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SBA EIDL Update April 2024 Chargeoffs

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Many accounts are now showing a charge off for SBA EIDL loans and many are confused or afraid about what to do.
This video goes into great detail about what it all means.
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#sba #smallbusinessowner #sbaeidl #sbaeidlloan #sba #smallbusiness #eidl #eidlloan

Опубликовано:

21 авг 2024

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Комментарии : 21

@toshibavoodoo 4 месяца назад

GREAT INFORMATION, THANK YOU!!

@Iamqroland 4 месяца назад

Glad it was helpful! ☺️

@tonysrants1219 3 месяца назад

Great info !!!! You should have many more Subscribers

@Iamqroland 2 месяца назад

Thank you for the kind words it’s getting but it takes time and I’m patient! Thanks for watching ☺️

@DEVanderbiltCecil Месяц назад

I don't have an SBA loan. Thank you.

@Iamqroland 7 дней назад

That’s great many wish they were in your position 😊

@tashann911 День назад

I need a consultation.

@Iamqroland 23 часа назад

Hi thanks for reaching out! You can schedule a consultation on my website www.queroland.com Talk soon 😊 @tashann911

@chrismoreau8078 4 месяца назад

I just requested a Hardship Accommodation and received an application. I was told that if I qualify for the Hardship Accommodation the payment can be as low as 10% of your minimum payment for 6 months. Even heard that there may be a second 6 months but not a third.

@Iamqroland 3 месяца назад

That’s great and true especially if it’s your 1st time getting a hardship

@user-mm9cs2ny8e 4 месяца назад

Thanks a million for this info. I have an unusual question, what will the SBA do to collect the EIDL from someone just passed on (dead)? How will the SBA collect? Thanks so much and keep up the good work!!!

@Iamqroland 3 месяца назад

Unfortunately debt dies when a person does. Exception is the EIDL was a loan with a social and the person was married they could possibly inherit the debt.

@hohhot56inner3 4 месяца назад

But i was told by the SBA that if i stop paying will go to the treasury

@Iamqroland 4 месяца назад

If it goes to the treasury what will they be able to do? Businesses do not receive refunds. They can refer for further collection but I haven’t heard them saying they were, they keep saying it CAN be sent to the treasury. They can’t tell you exactly what will happen because the SBA has yet to announce what they will do with the debt. Please take a look at the report issued by the SBA, in my previous videos I link the report and you can find it on their site. The SBA stated that they are not referring to the treasury or selling the debts at least not yet. Hope that helps.

@MyRb81 4 месяца назад

This happened to me when it goes to the treasury department they will offset your payments meaning if you have any federal payments they will take it which happened to me I’m a federal contractor they took my entire paycheck which was over 5000.00

@Iamqroland 3 месяца назад

Yes if you receive payments from the federal government they will take payments as my video posted today says. It’s like expecting someone you owe to pay you.

@susanbayat9077 3 месяца назад

Hi, I have a hair salon if I don’t pay my payment but sba can do it to me

@Iamqroland 2 месяца назад

Hi not sure of the question but feel free to clarify…thanks

@HonieeLove4You 4 месяца назад

hi have you heard of anyone getting a third back to back hardship accommodation?

@Iamqroland 4 месяца назад

Hi there thanks for reaching out! I’m so sorry I don’t fully understand the question but if you are asking the way you are then my answer would be no I haven’t heard of that terminology.

@Iamqroland 3 месяца назад

I think I misread the question and reading again. They were not giving 3 accommodations but what I have learned is you can request and it’s at the SBA’s discretion @honieelove4you