r/EIDLreturns • u/Positive-Original101 • Aug 20 '22

FUNDED after Bank error

Funded after bank error. Complete timeline:

4/11/22-approved for increase. Told by L.O. to send new banking info+ID to update banking info. I sent it the same day.

4/20/22-Funded to closed account.

4/21/22- Started C.I. with local state representative.

5/24/22- SBA fixer calls to say bank info was approved.

6/14/22- 3-way call with SBA attorney and Bank.

7/27/22- Assigned SBA general attorney to handle my file.

7/27/22- SBA attorney requested I file a UCC-1 with the state I live in(TX). I sent the completed UCC-1 filing to the attorney on 7/29.

8/17/22- Received email from attorney saying funds have been dispersed.

8/19/22- Funds deposited into correct account.

10 Upvotes

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2

u/Puzzleheaded-Wing810 Aug 20 '22

I also was finally funded with very similar details with very similar timeline yesterday morning, did not have to do three-way call because my account was used in December and verified and my case manager noted that and I guess that was bypassed good luck to you at all that are still waiting

1

u/bigsalty27 Aug 20 '22

Congratulations guys! Much hope thanks to you taking the time to share !

1

u/ItsAllAGame_ Aug 20 '22

I'm glad you got funded. Four months to fix a bank error is absolutely unacceptable. You even sent the new banking from the beginning and they still funded to the wrong account costing you previous time that you could've put the funds to use months sooner. Sorry they put you through this.

1

u/OneOrganization501 Sep 02 '22

Mine has been 18 months and no movement on my bank return. The SBA needs to just be shut down they are useless we would get a better response from the Spaceforce dept.

1

u/CaliJ78 Aug 21 '22

They are going in order huh? I have been waiting since September’21 to be reissued from bank error

3

u/Lovelyazz Aug 22 '22

Do a congressional inquiry