Targeted eidl advance denied reddit. I was denied the EIDL loan and not sure why.

Targeted eidl advance denied reddit 36K subscribers in the EIDL community. Does anyone know if I would be automatically granted the Targeted EIDL Advance and/or Supplemental Targeted Advance? : r/EIDLPPP r/EIDLPPP • by Apprehensive-Pie3388 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. processed each time I called. They keep saying it's processing and to check the portal but I do not have an account on any portal that I can find. I had the Target Advance denial news broken to me by an SBA rep in a very callous manner. My portal status has been updated to “submitted” for the Targeted Grant. Basically saying we hope the advance was helpful to your company. My transcripts for 2019 are not processed however I am still in submitted and I see several denials that applied after me. 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. Use r/TargetedEIDL for advance/grant issues. Hello, I was a previous recipient of the EIDL Advance and the Targeted EIDL Advance. Ok I was denied… Does anyone know how to check EIDL Targeted Advance status if I was denied the EIDL loan? Question? I keep reaching out to the SBA as I applied for the EIDL Targeted Advance via the link they emailed me almost two months ago now. This step is necessary to be considered not only for the Targeted EIDL Advance up to the full $10,000, but also the Supplemental Targeted Advance of $5,000 BIG PROBLEM START FROM HERE this time the client portal box allows me to sign in to apply. I sent them an email to request reconsideration/ appeal and got this response: " Due to limited available funds for the Targeted Economic Injury Disaster Loan (EIDL) Advance program, SBA will not be able to reconsider applications through an appeal process. I can’t for the life of me find a way to share screen shot pics on Reddit mobile IOS. Has anyone else been declined as well Got an sba approval email from blue acorn and soon after got another email from SBA about a "targeted eidl advance" Apparently I do not meet the requirements for the targeted eidl advance, yet I got the approval email and a loan #? 11 votes, 10 comments. It means there I’m trying to see if any of the denied advance for targeted actually have an EIDL loan. I do not live in a low income area so I assume there is no reason for me to move forward with applying right? Thx comments sorted by Best Top New Controversial Q&A Add a Comment Hairgal741 • Additional comment actions The criteria for the targeted advanced and for the EIDL are totally different. I sent them an email asking them why and to please reconsider. We are currently experiencing technical issues impacting our ability to re-send these invitation emails at the present time. Reply Glittering-Front-334 • Additional comment actions Ok one More question I just checked the portal and it says Target events denied eidl advance in progress and then where it says submit identification and Bank information it says view but when I click it I can't do anything how's that happen The EIDL is a loan, and absolutely needs to be repaid. PPP was forgivable, and the EIDL advance, targeted advance and supplemental targeted advance are all grants and do not need to be repaid. I got 1k last year and just yesterday received a targeted advance invite email. ” When targeted advance says “in progress” it means you (whoever) did not ‘submit’ for processing. So the answer is yes, many people may not qualify for the targeted, and still get the EIDL. Sorry to sound so pessimistic but at that point now and f’in bitter EIDL TARGETED ADVANCE WHY DENIED? Last year I didn't get NOTHING, I just did my application yesterday for EIDL TA, and I found out this. They sent me a denial letter this morning. This community is only for the advances, not the loan. Citizen, qualified alien, or I’m surprised they called you to tell you that you are denied for the targeted EIDL advance. Checked portal last night and was “in processing” for Targeted Advance. I know according to their map I'm not in a low income area, but I see some people at least 1k, WTF : r/EIDLPPP Scan this QR code to download the app now     TOPICS Gaming Sports Business Crypto Television Celebrity POPULAR POSTS Copy link Go to “EIDL portal remained on processing for targeted advance and SBA phone reps explained. But the loan is required to be paid back. Usually they would just send an email/letter with decline reason. Targeted advance apps that are worked and approved would say “submitted” many applicants thought “in progress” means processing but it does not. I just checked on the SBA site. It could be due to credit or anything. Denied the Targeted advance grant? Let us know if your gross receipts you filled in the application for 2020 was less than what your grant would've been. I was denied the EIDL loan and not sure why. A source for information on applying for LOANS from the SBA's Covid-19 EIDL… The irs screwed me out of the EIDL which I was technically approved for, the target advance and 3 stimulus payments plus 2 tax returns 😑 Meanwhile, someone living in a cardboard box just bought a 75 inch tv and a Lamborghini. I started this community today (12-1-2021) for applicants that were denied the TA or SA prior to bank returns or after bank returns. 14 votes, 28 comments. We apologize for our inability to re-send your invitation to the Economic Injury Disaster Loan (EIDL) Targeted Advance program. Update on my Targeted Advance #33001 and here is my story! Been in business for 25 year at both businesses. it says "these Targeted EIDL Advance funds available to businesses with 300 or fewer employees that had previously applied to the SBA for EIDL assistance before December 27, 2020 and where the business address is located in a low-income community. You will be required to provide the total amount of monthly gross receipts from January 2019 to the current month-to-date. Reply reply [deleted] • Comment deleted by user Reply Ray2763 • $10000 Reply [deleted] • Comment deleted A few weeks ago when they released the info on how the targeted advance was going to play out I got a loan denial letter due to not continuing. 2 things, I planned to contact SBA tomorrow morning to correct, because now I think late to call. This morning I checked the SBA Portal, which shows I was declined. I called a rep, who said a notice should arrive in a few days. Email 2/14, 4506 2/26, claims transcripts arrived 3/23 but still on submitted SBA says processing. Received email on 2/6, app # 36000, received 6,000$ grant in April, EIDL in May. Does anyone have a contact for the targeted advance? I got a denial today stating I didn’t qualify because I didn’t have at least a 30 percent reduction in gross receipts. I was approved for and accepted an EIDL loan but didn't get a $1000 advance last year, so I am hoping/expecting to received the full $10,000 as the targeted grant. This thread is archived New comments cannot be posted and votes cannot be cast comments sorted by Best Top New Controversial Q&A E-Mump1214 • Additional comment actions Has anyone been denied targeted advance because their tax transcripts werent matching? Sorry, this post was deleted by the person who originally posted it. Any loan timeline request or questions are to be posted in r/EIDL and please use r/TargetedEIDL for funding and At this time, we are unable to offer you the Targeted Advance because your business address is not in a low income area. Denied and now have to amend my 2019 Taxes when I was already approved for the Targeted Advance, they then denied my application. Suffered economic loss greater than 30 percent, as demonstrated by an 8-week period beginning on March 2, 2020, or later, compared to the previous year. . Any loan timeline request or questions are to be posted in r/EIDL and please use r/TargetedEIDL for funding and 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. This is the reason they denied me Not Eligible: One or more owners of the applicant business is not a U. I started this community today (12-1-2021) for applicants that were denied the TA or SA prior to bank returns or after bank returns. I wonder if the fact that I had a EIDL loan will make a difference. Now, it’s targeted to low income and requires verification that you do in fact have a business. We will post and discuss our timelines to help each other through the reconsideration process. EIDL Targeted Advance - IRS pulling the wrong transcripts for many of us? It may be why some are getting denied. I don’t know. This thread is specifically asking if anyone has been declined for the EIDL "TARGETED ADVANCE". I was denied the EIDL Advance, and I sent a return email back explaining to them I qualify according to their 3 guidelines and there was no reason for me to be denied. S. I beg to differ any way or how I can speak to someone? This thread is archived New comments cannot be posted and votes cannot be cast comments sorted by Best Top New Controversial Q&A Lookabove2021 • 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. No other reasons given. This is the advance that requires an email invitation to even apply for it. I have this after applying for the EIDL loan through the email invite from the SBA. This whittles the prospective pool down considerably, so you shouldn’t worry about funds running out. I received an email for invitation to apply for the Supplemental and fit all the criteria for the Supplemental Advance. Just got an Email from the SBA Declining the Advance because they said I didn’t substantiate a economic lost greater than 30%. but my increase still in process 4/22 nothing at moment . Denied for Targeted Advance only two days after applying, despite meeting 100% of the eligibility criteria Does anyone know if I can appeal to SBA for the Targeted EIDL Advance? SBA said I was declined because "Unverifiable Information: During the loan underwriting process there were one or more items that were reived that caused the SBA to question the validity of certain information you submitted as part of your application". Jul 22, 2025 · Targeted EIDL Advance The Targeted EIDL Advance provided funds of up to $10,000 to applicants who were in a low-income community, could demonstrate more than 30% reduction in revenue during an eight-week period beginning on March 2, 2020, or later, and had 300 or fewer employees. I was denied the EIDL Targeted Advance last week. j61yn bzfde1 dmoh oh aeg356h 4yi kwdn2l vd16ui rp lb4ie