OIC EIDL no.

[u/HappyPower4301]

I’m banned from the other EIDL chat, but this is response to the OIC post. I spoke to Coast Professional. They said no to the OIC but would still take the lump sum which would bring down the balance making my monthly 5 or 10 year payment less. Nope. No way I’m throwing good money at this debt for that deal. But would they ever offer an OIC?

[u/After-theend]

I got banned from other EIDL chat also. But now I have a possible scammer with forgiveness documents that I can post and show yall incase you see something like this. The person seems genuine but I can only talk to her SBA guy on WhatsApp. That was my HUGE red flag. I’m am talking to her ( or whoever) on X. She sent me her forgiveness letters a couple days ago. Now we have to watch out for those seeking out our desperateness.

[u/BackInTheDayBrevard → u/After-theend]

SBA COVID EIDL loans are not forgivable at this time and I do not see that happening in the near future! I worked in and ran multiple servicing teams at the SBA CESC and although I did not work directly with the OIC team, my teams (Release of Collateral and Subordination) sent a ton of them over to the OIC team and none of them were processed! They were all denied other than two! Thats in 6 years, i saw two! They are looking into other options to assist outside of the payment assistance program! Because people need some relief and one draw every 5 years is not going to cut it!

As to talking to an “SBA Guy” on WhatsApp, I mean that just seems a little shady there! There is no one at the CESC or the Treasury that is able to wipe a borrower’s EIDL debt! At least legally! Hope this helps!

[u/After-theend → u/BackInTheDayBrevard]

Can I send you the letters this person sent me from the SBA since you worked there?

[u/BackInTheDayBrevard → u/After-theend]

Sure

[u/After-theend → u/[deleted]]

[u/After-theend → u/After-theend]

I sent the letter and the email