How can I check on my loan status? Mailed Application? Call SBA Customer Service 800 – 659 -2955.
Just so, can I check the status of my disaster loan application?
A: To check the status of an existing application, you can log in to your COVID-19 EIDL applicant portal where you find information about your application status or contact SBA’s Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the deaf and hard of hearing).
Hereof, how do I know if my EIDL loan is approved?
If you’re approved for an EIDL loan, you’ll be sent an email with details on how much you’re eligible to borrow. Once you sign the agreement, loan proceeds will be deposited into your business bank account within five to 10 business days.
How do I know if my SBA disaster loan was approved?
Please call our Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the deaf and hard of hearing) or email [email protected] to check the status of your application. If you have already applied, you do not need to submit your information again.
How long do SBA loans take to get approved?
The SBA promises a turnaround time of 36 hours for their express loans. But, that doesn’t include the time it takes for the lender to approve the loan, which could tack on another few weeks. So, instead of 60-90 days, you’re looking at 30-60 days for the SBA loan processing time when all is said and done.
How long does it take to receive Eidl funds after approval 2021?
If you’re approved for an EIDL loan, you’ll be sent an email with details on how much you’re eligible to borrow. Once you sign the agreement, loan proceeds will be deposited into your business bank account within five to 10 business days.