If you applied for your PPP loan via Womply, you can check loan application status at https://www.womply.com/ppp-status/. If you did not apply through Womply, you will need to contact your SBA-approved lender and request a status update.
Furthermore, can I see who received PPP loans?
If you’re looking to check who’s received EIDL grants, EIDL loans, or PPP loans, the SBA has made recipient data publicly available. … This information was outlined recently in the SBA Inspector General Identity Theft and Fraud Report.
Also, how do I apply for $10000 Eidl grant?
If you previously applied for an Economic Injury Disaster Loan, you will receive an invitation by email inviting you to apply for the targeted grant. If you have not yet applied for EIDL you can do so at SBA.gov. If your business appears eligible, you will be invited to apply for the Targeted Advance.
How do I check the status of my SBA loan?
Call 1-800-659-2955 (the SBA Disaster Assistance customer service center) about the application process, the status of your loan, or with any other questions you may have.
Call 800- 659-2955 or email [email protected] The applicant will have to contact the lender. SBA does not have the ability to check the status of PPP applications. Lenders have the sole responsibility under the delegated authority to notify applicants of their status.
The SBA’s rules say they must fund approved PPP loans within 10 calendar days from the date of approval, although if the borrower hasn’t provided correct information then it can be up to 20 days. However, if day 10 (or 20) falls on a weekend and/or bank holiday, then it’s the next business day.
As of 5/31/2021 the SBA has disbursed $800 billion of the $813.5 billion so far appropriated by Congress to this program. As of Round Three, $6 billion, or 2 percent of Round Three PPP funding, remain available to the program.
A delay in PPP loan processing and approval can be traced back to strong demand and the struggle for banks and third-party processors to keep up.