Applied for EIDL Funds Before They Were Depleted?

Should the Small Business Administration open the Economic Injury Disaster Loan (EIDL) funding window again, applicants who have already submitted their applications should continue to be processed on a first-come, first-served basis. However, based on several sources, we have learned that if you applied for and received an EIDL application number that begins with the number “3,” then you are in the queue with the SBA for the advance and remaining EIDL funds. If your EIDL application number begins with the number “2,” you will need to reapply to be considered for the advance portion of the EIDL.

If you have questions, contact the Experts at Henssler Financial:

• • Experts Request Form
  • Email: experts@henssler.com
  • Phone: 770-429-9166
  • Join the Conversation in Our Coronavirus Facebook Group

Disclosures: The investments referenced within this article may currently be traded by Henssler Financial. All material presented is compiled from sources believed to be reliable and current, but accuracy cannot be guaranteed. The contents are intended for general information purposes only. Information provided should not be the sole basis in making any decisions and is not intended to replace the advice of a qualified professional, such as a tax consultant, insurance adviser or attorney. Although this material is designed to provide accurate and authoritative information with respect to the subject matter, it may not apply in all situations. Readers are urged to consult with their adviser concerning specific situations and questions. This is not to be construed as an offer to buy or sell any financial instruments. It is not our intention to state, indicate or imply in any manner that current or past results are indicative of future profitability or expectations. As with all investments, there are associated inherent risks. Please obtain and review all financial material carefully before investing. Henssler is not licensed to offer or sell insurance products, and this overview is not to be construed as an offer to purchase any insurance products.