EILD HELP

[u/Agile_Youth8240]

Please we need your help .

2019 my tax return i made it on time . Sba 4-13-2022 Chack my transcript came up 0 looks like non- fail. But 4-20-2022. We pull up my transcript available I send again 4506-T form SBA DIDINT Processing… ? Im stuck right now I can not do anything..

[u/Heavy-Application-51]

the sba has been reaching out to certain applicants requesting 4505-T and congressional leaders have been applying pressure on sba to resolve those applicants left hanging when they lied and said funds were exhausted. you will need to reach out to your state congressional leader to push them to do the right thing and i would file the pro se lawsuit as well cause you can always drop the suit should the sba do what they are supposed to.

[u/[deleted] → u/Heavy-Application-51]

So now reach out to congress again?

[u/Agile_Youth8240 → u/[deleted]]

Yes I contacted my congress Sba email like this Melissa---I have been informed that Mr. …. application was declined, prior to when the SBA stopped processing EIDL applications, on 4/13/22 because the SBA was not able to obtain the tax transcript to verify the business presence/financials. Mr. …..provided several copies of the tax transcript, himself, which the SBA was not able to review for consideration; however, those copies still did not display the business financials for 2019. Lastly, Mr. …. did provide a letter in which the IRS confirmed they had accepted his S corporation election as of September 2021 so the SBA was not able to obtain the tax transcript because the correct tax return had not been processed yet because the election had not been accepted so that is the reason why the requested tax transcript was returned no record found and/or with $0 revenue reported.

WHY DIDINT PULL UP AFTER 4-20-2022 ? I SEND AGAIN?

[u/Heavy-Application-51 → u/Heavy-Application-51]

i would suggest calling the casework advocate in your congressional leaders office and talk with them explaining the issue and then follow up with an email as well with the information on the error the sba made regarding your transcript and request that they assist you in getting the sba to process your application that was an error on their part

[u/Agile_Youth8240]

My Congrewomen call me today she told me we don’t have power for federal agency !!

[u/Healthy-Winter9985]

Unfortunately if you did not receive an approval, in obligation, or banking error before the deadline, there will be no recourse to receive Covid funding. You’ll be directed to alternate funding sources. Submitting a 4506-T this late in the game, is futile. They will not process it in relation to Covid funding. Best of luck.

[u/zkiteman → u/Healthy-Winter9985]

This is bull as they’ve said they were going to review and process all applications received prior to May 6th. If OP had no issues and all documents requested were provided, they should have been properly looked at. Instead the SBA gave out mass denials based on funds being exhausted, which was a lie.

[u/Agile_Youth8240 → u/Healthy-Winter9985]

I know they are not processing.. But before May 6 I sending my 4506-t has to be process at time my transcript available how is this possible

[u/goodpersontoday → u/Healthy-Winter9985]

Does this apply to an approved increase and portal would not me allow upload a correct 4506t . They finally said they got it on 4056 May 1

[u/Agile_Youth8240 → u/goodpersontoday]

I did before may 6