Shoot, I should have been a part of this lawsuit. This was such a cluster with no communication to help small businesses. They need to roll something way better out to help everyone. I have called the SBA customer service over 7 times and it's all the same run around. It's a joke. They need to fix this. Who is down for a class action suit? Businesses need help now!! Let's make it happen.
Class actions do nothing for the people the original complaint actually affected, while lining the pockets of one or more greedy attorneys, or the firm that handled it. The victims for which the lawsuit SHOULD benefit, never actually end up seeing much of anything even worth their time. That's why every time I am a member of a class action, I opt out so I can pursue my own damages outside of the class action amd get the full amount owed to me rather than getting peanuts while the attorneys walk away with 40+%
Wi-Fi attorney said on procedural grounds I think this lawsuits going to be tossed out and there in a 1/2 the file their claim now what they can do is file a lie suit and and before it goes to court they can submit a claim to the SBA if they turned that claim down then the lawsuit can continue to go on if they take more than 60 days to respond their hearing day can always be postponed to in the lawsuit all that's important is that the complaint be advise 1st and then be turned down then continue with the loss or
@@dezerkis I do to. But we should definitely keep our eyes open for it now. I have numerous friends that operate a business and the little guy is getting screwed
@@remylebeau2357 Makes sense. It's just about doing the right thing. Majority of my friends who are business owners have been screwed. None of this SBA stuff has helped anyone, the small business has been royally screwed. They need to do something quick.
When I submitted my application for EIDL on March 31st, the question re the advance read "Do you want to request a grant in the amount of $10,000?" I did not have to enter an amount, the only option was Yes to $10K or No. How can we join this lawsuit????
I saw several videos where people called it a grant. I went to the SBA website to look at the application. What I read I understood to be an emergency advance on the loan which may or may not be approved at a later time. Too much uncertainty and conflicting information for me to be willing to take on the SBA and the federal government as a financial partner. I'd rather be wrong and miss out on the money than enter into an arrangement without knowing all the specifics. Caveat emptor especially when dealing with agencies of the federal government.
@@ozarked2363 well the protective aspect of it for me is having it explicity stating in writing that the advance is not to be repaid. Once they complete their necessary verification, you're sent a link to complete an account and later closing documents for a loan. I'f you choose not to take on a loan, then you can simply decline it. They can't force you to take funds that you won't willingly sign agreements to repay.
Harvard University has $41 Billion in endowment fund, yet they still managed to get $9 million from the stimulus package. While rest of us small business owners are not getting to see a dime, what a fucked up system.
One of the fund managers got fired. His dad is my mom's friend. He moved back home. Not quite sure what is going atm but it seems like everyone is affected on such a similar level.
Sunny shah I got $3000 following Kevin's instructions. Mine was deposited on April 12 or 13 I think it was a Monday night. Nothing since. Just an email that they'll be in touch. ? HEY... Kevin.... Can you do a video on what to do after the application is complete IF you did get emergency money, what's next??
When you applied, there was no where to specify how much you wanted. There was a check box that said I want the $10k grant. Seems to me that implied there was only one option, for $10k.
I did not check the box for the advance because I cannot pay back a $10,000 advance it did not say a grant it said a cash advance if you take a cash advance on a credit card you have to pay that back which to my knowledge a cash advance is something you got to pay back
www.legalteamusa.net/lawsuit-filed-against-sba-administrator-carranza-citing-failure-to-pay-10000-grants-promised-to-small-business-applicants/ I will send them an email and ask if and how I can participate in the lawsuit.
seansurfn2 all courts are closed. Any correspondence can be done with legal counsels but courts still have to rule and render their verdict through courts. Any letter sent to the courts by snail mail will only add up to the backlog That will Accumulate until they have the chance to open them when the lockdown is lifted
yes. I read and interpreted the Cares Act that way also, AND I sent emails to both senators and my representative stating so , as you advised a few weeks back... now i am going to do it again...this is why I still love America!! Thanks so much Kevin for the update...Hell, our news organizations have gone to shit and don't report anything relative or even seem to ask tough questions anymore
This is going to get interesting, and Kevin you are a BEAST, i dont even know how you have time to put on a suit and get ready while releasing 37 videos per day, absolute LEGEND my dude!!! 🐐🚀🔥
If you are super impressed with the amount of quality content from Kevin... I AM SUPER SUPER IMPRESSED! I thought the stimulus checks was exciting to get BUT HE SUPERCEDES THAT by putting me in TOTAL AWE! What is in his brain? haha Actually, The time he takes to do the 'homework' for this content [reading boring bills for instance] shows he cares even though his network is several million!] i WANT TO GIVE BACK, so when my stimulus check comes in, he will be given by me $$. Not that it would make a difference in his financial portfolio but because he made a difference in mine! Love that guy! I am sure the expense he puts out has to affect his family life or maybe lack thereof? That is always the 'wrestle'. I thank his wife and kids for their patience so he could give that time to us... :)
Yeah dude hes a very reliable source. Some stuff was misleading at first. But its understandable with the pandemic. But dude. He throws out videos like how eddy murphy on delerious said hed get pussy thrown at him like frizbies
Cookies Tv to be fair, no one is really talking about what he’s “teaching.” The comment was just in reference to how often he uploads and the videos are still well made and edited.
As a small business owner and sole proprietor, I applied for the EIDL $10,000 grant on March 30 and April 8. No word, No money!!! The PPP is not applicable to my business and the unemployment application in my state has not even been created yet!! I am watching my 5 years of blood sweat and tears to build my business, crumble in less than a month!! Heartbreaking....
You should count your blessings you received anything when so many of us with brick and mortar we had to shut down and a dozen employees we cannot pay fell through the cracks and got nothing. Not only that, but we weren’t able to apply for PPP either as we didn’t have a separate business banking or business line of credit like our bank requires. It’s disheartening when you’ve poured everything into your business, which is your family’s ONLY income and your government fails you, and you lose everything.
@@annabannanana that sucks. Sorry to hear. Yes for me it was just free money. So your business was so much on the edge that you could not last 2 months not being open? Yes I bet many businesses on the edge will go out of business.
Supposedly able to file for unemployment, but I don’t know anyone who’s done this. I got a virtual customer service job. I haven’t seen a penny of help from any source other than myself.
Yeah my hubby is self employed, and it’s only him! So we get a whole $1000 ! Believe me I’m NOT bad mouthing this amount but we hav $ 1,200 to our names. Also I can’t work!
Kevin, i wanted to write you a quick note to say THANK YOUand to let you know how much i appreciate all your hard work and dedication!!...I am a small business owner in New Jersey. I follow all your videos and watch them all in full. When you put up your video about the EIDL grant i immediately followed your guide and applied. I applied on the very first day and never heard anything. This morning i woke up to $3,000 in my business account. This is going to SAVE ME BIG TIME!!!! THANK YOU KEV !!!!!!!!!!!!!!!
I already gave my 6 employees my stimulus check that I still haven’t received. Applied on 3/30 for EIDL, experience credit pull on 4/13, no word or funds. App for PPP with Regions on 4/6.....nada , local branch has no idea either. But, I am glad Pot Belly was able to promote one of their executives and give him a 100k bonus when they closed on their PPP loan with JP Morgan....
I’m really starting to appreciate you doing these videos. I was sitting lofty thinking this thing wouldn’t hurt me and now my business is actually really starting to suffer the past couple weeks and it looks like it’s going to get grim in the future. I just want to apologize to anyone out there who I belittled for rushing to take government money when it’s clear that the government has no idea what to do with it or how to protect our economy. Thanks for your hard work Kevin
Hello Kevin, I applied for $10,000 for SBA Grant and just checked my bank account and only got $2,000 so I am going to have to close my Business Thank you again SBA chair man other Business has to close because of you>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Call the SBA and ask to speak to a TIER 2 representative. Itll help if you screenshot your app # from when you applied so you can give it to them to look you up. Thank me later. 😉 good luck
@@kick_then_shift then you awaiting the follow up email with the desicion ... Keep a eye on your credit, once they run it you have indication of next contact
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It is clear to me: The applicant requests $10,000.00 Upon filling out the application "Truthful to the best of your knowledge Under penalty of purjery that the information is true and correct." Congress words were clear and not contested by the Senate nor the President of the US. The applicant gets $10,000.00 in 3 days.. It's been 14 days and I haven't got anything.
Thank you! Haven’t seen one red cent of loan or stimulus money. Heard of one business getting $12M SBA loan -which would give 1,200 small businesses $10k. SBA was out of money for us.
Mjacksoninspire Vogel I just checked Credit Karma and it is not showing a new inquiry. The lack of communication has definitely been frustrating. I had one email about a week ago saying that they had received my application and then this morning the deposit posted to my account with no additional communication.
I own a cruise agency and am a sole proprietor with no payroll and I can’t get any help!! Our industry has been destroyed and because I never set myself up for payroll I don’t qualify for the PPP. I’ve been in business almost 26 years and I knew this was going to happen. The big guys get taken care of and us who own a small business get screwed. I can’t even get unemployment because unemployment in my state is a disaster. Who is going to help me???!!!
Im a sole proprietorship, applied for this 10,000 grant as well as the regular loan. Nothing not even you did not qualify, I mean this is so upsetting. Not even you don't qualify letter. I have lost almost 35,000$ in 2 months. what can I do....just me...nothing. Always the same! its ALL BS!
100% agree! They totally bait & switched us! Applied thinking 10,000 in 3 days. Applied 21 days ago have heard nothing! I hope they are forced to do what was originally promised! Thanks for all your great videos!
It’s been awhile since I filed so I don’t remember specifically however I vaguely remember there not being a option to enter a specified amount of desired EIDL grant.??? Could be a loop hole for SBA to say no one requested a specified amount so we made a determination on this criteria etc etc..
PLEASE HELP? Could you please do research into this for me? In Ohio the 600$ additional payment you're supposed to get with unemployment is only retroactive back to March 29th, even though our governor shut down the state the week of the 22nd. Which means everyone who was forced to stop working the whole week of the 22nd and had to file for unemployment will not get the additional 600$ for that week. That makes a huge difference when paying the bills. Are other states doing the same thing?
There was no part of the app asks amount requesting. I filled it out on 3/30. They pulled my cr 8 days ago, haven’t heard a thing, self employed independent contractors don’t put in 1 for employees if it’s only them. My friends have done that and got their funds****just called sba, asked for level 2 and was able to speak to someone. They said nothing holding IG grant up, and to keep checking account for deposit. That is hopeful at least.
I got denied for the EIDL so I also got denied for the advance as well. I thought you were suppose to get the advance wether you got approved for the EIDL or not? I wonder how a person would go about getting added to this lawsuit?
Thanks Kevin for always update us a new information about this stimulus especially about the SBA and the EIDL. We haven’t gotten ours yet and already a law suit!! Nice going SBA admin.
i applied the very night it dropped. still have yet to receive anything but an email... called the sba they had no answers but was told "just hang in there"....
I applied the night it first came online. It was Sunday night. I got my advance last week. Sorry you still haven't seen it. I find it completely bazaar how they picked people out to get it and others got skipped.
I filed on the 10th this month and made sure to check the box for the 10k grant. Still haven't received any notifications or a deposit, would of been nice to be included in that lawsuit. So Hopefully they do something for the sole proprietors, self employed and private contractors. Because unemployment sure isn't doing shit for us in Vegas. Thanks for all the updates on these issues Kevin!
I applied for this on March 29th, and then re-applied when they added the fast application process. I only remember a box we checked indicating if we'd like to be considered for a 10K grant. There was no option for a specific amount to be requested. Perhaps I should have read the fine print better, but I also didn't recall any indication that they would pull a HARD INQUIRY on my credit. That wouldn't have been the worst thing for 10k, but I wouldn't have even bothered for 1k..... total bait and switch!
I thought it’s for “ Emergency “, I’m a sole proprietor . I applied for EIDL nothing received any penny ,applied PPP, bank said , $350billion is exhausted ! We have not even received our stimulus chks!!! Ieven the PUA , cannot apply in Arizona coz their computer system is outdated since 1988! It’s a MESS!! Our phone, gas, electric internet are overdue !!!! Nothing received any penny at all !!!!
Can U ask the Plaintiff's Class Action Attorney to file a motion for injunctive relief or emergency motion based on the National Crisis & if not honored most likely cause irreparable harm, human lives' & the Economy?
This is the closest thing to the news that I watch. I really love and appreciate this channel and content! Thank you for making things so easy to understand!
Just got my money from. The sba 1000 and got my 600 and one week unemployment checks. So happy and so very grateful.godbless.Thank you Kevin love watching you and all your great advice paid off.pray many others see there money asap.😊🙏🏻
This is absolutely priceless! I've literally quit following stimulus details in the news. I just watch your channel for reliable and entertaining reporting. By the way, I received my. $1,000 advance this morning! A huge thank you, Kevin, as I learned about it from you. I applied March 30 so it took three weeks, but it did come though.
I wanna know what happened to 3 days. I mean ppl are pushing a month and haven't heard squat about their applications. They should be penalized just for that on top of this lawsuit. Ppl are losing businesses at a rapid rate while the SBA is dragging its feet.
Hope Kevin keeps us updated if they win the lawsuit. If that’s the case, I hope the rest of us small business don’t have to sue to get the $10,000 we were promised in 3 days!
Correct me if I’m wrong Kevin, but people were supposed to receive the advance grant even if they didn’t qualify for the loan, according to the exact text in the law?
They ended up changing it to 3 days from the time your application is processed. I just received $1,000 today from them. My credit was ran last Thursday. I now have to wait for a decision for my loan. I already got the money either way.
@@AwfulSmokey not all self employed people have business banks though... and i didn't see that it had to be a business bank account on the app in order to get the grant... also, many people got theirs thru their personal banks
General contractor from Missouri and we and 8 of our subcontractors applied and we each received $1000. We applied for the EIDL grand on 4/7/2020 & finally received the measly $1000 on 5/5/2020. How in the heck did they determine how much money is granted. No where did it ask us how much money we were requesting.
Talked to SBA Friday regarding my Grant application filed about 4-15-20, and still no $$; turns out they had sent $$, but they and/or my bank had rejected deposit because it was going into a "personal" account instead of a "business" account. Nice lady said she put notes on my claim to process again anyhow, wait a week, and call back if still no money.
I applied March 30th and didn’t even get $1000 in grant money. I’m a licensed cosmetologist. Others got paid that applied in April. I called the SBA and they told me that they gave out the money in a random order. ???? They said they are still distributing funds and that I will get an email on whether or not I am “approved”. Today I got an email from the SBA saying they are creating an online portal like the IRS and I would find out if I’ll get the some time in the future when the portal is complete.... There should be a class action. The first million should get there $10k. 10k x 1m is 10B not $250B so where’s the money?
Don't give up! I applied long form on 3/22 and short form on 3/30. My credit was pulled on Saturday 4/19 funding is pending to deposit into my account tomorrow.
I've done both, long on 3/25 with a credit pull, and short on 3/29 with advance request with another SBA credit pull on the 4/12 but no payment yet.. ill cross my fingers
Applied March 31 for EIDL and grant. Credit was pulled Sunday for both my business partner and myself. Have heard nothing else. Bank with Wells Fargo (not for much longer!) and submitted app early April 5th and still "in queue" to have application reviewed. Was sent email on afternoon 4/15 to fill out the paperwork for the PPP (the afternoon before SBA announced program was out of money). I submitted it within an hour of receiving the email.
I spoke to an attorney today about filing suit, on a slightly different basis fr a complaint. Now going on 6 weeks, and in todays conversation with the SBA, it was let slip that they are not going by the order received, they are favoring certain categories of companies I have seen multiple reports of people who filed after we did, who have at least received the grant, and when I asked the rep, she asked what type of business did I file under. I cant think of a reason why that would have been asked, (given that she had my confirmation number in order to locate our account), other than it would give her some insight as to why we are not being serviced in order.
I think the SBA realized that the money they had to disperse would not nearly be enough so they tried to implement this “per employee” change after it was passed, without telling anybody... I’m thinking they will settle this out of court as a “mistake” and that’s the end of it.
I still can’t get them to answer me about my status. They say they have my loan number, but supposedly they say they will get back to me. I filled out twice because they told me to do the second time on the 1st of April. Just frustrated cause they won’t even admit to me that I’m denied. They just want to make me wait and hope I quit asking. Such a joke
So update. I did get 1k. I still as of May 1st, can not get get through to talk to anyone to actually talk about getting the “Loan” portion of it. I mean, I still have issues with payments of rent as people are on back order getting stimulus and unemployment, it would be nice to use the “Loan” to bridge the gap.....
I've been self employed for the last two years, but don't have a business license. Just file schedule C on my personal taxes. If this opens back up can I apply?
I have a tax ID number for a small business and have people help occasionally getting stuff organized, would they count as employees. They are just paid in cash.
FYI I interpreted number of "employees" in its classical sense (i.e. W2 employees). Since we only hire 1099 contractors, I put 0 for number of employees and still got the $1K.
Thanks for the reply. I got the email options but not indicating I would receive -it and also nothing else. I’m wondering if I should contact them to see if there is more to do or anything to sign. I thought this grant had to be forgiven in order for it to be free. If that’s the case we are going to need paperwork.
My application has been "processing" since 3-19, I got the advance and was told that I would be getting docs by next week. The person then said it was subject to a credit check and minimum score of 620. For the last 3 months I have paid payroll, rent and vendors using my cc's. My balances have gone up and now my score is going down...for doing the right thing?? When I applied , the application NEVER said a minimum credit score of 620 was needed! This 620 requirement, in my opinion is their trip wire as they drag people along until the money dries up AGAIN!!
Kevin, the PPP was originally set at 2.5% of one month's GROSS income based on 1099. By the time the PPP was released to independent contractors, it was reduced to 2.5% of NET based on Schedule-C. And now the most recent guidance is stating that the forgivable amount will now be further limited to only 8/52 of annual Schedule-C net.. At this point the PPP is basically useless to the gig worker.
As a business owner I think we all should join in on the law suite
Let's!
Agree
Yup keep me posted
We did. The more people that get behind this the better.
I agree! How do we get in on this action??
Shoot, I should have been a part of this lawsuit. This was such a cluster with no communication to help small businesses. They need to roll something way better out to help everyone. I have called the SBA customer service over 7 times and it's all the same run around. It's a joke. They need to fix this. Who is down for a class action suit? Businesses need help now!! Let's make it happen.
Class actions do nothing for the people the original complaint actually affected, while lining the pockets of one or more greedy attorneys, or the firm that handled it. The victims for which the lawsuit SHOULD benefit, never actually end up seeing much of anything even worth their time. That's why every time I am a member of a class action, I opt out so I can pursue my own damages outside of the class action amd get the full amount owed to me rather than getting peanuts while the attorneys walk away with 40+%
Chris Atkie wish I knew about it
Wi-Fi attorney said on procedural grounds I think this lawsuits going to be tossed out and there in a 1/2 the file their claim now what they can do is file a lie suit and and before it goes to court they can submit a claim to the SBA if they turned that claim down then the lawsuit can continue to go on if they take more than 60 days to respond their hearing day can always be postponed to in the lawsuit all that's important is that the complaint be advise 1st and then be turned down then continue with the loss or
@@dezerkis I do to. But we should definitely keep our eyes open for it now. I have numerous friends that operate a business and the little guy is getting screwed
@@remylebeau2357 Makes sense. It's just about doing the right thing. Majority of my friends who are business owners have been screwed. None of this SBA stuff has helped anyone, the small business has been royally screwed. They need to do something quick.
I just got $8000 today from the SBA grant thank you Kevin for pointing me the right way
Gerald Cordova when did u apply did they run your credit?
Jr Ross 3-30-20 and I don’t see that they ran my credit
How do you apply?
Aisha - Kevin had a link to the SBA, I clicked on it and put my information to my small business and my SS number and my banking information
@@geraldcordova3063 How many employees?
When I submitted my application for EIDL on March 31st, the question re the advance read "Do you want to request a grant in the amount of $10,000?" I did not have to enter an amount, the only option was Yes to $10K or No. How can we join this lawsuit????
I 2nd this!
Did you file the streamline application or did you fill out the outdated one?
Gabriel Avila streamline said the same thing
I applied, I took a photo of the laptop for comfirmation. I never even got a email with it or not a single anything.
Yup. You're right on that. There was no option.
If these are truly grants, there should be no reason to run your credit, just verify your business.
I agree. Furthermore, when they created the streamlined app, they should've made it an option to select be considered for the grant, a loan, or both!
moonshinefuel I believe they run your credit for the loan portion.
exactly. Had a feeling that gov gave them potential business loan not grant.
I saw several videos where people called it a grant. I went to the SBA website to look at the application. What I read I understood to be an emergency advance on the loan which may or may not be approved at a later time. Too much uncertainty and conflicting information for me to be willing to take on the SBA and the federal government as a financial partner. I'd rather be wrong and miss out on the money than enter into an arrangement without knowing all the specifics. Caveat emptor especially when dealing with agencies of the federal government.
@@ozarked2363 well the protective aspect of it for me is having it explicity stating in writing that the advance is not to be repaid. Once they complete their necessary verification, you're sent a link to complete an account and later closing documents for a loan. I'f you choose not to take on a loan, then you can simply decline it. They can't force you to take funds that you won't willingly sign agreements to repay.
Harvard University has $41 Billion in endowment fund,
yet they still managed to get $9 million from the stimulus package.
While rest of us small business owners are not getting to see a dime,
what a fucked up system.
One of the fund managers got fired. His dad is my mom's friend. He moved back home. Not quite sure what is going atm but it seems like everyone is affected on such a similar level.
They returned the Money today
Sunny shah unbelievable. How???????
Sunny shah I got $3000 following Kevin's instructions. Mine was deposited on April 12 or 13 I think it was a Monday night. Nothing since. Just an email that they'll be in touch. ? HEY... Kevin.... Can you do a video on what to do after the application is complete IF you did get emergency money, what's next??
Amen.
When you applied, there was no where to specify how much you wanted. There was a check box that said I want the $10k grant. Seems to me that implied there was only one option, for $10k.
Yes, you check the box for the advance which is the 10,000.00 grant. Very misleading.
Exactly
Exactly
I applied April 2nd and got a confirmation number, but absolutely no response since.
I did not check the box for the advance because I cannot pay back a $10,000 advance it did not say a grant it said a cash advance if you take a cash advance on a credit card you have to pay that back which to my knowledge a cash advance is something you got to pay back
I thought about suing the SBA from the first moment I heard about their plans that they only wanted to pay $ 1,000 per employee.
Me too
Me 3
Let's do it
www.legalteamusa.net/lawsuit-filed-against-sba-administrator-carranza-citing-failure-to-pay-10000-grants-promised-to-small-business-applicants/
I will send them an email and ask if and how I can participate in the lawsuit.
Keep me posted please
Send the SBA some “Don’t sue me bro” swag.
🤣
Crazy that this is going to civil court! Let’s hope for a quick resolution
Thomas James - Property Investing all the courts are closed, so probably not.
Shafer Gaming I’m hoping someone turns up in a ‘Don’t Sue Me Bro’ shirt 😩
@@financialbuttplug760 no they arent. they do work virtually
seansurfn2 most are closed, wife is lawyer.
seansurfn2 all courts are closed. Any correspondence can be done with legal counsels but courts still have to rule and render their verdict through courts. Any letter sent to the courts by snail mail will only add up to the backlog That will
Accumulate until they have the chance to open them when the lockdown is lifted
yes. I read and interpreted the Cares Act that way also, AND I sent emails to both senators and my representative stating so , as you advised a few weeks back... now i am going to do it again...this is why I still love America!! Thanks so much Kevin for the update...Hell, our news organizations have gone to shit and don't report anything relative or even seem to ask tough questions anymore
This is going to get interesting, and Kevin you are a BEAST, i dont even know how you have time to put on a suit and get ready while releasing 37 videos per day, absolute LEGEND my dude!!! 🐐🚀🔥
@Curbside Sports 😂😂
Regardless of the topic of the video-I’m super impressed with the amount of quality content that you come out with on a regular basis. It’s crazy.
I second that. Go to guy here for updates.
If you are super impressed with the amount of quality content from Kevin... I AM SUPER SUPER IMPRESSED! I thought the stimulus checks was exciting to get BUT HE SUPERCEDES THAT by putting me in TOTAL AWE! What is in his brain? haha Actually, The time he takes to do the 'homework' for this content [reading boring bills for instance] shows he cares even though his network is several million!] i WANT TO GIVE BACK, so when my stimulus check comes in, he will be given by me $$. Not that it would make a difference in his financial portfolio but because he made a difference in mine! Love that guy! I am sure the expense he puts out has to affect his family life or maybe lack thereof? That is always the 'wrestle'. I thank his wife and kids for their patience so he could give that time to us... :)
Yeah dude hes a very reliable source. Some stuff was misleading at first. But its understandable with the pandemic. But dude. He throws out videos like how eddy murphy on delerious said hed get pussy thrown at him like frizbies
He’s just reading to you if you did your own research you would’ve already known this
Cookies Tv to be fair, no one is really talking about what he’s “teaching.” The comment was just in reference to how often he uploads and the videos are still well made and edited.
As a small business owner and sole proprietor, I applied for the EIDL $10,000 grant on March 30 and April 8. No word, No money!!! The PPP is not applicable to my business and the unemployment application in my state has not even been created yet!! I am watching my 5 years of blood sweat and tears to build my business, crumble in less than a month!! Heartbreaking....
I hope they win and have to send me another $8000. The SBA made up their own rules which was NOT law.
Not the first time. Look up all the lawsuits ageist the SBA.
You should count your blessings you received anything when so many of us with brick and mortar we had to shut down and a dozen employees we cannot pay fell through the cracks and got nothing. Not only that, but we weren’t able to apply for PPP either as we didn’t have a separate business banking or business line of credit like our bank requires. It’s disheartening when you’ve poured everything into your business, which is your family’s ONLY income and your government fails you, and you lose everything.
@@annabannanana that sucks. Sorry to hear. Yes for me it was just free money. So your business was so much on the edge that you could not last 2 months not being open?
Yes I bet many businesses on the edge will go out of business.
nobody talking about self employed people any more ,all ready forgotten
we'll get our day.
It’s sad days out here. Sad days indeed. Freelance web development is about dried up right now :(
Small business owner operator and still no money
Supposedly able to file for unemployment, but I don’t know anyone who’s done this. I got a virtual customer service job. I haven’t seen a penny of help from any source other than myself.
Yeah my hubby is self employed, and it’s only him! So we get a whole $1000 ! Believe me I’m NOT bad mouthing this amount but we hav $ 1,200 to our names. Also I can’t work!
MY TAKE------THEY GOT US ALL TO ENTER OUR BUSINESS INFO
Carol Haworth that’s what I’m afraid of, too! I wish I hadn’t applied for the loan now.
Why would that matter if they have your business info?
Carol Haworth yup
@@steinerhayes Well among other things apparently their database was hacked....
They promised $10,000 for giving my info.
Kevin, i wanted to write you a quick note to say THANK YOUand to let you know how much i appreciate all your hard work and dedication!!...I am a small business owner in New Jersey. I follow all your videos and watch them all in full. When you put up your video about the EIDL grant i immediately followed your guide and applied. I applied on the very first day and never heard anything. This morning i woke up to $3,000 in my business account. This is going to SAVE ME BIG TIME!!!! THANK YOU KEV !!!!!!!!!!!!!!!
I already gave my 6 employees my stimulus check that I still haven’t received. Applied on 3/30 for EIDL, experience credit pull on 4/13, no word or funds. App for PPP with Regions on 4/6.....nada , local branch has no idea either. But, I am glad Pot Belly was able to promote one of their executives and give him a 100k bonus when they closed on their PPP loan with JP Morgan....
Sign me onto that one! They promised 10k within 3 days. We have copies of the 2 application we filed
I’m really starting to appreciate you doing these videos. I was sitting lofty thinking this thing wouldn’t hurt me and now my business is actually really starting to suffer the past couple weeks and it looks like it’s going to get grim in the future. I just want to apologize to anyone out there who I belittled for rushing to take government money when it’s clear that the government has no idea what to do with it or how to protect our economy. Thanks for your hard work Kevin
Pl
Hello Kevin, I applied for $10,000 for SBA Grant and just checked my bank account and only got $2,000 so I am going to have to close my Business Thank you again SBA chair man other Business has to close because of you>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Hey man I just wanna say your consistent coverage of this is a quality play. Love what you’re doing, thanks!
Got $1000 SBA money today! Thanks for the info Kevin!
Everyone: “The lowest an investment can go to is 0”
Oil: “Hold my beer” 🍺....
Allow me to introduce you to "Margin Trading." ;)
@@TimeSurfer206 imagine buying oil on cfds at $0.01 today....holy fuck you'd be rich
Too broke and pissed at sba to laugh at hold my beer wanna be funny jokes.
Excuse, but did someone say Enron?
Naw they saying “hold my barrel. No really hold it please I’ll pay you”
VERY INFORMATIVE! INTERESTING......PROBABLY TRUE
I applied on March 30th and never got anything. not even my $1k. Not even any communication.
Tim Coulter same 🤷🏼♂️
I applied 28th, first contact took 3 weeks jus to say they got my app then another 2weeks after to say i was denied so they backed up but its coming
I got an email that was it saying they received my app.
Call the SBA and ask to speak to a TIER 2 representative. Itll help if you screenshot your app # from when you applied so you can give it to them to look you up. Thank me later. 😉 good luck
@@kick_then_shift then you awaiting the follow up email with the desicion ... Keep a eye on your credit, once they run it you have indication of next contact
We haven’t received any of the grant and we applied April 5th
@ohm9917 I applied morning on the 30th and nothing yet.
I applied on the 30th too... Smh nothing yet
@ohm9917 @ohm9917 lies I applied on the 30th and got 💩💩💩
@ohm9917 does reselling shoes counts as side hustle?
I applied the 30th and NOTHING
I just got my $1,000 grant today I applied on March 30th
Z06 Cali Lucky you. I applied on the 29th. I guess I’m not getting it 😔
Z06 Cali when did SBA check your credit? Mine was checked on Friday, the 17th, but no money or email yet.
@@ursascott302 they checked my experian credit file on the 17th
ohm9917 yes, I put 0 and got $1k advance...if you don’t have a register business, I wouldn’t hold my breath
@ohm9917 i have an llc but I applied as an independent contractor you should be fine ..
I’d be happy if I ever get my $1000, I applied early and still nothing!
Me too
Me either I'm highly upset
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It is clear to me: The applicant requests $10,000.00 Upon filling out the application "Truthful to the best of your knowledge Under penalty of purjery that the information is true and correct." Congress words were clear and not contested by the Senate nor the President of the US. The applicant gets $10,000.00 in 3 days.. It's been 14 days and I haven't got anything.
Thank you! Haven’t seen one red cent of loan or stimulus money. Heard of one business getting $12M SBA loan -which would give 1,200 small businesses $10k. SBA was out of money for us.
I didn’t get a grant and I applied march 30th
I applied March 30 as well and mine just arrived this morning. Hopefully yours will arrive soon!
Me too
@@RobertWitham great! I applied the same. Did they pull your credit
Mjacksoninspire Vogel I just checked Credit Karma and it is not showing a new inquiry. The lack of communication has definitely been frustrating. I had one email about a week ago saying that they had received my application and then this morning the deposit posted to my account with no additional communication.
Mjacksoninspire Vogel what app # do you have
I own a cruise agency and am a sole proprietor with no payroll and I can’t get any help!! Our industry has been destroyed and because I never set myself up for payroll I don’t qualify for the PPP. I’ve been in business almost 26 years and I knew this was going to happen. The big guys get taken care of and us who own a small business get screwed. I can’t even get unemployment because unemployment in my state is a disaster. Who is going to help me???!!!
Man I got 1 employee which is me I applied on 4/3/2020 still haven't received it no feedback or nothing
uh oh!!! It’s getting ugly now!!!! Don’t mess with Small Businesses or else!!!!!
🤣🤣🤣🤣🤣
and they hit my personal fico for an inquiry!for a thousand bucks?I got screwed.
Dispute it
If you’re worried about that, you’re focused on the wrong thing. Inquiries have very low impact, and you got $1,000 for free!
Didnt know these Suckas Bullshitting Americans (SBA) hit my credit report until I saw your post🤨😡😡🤬🤬
Cody Steck - Money And Real Estate Cody is right, your minds in the wrong place if you’re more worried about a hard inquiry over a free $1000
What???that's horrible
Im a sole proprietorship, applied for this 10,000 grant as well as the regular loan. Nothing not even you did not qualify, I mean this is so upsetting. Not even you don't qualify letter. I have lost almost 35,000$ in 2 months. what can I do....just me...nothing. Always the same! its ALL BS!
I still got $0 and I applied on the 30th
100% agree! They totally bait & switched us! Applied thinking 10,000 in 3 days. Applied 21 days ago have heard nothing! I hope they are forced to do what was originally promised! Thanks for all your great videos!
Congrats on hitting 400k brother!! Been here since you were under 20k
I just got my $9000 for my 9 employees today 4/21/2020. I applied the 2nd day it was available.
I haven’t heard from them. I applied the day it opened and called about a week later and they said it was received. Still, no word.
Talk about the oil crash. Biggest news that no one is talking about. Will have severe repercussions across the world.
It’s been awhile since I filed so I don’t remember specifically however I vaguely remember there not being a option to enter a specified amount of desired EIDL grant.???
Could be a loop hole for SBA to say no one requested a specified amount so we made a determination on this criteria etc etc..
Michael Abramson IT WASNT CREDIT BASED. AND I HAVE GREAT CREDIT STILL NOTHING
They ran my credit on the 14th of April and nothing. Not even a $1,000 grant
Thank you. We have 2 Directors and 2 staff and no work. Nothing yet heard from our applications, let alone received!
I didn’t get the EIDL grant. However a few days ago I received a email saying I wasn’t approved for a loan ... I’m so confused
Kayla Gilchrist me too
Me 3
Wtf
Kayla Gilchrist me too
When did you apply?
Much RESPECT to you Kevin, you're truly inspiring.
That's the Government for You, take something easy and find a way to complicate it.
PLEASE HELP? Could you please do research into this for me? In Ohio the 600$ additional payment you're supposed to get with unemployment is only retroactive back to March 29th, even though our governor shut down the state the week of the 22nd. Which means everyone who was forced to stop working the whole week of the 22nd and had to file for unemployment will not get the additional 600$ for that week. That makes a huge difference when paying the bills. Are other states doing the same thing?
This guy is just pushing out content. Luv the hourly updates.
There was no part of the app asks amount requesting. I filled it out on 3/30. They pulled my cr 8 days ago, haven’t heard a thing, self employed independent contractors don’t put in 1 for employees if it’s only them. My friends have done that and got their funds****just called sba, asked for level 2 and was able to speak to someone. They said nothing holding IG grant up, and to keep checking account for deposit. That is hopeful at least.
I got denied for the EIDL so I also got denied for the advance as well. I thought you were suppose to get the advance wether you got approved for the EIDL or not? I wonder how a person would go about getting added to this lawsuit?
I filed mine 4/31. Got it today. Really needed this.
Oh snap another update lol.... :-P Kevin, take a break go get a glass of water and hang with the family :-P
Financial Investor yeah I wonder if he sees his family lol 😂
He is just hiding from his children
Each video is 💰
I know he’s kicking ass!!
DragsFire3oh2 truth 📈
Thanks Kevin for always update us a new information about this stimulus especially about the SBA and the EIDL. We haven’t gotten ours yet and already a law suit!! Nice going SBA admin.
i applied the very night it dropped. still have yet to receive anything but an email... called the sba they had no answers but was told "just hang in there"....
I applied the night it first came online. It was Sunday night. I got my advance last week. Sorry you still haven't seen it. I find it completely bazaar how they picked people out to get it and others got skipped.
I filed on the 10th this month and made sure to check the box for the 10k grant. Still haven't received any notifications or a deposit, would of been nice to be included in that lawsuit. So Hopefully they do something for the sole proprietors, self employed and private contractors. Because unemployment sure isn't doing shit for us in Vegas.
Thanks for all the updates on these issues Kevin!
I knew there was going to be a lawsuit... the SBA’s application of this was a complete cluster....
I applied for this on March 29th, and then re-applied when they added the fast application process. I only remember a box we checked indicating if we'd like to be considered for a 10K grant. There was no option for a specific amount to be requested. Perhaps I should have read the fine print better, but I also didn't recall any indication that they would pull a HARD INQUIRY on my credit. That wouldn't have been the worst thing for 10k, but I wouldn't have even bothered for 1k..... total bait and switch!
I thought it’s for “ Emergency “, I’m
a sole proprietor . I applied for EIDL nothing received any penny ,applied PPP, bank said , $350billion is exhausted ! We have not even received our stimulus chks!!! Ieven the PUA , cannot apply in Arizona coz their computer system is outdated since 1988! It’s a MESS!! Our phone, gas, electric internet are overdue !!!! Nothing received any penny at all !!!!
Can U ask the Plaintiff's Class Action Attorney to file a motion for injunctive relief or emergency motion based on the National Crisis & if not honored most likely cause irreparable harm, human lives' & the Economy?
I hear you Leilani, I'm in AZ too. no PUA, nothing.
same over here, this is incredulous!
This is the closest thing to the news that I watch. I really love and appreciate this channel and content! Thank you for making things so easy to understand!
Applied for it on the 4th. I never received shit! They said they'd get back to me withih a week. Just got generic email....AS IF I NEVER APPLIED!
Just got my money from. The sba 1000 and got my 600 and one week unemployment checks. So happy and so very grateful.godbless.Thank you Kevin love watching you and all your great advice paid off.pray many others see there money asap.😊🙏🏻
I need Kevin as my lawyer he would worry them to giving in lol 😂 they would be like whatever u wan just go away lmao
This tool is not a lawyer. He didn't even graduate college I think.
This is absolutely priceless! I've literally quit following stimulus details in the news. I just watch your channel for reliable and entertaining reporting. By the way, I received my. $1,000 advance this morning! A huge thank you, Kevin, as I learned about it from you. I applied March 30 so it took three weeks, but it did come though.
Credit Karma is not showing a credit inquiry either.
I wanna know what happened to 3 days. I mean ppl are pushing a month and haven't heard squat about their applications. They should be penalized just for that on top of this lawsuit. Ppl are losing businesses at a rapid rate while the SBA is dragging its feet.
Hope Kevin keeps us updated if they win the lawsuit. If that’s the case, I hope the rest of us small business don’t have to sue to get the $10,000 we were promised in 3 days!
Correct me if I’m wrong Kevin, but people were supposed to receive the advance grant even if they didn’t qualify for the loan, according to the exact text in the law?
Yup!
Yep, I got denied due to credit and was told they couldn't send the advance because of my bank or whatever ....
They ended up changing it to 3 days from the time your application is processed. I just received $1,000 today from them. My credit was ran last Thursday. I now have to wait for a decision for my loan. I already got the money either way.
@@flippyz2432 The bank you used has to be a business account. Some banks reject the payment if it isn't.
@@AwfulSmokey not all self employed people have business banks though... and i didn't see that it had to be a business bank account on the app in order to get the grant... also, many people got theirs thru their personal banks
Congratulations on 400k followers, you went up 10k in one day damn
Applied on 4/1 and got my confirmation number then received the genetic email on 4/14 and still waiting.
General contractor from Missouri and we and 8 of our subcontractors applied and we each received $1000. We applied for the EIDL grand on 4/7/2020 & finally received the measly $1000 on 5/5/2020. How in the heck did they determine how much money is granted. No where did it ask us how much money we were requesting.
You never mention people that have applied and never have heard anything. How do you suggest we proceed?
exactly
funds ran out
there’s nothing you can do but hope they pass this next bill. supposedly there’s supposed to be more money coming
bullshit
Got my EIDL grant today! I applied the first day the shortened online form was available. Sole proprietor, 2 employees, $2,000 recieved.
What website did u apply
What about people like me that applied, and still didn’t receive anything???
Talked to SBA Friday regarding my Grant application filed about 4-15-20, and still no $$;
turns out they had sent $$, but they and/or my bank had rejected deposit because it was going into a "personal" account instead of a "business" account.
Nice lady said she put notes on my claim to process again anyhow, wait a week, and call back if still no money.
I'm on hold for PPP. Denied unemployment. No stimulus check yet even though I put my numbers in on website.screwed so far...
I applied March 30th and didn’t even get $1000 in grant money. I’m a licensed cosmetologist. Others got paid that applied in April. I called the SBA and they told me that they gave out the money in a random order. ???? They said they are still distributing funds and that I will get an email on whether or not I am “approved”. Today I got an email from the SBA saying they are creating an online portal like the IRS and I would find out if I’ll get the some time in the future when the portal is complete.... There should be a class action. The first million should get there $10k. 10k x 1m is 10B not $250B so where’s the money?
So did I. I applied and then got lost. Not very good.
We actually received the $10k on 4/17. I applied on 3/30
Did you have more than 10 employee's?
dva folife we had a headcount of only 9
Isaac K it’s a true story bud
Don't give up! I applied long form on 3/22 and short form on 3/30. My credit was pulled on Saturday 4/19 funding is pending to deposit into my account tomorrow.
I've done both, long on 3/25 with a credit pull, and short on 3/29 with advance request with another SBA credit pull on the 4/12 but no payment yet.. ill cross my fingers
@@TheOneBlueXJ I'm praying that you're funded soon! Keep the faith🙏
@@t.edwards7935 thank you I'm happy your getting funded, im trying my best!
I didn’t miss the application window, I applied March 29th, and still haven’t received no amount of money. Any idea what could be going on?
Yeah they gave all the money to hedge funds
@@kick_then_shift That was the PPP.
Me too. I applied the 30th
Same. I applied on the 30th. Havent heard a thing. I have my application number.
Applied March 31 for EIDL and grant. Credit was pulled Sunday for both my business partner and myself. Have heard nothing else. Bank with Wells Fargo (not for much longer!) and submitted app early April 5th and still "in queue" to have application reviewed. Was sent email on afternoon 4/15 to fill out the paperwork for the PPP (the afternoon before SBA announced program was out of money). I submitted it within an hour of receiving the email.
How can we all be part of this lawsuite, I want in , my small business is hurting bad , just 2 of us but a nice retail store loosing thousands
I spoke to an attorney today about filing suit, on a slightly different basis fr a complaint. Now going on 6 weeks, and in todays conversation with the SBA, it was let slip that they are not going by the order received, they are favoring certain categories of companies I have seen multiple reports of people who filed after we did, who have at least received the grant, and when I asked the rep, she asked what type of business did I file under. I cant think of a reason why that would have been asked, (given that she had my confirmation number in order to locate our account), other than it would give her some insight as to why we are not being serviced in order.
I never got anything yet and I applied for EVERYTHING.
😥
I applied, got a number. Then everybody said re-apply. So I reapplied, got a number. Thats it from EIDL. Great work.
I think the SBA realized that the money they had to disperse would not nearly be enough so they tried to implement this “per employee” change after it was passed, without telling anybody... I’m thinking they will settle this out of court as a “mistake” and that’s the end of it.
I still can’t get them to answer me about my status.
They say they have my loan number, but supposedly they say they will get back to me. I filled out twice because they told me to do the second time on the 1st of April.
Just frustrated cause they won’t even admit to me that I’m denied. They just want to make me wait and hope I quit asking.
Such a joke
So update. I did get 1k.
I still as of May 1st, can not get get through to talk to anyone to actually talk about getting the “Loan” portion of it.
I mean, I still have issues with payments of rent as people are on back order getting stimulus and unemployment, it would be nice to use the “Loan” to bridge the gap.....
The SBA ran my credit today, wonder if they are just kicking me while I'm down or are actually going to help me out.
When did you apply?
They ran my credit last night, I hope the get some $.
When they ran my credit I got the money the next morning. Sound like your money is on the way.
They ran mine on Saturday.... funding pending deposit tomorrow. It's coming!
I had my credit pulled April 12 still nothing no deposit or email this is a government scam we got scammed. I applied on March 30 😑
Thank you Kevin, appreciate your efforts in getting this information out to the people!
I applied long time ago...no freaking grant yet!! WTF, over! Send me my grant freaking now!!
Thanks Kevin! You have helped me tremendously!
I've been self employed for the last two years, but don't have a business license. Just file schedule C on my personal taxes. If this opens back up can I apply?
I have a tax ID number for a small business and have people help occasionally getting stuff organized, would they count as employees. They are just paid in cash.
Jim g did you issue 1099 for them? Also, I believe you could not count them as they have gig income and could apply themselves.
FYI I interpreted number of "employees" in its classical sense (i.e. W2 employees). Since we only hire 1099 contractors, I put 0 for number of employees and still got the $1K.
Thanks for that. I put 0 also as a sole proprietor. I received nothing and they also ran a credit check. So I am entitled to my $1k.
I just got my 1000$ grant!
@Good Morning Good Afternoon and Good Night lol business expenses been crazy this past month!
I just received a direct deposit too but no email or notification did they email you or give you paperwork?
@@TheEllejohnson I got an email detailing other available programs. No credit check notification from credit karma.
@@TheEllejohnson no paperwork either
Thanks for the reply. I got the email options but not indicating I would receive -it and also nothing else.
I’m wondering if I should contact them to see if there is more to do or anything to sign. I thought this grant had to be forgiven in order for it to be free. If that’s the case we are going to need paperwork.
My application has been "processing" since 3-19, I got the advance and was told that I would be getting docs by next week. The person then said it was subject to a credit check and minimum score of 620. For the last 3 months I have paid payroll, rent and vendors using my cc's. My balances have gone up and now my score is going down...for doing the right thing?? When I applied , the application NEVER said a minimum credit score of 620 was needed! This 620 requirement, in my opinion is their trip wire as they drag people along until the money dries up AGAIN!!
I never received grant. I applied on 4/6. Haven’t received any mail, a phone call. Email nothing
sarah armstrong same
They where taking 3weeks for initial confirmation than another 2weeks for a decision... I applied day 1 of opening jus got denial passing Friday so
I applied 3/31, 2 employees, credit checked 4/17, nothing yet.
I can't even watch video's anymore about the EIDL grant with out getting all fired up. I applied on the 30th and have got 💩💩💩💩💩💩
Me too!!
Its very frustrating.
Mjackson - good idea to start a "me too" movement for everyone that has gotten raped by the government/SBA!
Kevin, the PPP was originally set at 2.5% of one month's GROSS income based on 1099. By the time the PPP was released to independent contractors, it was reduced to 2.5% of NET based on Schedule-C. And now the most recent guidance is stating that the forgivable amount will now be further limited to only 8/52 of annual Schedule-C net.. At this point the PPP is basically useless to the gig worker.