Received $7000 EIDL Advance from the Treasury

[Anonymous]

Same here, I was hit at about 3 AM and was under the impression the funds are gone. Hopefully funds were allocated for us behind the scenes

[daveg38]

There's a very, very lengthy Subreddit that is covering denials. I will post the link, but apologies in advance if not allowed - I think it may help (or anger) many of us. Here: https://www.reddit.com/r/smallbusiness/comments/g0m5b0/psa_eidl_ppp_and_other_aid_status_reports_als...

It looks like thousands of applications are being denied to provide a backstop somewhere. People with up to 740s credit to boot.

Some are claiming it is a glitch; others say its the real deal. At first glance, roughly 40% are getting advances regardless.

[WayneSki]

---

@Anonymous wrote:

Same here, I was hit at about 3 AM and was under the impression the funds are gone. Hopefully funds were allocated for us behind the scenes

---

I recieved my $1,000 deposit this morning . Applied on 4/4,Experian credit pull on 4/17 and deposit today 4/20.

I am a single member LLC.

[Five6Two]

I too received an advance this morning for our nonprofit, can't believe I did not apply as sole-prop the same day. But applied on 3/30, exp personal last tuesday (4/14) and money deposited into nonprofit checkings at US Bank this morning. 

[Anonymous]

I applied 3/30

EXP hit 4/17

$1000 Deposit this morning

Single person self employed

[Anonymous]

Applied on 3/31, personal experian pull on 4/19 from US SM BUS ADMIN ODA and still no deposit.  I guess I'll be receiving a denial letter...

[Anonymous]

Mine was pulled 2 days before yours and I just got it today.  Why are you assuming a denial?

[Anonymous]

---

@Anonymous wrote:

Mine was pulled 2 days before yours and I just got it today.  Why are you assuming a denial?

---

Based on reading where most are receiving a depost one the same day or day after pull.