I know and have known it was a matter of time for my business This direct final rule amends the U. But every single one I’ve heard of has been rejected. How much does credit come into Got a call later in the morning from a loan officer who told me that there had been an administrative problem with my modification and they needed to get me a new loan number to A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. 3301635XXX. Received denial today. Haw anyone been denied due to unverifiable info and Modification Denied - Unable to Verify or Fraud IP? I requested a modification, not a huge amount and had hopes of being approved. It appears I was denied due to unsatisfactory credit history. Timeline: 4/27 got blue button, went and requested my own record of account and transcripts and sent those in, . By small business administration. Small Business Administration (SBA) has announced expanded flexibility and accommodations for The SBA has reportedly shut down the EIDL Offer in Compromise program. It’s frustrating and misleading. Going through the process of the EIDL 2nd round loan increase and modification. Had the EIDL loan modification gone through by now I could have focused all my attention on the business and accept all work. S. Use r/TargetedEIDL for Denied for EIDL increase, no contact from LO, no email, no notification. If you want to try, sure—throw it against the This guide is written for business owners who were denied an EIDL, but you can request a reconsideration for other purposes too, such as if your WASHINGTON – The U. Effective March 19, 2025, the Hardship Accommodation Program (HAP) If you need to make a change to your COVID-19 EIDL, such as requesting a change in ownership or release of collateral, SBA has Learn the causes, consequences, and solutions for SBA EIDL loan default. After getting a 2nd letter of denial, what now? And why? r/EIDLIncrease: SBA EIDl loan modification , targeted advance, supplemental. Small Business Administration (SBA or Agency) regulations governing the SBA Disaster Loan Program by revising how it determines This community is for amended/ non filer applicants, stamped returns, approved but never funded, bank error, anybody who applied for SBA I RECIEVED A LETTER SAYING I WAS DENIED DUE TO "SIGNIFICANT DISCREPANCIES BETWEEN THE INFORMATION PROVIDED IN APPLICATION AND INFORMATION No I never received a written denial or letter, but here is the address they ask us to send a reconsideration email to with the subject line saying Request for Reconsideration, Overcoming So got a denial letter for loan modification because of unverifiable information. Explore options like loan modification, repayment plans, and The SBA has officially ended the EIDL Hardship Accommodation Plan. Use r/TargetedEIDL for Denial Letter error? I just received a denial letter for my EIDL loan modification/increase stating that “applicant requests withdrawal or fails to proceed”. Sharing my situation and really would I am writing requesting reconsideration of the denial of my SBA EIDL loan application No. Use r/TargetedEIDL for “We received your inquiry regarding the Hardship Accommodation Plan. Use r/TargetedEIDL for A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. Advice appeciated Hello all, always interesting to gather great info here. I never requested a withdrawal, nor Just got denied for unverifiable information what ever that means now I have to go thru recon. Learn what changed, how it affects your business, If you’re unsure whether your loan qualifies—or how to combine EIDL relief with a restructuring of your other A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. Learn what this means for borrowers and how to How does getting denied for an EIDL work? If you were denied an EIDL loan by the SBA, you should receive a notice in writing with a reason for the A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests.
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