Eidl loan wrong bank account number. I’m feeling so serious screwed.
Eidl loan wrong bank account number Never got the funds I was contacted in 8/22 and had to send in my tax return, voided check, etc. I have been dealing with SBA regarding my $1,000 advance for EIDL since April 3, 2020 when I applied online. I spoke with someone about my situation and she took down my correct account number and said she’d make the change. He looked and said that funding was having trouble with my bank account. The tier2 rep said we already received it and proceeded to confirm a routing number that's correct, but a WRONG account number at chase. The status of my loan says “funded” and the account number is still incorrect. I am with the same bank (BOA) that I have been with for years but a different number. 6/9 - Applied for loan 6/14 - Loan approved and signed documents 6/21 - Bank returned the money back to SBA ( I didn't even know about caweb then) 7/8 - Realized I have the wrong account number. Use only brick and mortar banking establishments. Never got a credit pull and was told i didn't have sustained enough economic injury due to covid 19. I was approved 6/24. The notations on my account were completely ignored!! Now I don’t know what to do. I emailed the sba with my void check today but have no idea where to go from here. There is literally no way I did that. There is one additional number in my bank account number on my application. The supervisor thinks that that is the issue although this was not an issue for PPP funding and that went through fine. I am using the ACH wire transfer account # 061000104. For some reason there are 2 different routing numbers. Your information can be corrected over the phone. If you choose to continue using your current browser and version you may not be able to access all the available features. 7/21 - EIDL PSA: Do use use any internet based "e-bank" accounts to fund your EIDL loan. I signed my loan July 7th but my bank account number was incorrect. I’m in disbelief. Also because they were backwards in their system they cutoff the last number of my account number. Here's the ugly truth. 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. Customer: 28 months ago I was approved for an SBA EIDL Loan. sba. It could be a problem with your account number or type. I had emailed voided check and new bank information. My loan has been approved and my account says “funds have been disbursed to your account. Approved for 2nd increase, the portal in fact prior to august 18th had my correct bank info Bc I updated for the 1st increase in may 2021, but the Sba s portal system for some reason switched my bank info to the bank I used in April 2020 on the first ever eidl loan. When the LO reached out I informed him that my account number had changed. gov) to monitor your loan status or to make payments. You are going to have to work with the SBA reconsideration department in order to correct this so they can resend the funds. Completely Once I set it up and got in, there was a section entitled "Electronic Disbursement", and within it, it has four fields: 1) Bank Name; 2) Name on Account; 3) Account Number; and 4) Routing Number, and at the bottom, there was a message saying my bank account information could not be verified. Received grant sun evening 10pm 5 days after updating Was denied loan . Hi, I have the same issue. I’m feeling so serious screwed. This happened to me. Dispite the account number being wrong, they refuse to share the transaction number with me. ” Because of the account number error, the money could not be transferred. I then called disbursement center at 4:30pm, and waiting on hold till 2 hours after close. Create an account in the MySBA Loan Portal (lending. The SBA claims their system shows it was funded. Correcting information on you EIDL application after your loan has been approved. . There is a high degree of probability your funds will be rejected and cause a 2-4 week delay. I was checking with him to see if he knew why I hadn't received my money yet. The email I received stated this was because there has been fraud with the loans and they are checking through everything. Use r/TargetedEIDL for advance/grant issues. The negative numbers in the recent payments section indicates that the SBA tried to send your funds to the bank, but the bank rejected them. Posted by u/Organic_Neck8459 - 3 votes and 16 comments Applied 3\11 I am a sole proprietor . Surprisingly the portal let me update the account number but it was of no use Same thing happened to me. My account was notated by SEVERAL agents to not use the account on file. May 10, 2022 ยท If your bank account number or any other information on your application is incorrect, contact the SBA Disaster Assistance customer service center at 1-800-659-2955. I didn't hear from my LO until yesterday 7/18. 2pm EST, July 14th, 2020 There is one additional number in my bank account number on my application. 3304 Recon loan officer Wrong bank information since June 2020 updated and portal shows 2 tabs one for dispersement HAS MY F social security number in where bank account Information is supposed to be just like last year . I entered the account number and routing number on the physical check and i kept receiving the failed validation message. I was approved 3/1 for my loan I called and was unable to reach my loan officer. So worried funds will be exhausted before my bank account gets any. You are responsible for your COVID-19 EIDL monthly payment obligation beginning 30 months from the disbursement date shown on the top of the front page of your Original Note. Then I asked about the grant, he said he can see my routing and bank account number were wrong/backwards. I'm a Bank of America user and from my experience, make sure the you get the account number and routing number online from your business banking account. They ve claimed they were working with the bank to get the When I had the blue button and it asked for changes I put that due to identify theft my bank account number has changed. I received a few emails stating status updated thinking my account number was fixed but when I log in, there no change. Upon application, I put the tax ID for my business on the application but failed to remember that the tax ID for my business bank account is my Social Security number. He asked me to send him a copy of a voided check that he could add to my file, which I did. Rep said he'd add a note and forward it urgent to supervisor. I only have Personal bank acct so grant was rejected 5/5 by bank and last Thursday got email to update banking info. To do so, please follow the Instructions for COVID-19 EIDL EIN Borrowers SBA Lending Portal. They did the same with my targeted advance as well. They say that my $1,000 advance (I am not taking a loan) is approved but the SunTrust Bank routing number is wrong. I received my loan documents Monday and totally forgot to check I confirmed that my deposit was sent 12/27 and returned today, 12/28 with my local SBA office due to incorrect bank account. I just emailed the loan officer who took the info for my EIDL loan on the 21st. But because the account number was wrong the loan was not funded to my account. My bank return my loan amount $130,000 last week sep 9, i call sba they told me they doesnt have the money yet, i will call again today to check if they already got the money back, my bank return it because the exceeds the daily limit, i will need to change the bank information i know that on the same they i got approved i send a lot of emails void checks and nothing happen, so they send the SBA Lending Portal. Posted by u/Pretty-Rule5646 - 1 vote and 16 comments 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. I started updating my bank info 6/26. FAWK THEM FOLKS we just basically being played until the funds run out in December. Note for COVID-19 EIDL Borrowers: If your business is a nonprofit or if your loan was not registered with a Social Security Number (SSN), you will need to take an additional step of associating an SSN with your loan before you can create an account. yom ganzldgs giur dyxbz fwg rogunoou iraah fgjh nanv rfi