How to Get Your SBA EIDL Approved | How to Submit your EIDL Increase
2 min read
There’s a lot of panic and worry but are you worrying about the right thing?? We’ll be live talking about how to get your SBA EIDL approved. TIMESTAMPS INCLUDED:
0:00 Cash Flow, Congressional Inquiries and Post-Closing requirements.
1:30 2 Year Anniversary of EIDL consulting
5:00 Will SBA run out of money in April
9:00 Control what you can control
15:00 Anxieties with the process
15:40 CALL YOUR U.S. SENATOR
27:30 What you need to do as a business owner
31:00 What to do if you’re declined
32:00 If your tax return has negative cash flow
40:20 IF YOU AMENDED YOUR TAX RETURNS
43:00 Final Appeal on a FINAL DECLINATION
47:00 What is SBA FORM 3501
48:45 EIDL on your Personal Finance Statement
49:00 Using 1368 on a business that started in 2019
51:20 Why SBA is confused with your file
57:00 How to submit 4506T
59:00 Submitting bank statements
1:09:40 Calling SBA & talking to Customer Service
1:10:00 2 strategies to get an EIDL approval
1:10:30 If you started your business in 2019
1:14:00 EIDL PAYMENTS ARE COMING DUE
How to complete 3501 & 3502 with samples and examples:
HOW TO WRITE A CREDIT EXPLANATION LETTER:
Want to get ahead of easy mistakes to make in business, visit our podcast:
www.youtube.com/AuroraConsulting
Tired of your EIDL loan being DECLINED, Check our our ROAD MAP:
💥 We are Business Financing Brokers and Disaster Financing Specialists. We help you get cashflow into your business so you can run your business. Financing Solutions to Build Your Business. We are not a lender nor do we represent the SBA. Our recommendations and suggestions are based on our 30+ years of experience with a Government loan program.
We started Aurora Consulting inspired by a conversation over dinner with our new neighbors. He went to the bank, they spent considerable time (and his money) processing the loan application. He needed $500,000. After months of processing the bank approved $50,000. He said, “I think you left off a zero.”
Our role as your financing Broker is to review all relevant documents, including a credit report, in the early stages of your request, before the application, before we’ve even started conversing with a Bank/Lender.
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