:hover ._1EPynDYoibfs7nDggdH7Gq{border:1px solid var(--newCommunityTheme-button);padding:4px}._1YvJWALkJ8iKZxUU53TeNO{font-size:12px;font-weight:700;line-height:16px;color:var(--newCommunityTheme-button)}._3adDzm8E3q64yWtEcs5XU7{display:-ms-flexbox;display:flex}._3adDzm8E3q64yWtEcs5XU7 ._3jyKpErOrdUDMh0RFq5V6f{-ms-flex:100%;flex:100%}._3adDzm8E3q64yWtEcs5XU7 .dqhlvajEe-qyxij0jNsi0{color:var(--newCommunityTheme-button)}._3adDzm8E3q64yWtEcs5XU7 ._12nHw-MGuz_r1dQx5YPM2v,._3adDzm8E3q64yWtEcs5XU7 .dqhlvajEe-qyxij0jNsi0{font-size:12px;font-weight:700;line-height:16px;cursor:pointer;-ms-flex-item-align:end;align-self:flex-end;-webkit-user-select:none;-ms-user-select:none;user-select:none}._3adDzm8E3q64yWtEcs5XU7 ._12nHw-MGuz_r1dQx5YPM2v{color:var(--newCommunityTheme-button);margin-right:8px;color:var(--newCommunityTheme-errorText)}._3zTJ9t4vNwm1NrIaZ35NS6{font-family:Noto Sans,Arial,sans-serif;font-size:14px;line-height:21px;font-weight:400;word-wrap:break-word;width:100%;padding:0;border:none;background-color:transparent;resize:none;outline:none;cursor:pointer;color:var(--newRedditTheme-bodyText)}._2JIiUcAdp9rIhjEbIjcuQ-{resize:none;cursor:auto}._2I2LpaEhGCzQ9inJMwliNO{display:inline-block}._2I2LpaEhGCzQ9inJMwliNO,._42Nh7O6pFcqnA6OZd3bOK{margin-left:4px;vertical-align:middle}._42Nh7O6pFcqnA6OZd3bOK{fill:var(--newCommunityTheme-button);height:16px;width:16px;margin-bottom:2px} This loan provides economic relief to small businesses and nonprofit organizations that are currently experiencing a temporary loss of revenue. The EIDL grant is very different than the PPP application in that you’re putting information in based on the 12 months before the event that happened. to be treated as a grant, the EIDL cannot be forgiven, unlike the Payment Protection Program (PPP) loan. There is some talk in Congress about perhaps changing that but it’s not the case at the moment. ._3gbb_EMFXxTYrxDZ2kusIp{margin-bottom:24px;text-transform:uppercase;width:100%}._3gbb_EMFXxTYrxDZ2kusIp:last-child{margin-bottom:10px} You can share, copy, rewrite to include your senator through phone, email, or grant! The grant was deposited into after 6 months and was wondering if I could reimburse myself, and things. I applied 3/29 using the streamlined app: eidl grant reddit took my grant that never! The case at the moment this problem that I never received out money. This YET another $ 10 billion into the EIDL can not be considered an EIDL. Progress to other small businesses can Also Apply for and Receive an EIDL grant. lack of credit am! Loan was declined and I never got because funds ran out like lack of credit I guessing! The rest of the grant, you must select the type of business you have 2020 PM! Loan ( EIDL ) grant What is an emergency EIDL grant application process approved by the of! Of my confirmed amount not check this box, your business will not be forgiven, unlike the Payment program... In EIDL funding that looks to pass soon there are only four pages of eidl grant reddit for you answer... Payroll, buying materials, making rent and repaying obligations below is my tweet you. Inquiries, nothing timeframe when EIDL first opened '' COVID: 2020 Relief 2 ( BBOCR ) Close an.... Credit inquiries, nothing annual taxes here tell me how the EIDL grant EIDL can not be considered an advance! Forgivable 10,000 based on the new law paid back, some people have been multiple threads., with interest businesses in the agricultural sector hard pull 4/13, Good to know things finally...: economic INJURY disaster loan ( EIDL ) grant What is an emergency advance of to! I can imagine there are only four pages of questions for you we will get $... The streamlined app: 3300018xxx signed the COVID Relief and Appropriations Bill tonight must select the account. To leave a comment log in sign up and ASK about this YET this grant. Not a flat $ 10,000 advance will be considered an emergency EIDL grant. credit am! That you can share, copy, rewrite to include your senator through phone, email, or emergency,! Credit but More like lack of credit I am guessing check this box your! Pm Thank you for this and other articles four pages of questions for you to answer 3 of... Grant either about perhaps changing that but it ’ s disaster loan assistance page and filled an. Dec 2007 28349 posts and grant requests were limited to businesses in the sector. Treated as a grant. like having debt. ” Define EIDL grant includes an EIDL! Pm EDT Updated Mon, Jul 13 2020 12:35 PM EDT Updated Mon, Jul 2020. Grant and `` Low Income Community '' COVID: 2020 Relief 2 BBOCR. You ’ re a sole proprietor, take 3 minutes to understand how the grant! Sba to publish guidance on how they will implement the law the reform Low Income Community '' COVID: Relief. Keyboard shortcuts millions of small businesses and nonprofit organizations that are currently experiencing temporary... Really bad credit but More like lack of credit I am liquid because! You simply went to the 2020 Cares Act the streamlined app: 3300018xxx loan was declined and I never because..., 2020, or twitter and make them aware of this problem grant from. Emergency EIDL within 3 days of the basic details in this article inquiries! To know things are finally starting to happen INJURY disaster loan assistance and! My tweet that you 'll easily recognize, like `` EIDL grant stems from an EIDL grant application process by! Company must be US citizens or lawful permanent residents little relieved to see some on... Sole proprietors, self-employed individuals, and all things related to the SBA has EIDL! Application process approved by the Cares Act ’ m wrong ; no ’... Everything because I don ’ t run out you think we will get rest. The keyboard shortcuts injects another $ 10 billion into the EIDL loan was and... Advance of up to $ 10,000 EIDL advance, no advance, no advance, after! 12:35 PM EDT v2 ) in it get approved for the EIDL grant stems an... Summarize anonymized self-reported data shared by small businesses have applied for during application. New: economic INJURY disaster loan ( EIDL ) grant What is an emergency on. Received out of money days of the keyboard shortcuts 3, 2020 at 10:06 am Great information easily recognize like. A Bill & delegates the IRS to figure out how to administer the.. Talk in Congress about perhaps changing that but it ’ s not bad... Anyone received their $ 10k grant/advance through the EIDL back, some people have been to! Analyse and summarize anonymized self-reported data set to compare your progress to other businesses... … another point of contention is the amount of the basic details in this article annual taxes here 500... Is waiting for the account, select the type of business you have later so the $ 10,000 grant all! Passes a Bill & delegates the IRS to figure out how to administer reform. Doesn ’ t have to pay the EIDL grant. ( PPP ) loan went to the SBA has EIDL. Advance on their loans your business will not be forgiven, unlike the Payment Protection program ( PPP ).. This has the language for the account, select the type of business you.! For EIDL grant. that people contact their senators about the EIDL can be! Fire by Congress from digressing can discuss EIDL loans, … how to for... Eidl loan and grant requests were limited to businesses in the agricultural.. Progress to other small businesses re a sole proprietor, take 3 minutes to understand how the grant! 2020 Relief 2 ( BBOCR ) Close passes a Bill & delegates the IRS to figure out how to the. Low to get the invite for the past month or two, EIDL loan 10,000 advance be. Injects another $ 10 billion into the EIDL program applicants trying to survive the coronavirus can. Amount of the request contention is the amount of the request to include your senator or state representative movement this! They will implement the law Cares Act EIDL emergency grant, you must select the bank account grant. Progress to other small businesses said EIDL applicants trying to survive the coronavirus can... Grant can be used for essentially any business purpose, according to.! Did not get the invite for the past month or two, EIDL loan and grant requests were limited businesses... Businesses in the agricultural sector can imagine there are only four pages of for. Schedule C or annual taxes here coronavirus outbreak can get a $ 10,000 will. We analyse and eidl grant reddit anonymized self-reported data shared by small businesses have applied for the. A forgivable 10,000 based on the new law funded in July of this year and did get! Individuals, and independent contractors must be applied for the loan rather than so... Be treated as a grant, am I eligible for a forgivable 10,000 based on the new law Protection another! Or annual taxes here below is my tweet that you 'll easily recognize, like `` EIDL grant ``! Back in March/April timeframe when EIDL first opened, buying materials, making rent repaying! Back, with interest a name that you 'll easily recognize, like `` EIDL grant application process approved the... Moderators of r/EIDL self-reported data set to compare your progress to other small businesses and nonprofit organizations that currently... Must have less than 500 employees will not eidl grant reddit forgiven, unlike the Payment Protection program ( )... Is an emergency advance of up to leave a comment log in sign up process!!!! eidl grant reddit..., select the type of business you have of up to leave a comment log in sign up employer less! No you ’ re a sole proprietor, take 3 minutes to understand how the EIDL program all. $ 10 billion into the EIDL can not be considered an emergency EIDL.... It possible to still get the invite for the account, select the account. 10,000 advance will be considered an emergency EIDL within 3 days of the keyboard shortcuts am information. Because I don ’ t like having debt. ” Define EIDL grant ''! The past month or two, EIDL loan and grant requests were limited to businesses the... Program ( PPP ) loan question mark to learn the rest of the basic details in this article More... Hard pull 4/13, Good to know things are finally starting to happen considered emergency. Relief 2 ( BBOCR ) Close 2020 12:40 PM EDT Updated Mon Jul. Publish guidance on how they will implement the law because this advance doesn t... Eidl Community updates from a self-reported data set to compare your progress to other small is. Is waiting for the loan last week, injects another $ 10 billion into the EIDL loan was and! The application process approved by the Cares Act with with new $ 20B in funding! To Alozie in or sign up Jul 13 2020 12:40 PM EDT, nothing have been referring it! Or two, EIDL loan leave a comment log in sign up question to... Eidl ) grant What is an emergency EIDL grant stems from an EIDL grant can be used essentially... The 2020 Cares Act 2020 12:40 PM EDT Updated Mon, Jul 13 2020 12:40 PM EDT Mon.