$10,000 EIDL GRANT

Discussion in 'Ask An Owner Operator' started by Scooter Jones, Apr 3, 2020.

  1. Wespipes

    Wespipes Road Train Member

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  3. Tug Toy

    Tug Toy Road Train Member

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  4. Scooter Jones

    Scooter Jones Road Train Member

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    Received this notification on my credit file tonight.

    Looks like EIDL is still active.

    ODA stands for Office of Disaster Assistance.

    Screenshot_20200420-221322~2.png
     
    Last edited: Apr 21, 2020
  5. NeverSatisfied

    NeverSatisfied Light Load Member

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    I got notification of a credit check a few days ago...woke up this morning to an $8k deposit in my account. Guess a grand for every guy I have working for me. Too bad they don't send any details out with it...
     
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  6. Scooter Jones

    Scooter Jones Road Train Member

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    The 8k is the advance. It will be followed by a loan offer with terms.
     
  7. NeverSatisfied

    NeverSatisfied Light Load Member

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    Yeah I know that, but EVERY other time I have ever received a loan in my 41 years, I haver always received some kind of paperwork with it. They just give out money and worry about it later I guess.
     
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  8. Scooter Jones

    Scooter Jones Road Train Member

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    I talked to my bank rep yesterday who processed my PPP loan/grant.

    He said they processed 20 million dollars worth of PPP for smaller businesses in our area. Every company he dealt with said they had also applied online for the EIDL. Not one of them, as of last week, had heard anything back.

    That appears to be changing though.
     
  9. DUNE-T

    DUNE-T Road Train Member

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    Yeah, SBA deposited money to my account today also. $1k per each employee on the application
     
  10. Scooter Jones

    Scooter Jones Road Train Member

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    I know that some have already seen this chart, however I'll post it up again for review.

    SBA Page 2.JPG
     
  11. Blackhorse77

    Blackhorse77 Light Load Member

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    I am coming a bit late to the game. Does anyone know when it will be back?
    How was the paperwork? Was it hard to file?

    Thank you!
     
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