EIDL Deposited 4/14/2020

[Huy Thai]

I checked my bank account this morning and the EIDL grant was deposited. Of course it wasn't the full 10K like everyone is hoping, mine was  2K. Many will ask, but I signed up on the 29th directly from the SBA site. I have not been contacted about the details of my loan as of yet to see how much they will extend. I'm expecting that call or email soon. Just thought you'd want to know that it is taking much longer than the three days they mentioned but will arrive eventually! 

[Huy Thai]

I only had the one LLC but can confirm there wasn't any correspondence before they sent the grant. I did go to
https://helloskip.com/loan-tracking and entered my application number and info. This third party site told me how many were in front of me and when to expect the payment. It was fairly accurate too. 

Update for the loan: 
I few weeks ago, the SBA sent me an email with a link telling me that my loan had been approved. I clicked the link to see what the process was so I could share it with everyone on BP. They approved $150K (which is the max for unsecured). On there you have a slider to choose a lesser amount or confirm the max. Then it asks identity verification questions with answers found on your credit reports. Lastly, the button to sign the docs and the money should be deposited a few days later. It's a 30 year loan with at 3.75% and about a $700 monthly payment. In the end, I chose to decline the loan as it's intended for those who had experienced "substantial" economic damage due to COVID-19. Someone out there needs this way more than me. I applied back in March when we were all unsure of the future- as a precautionary measure, but luckily, my tenants are all paying on time as intended. 

For those waiting, keep waiting, they will eventually get to you.... I hope.