You are using an unsupported browser. Please update your browser to the latest version on or before July 31, 2020.
close

Showing articles from Etran tag

Error communicating with SBA Etran Service (https://caweb.sba.gov/elend/ws/elend.cfc). The service did not respond after waiting 15 minutes: Confirm application was not created

When submitting an application to ETRAN from Ventures, some users have seen the following error message returned: **"Error communicating with SBA Etran Service ([https://caweb.sba.gov/elend/ws/elend.cfc][1]). The service did not respond after waiting 15 minutes."** If you received this error, please DO NOT try and s…

Etran Validation Rule - Start Up requires 15% Injection

* **ETRAN Validation:** Start Up requires 15% Injection **Possible Resolutions:** Confirm your Established Date within **Entities** > **General** tab. If blank it will assume it is a start up. Confirm the Start Up Business is not checked in **Eligibility** > **General** > **Credit Elsewhere** tab. ![][1] ![][2]…

ACH Data Entry for PPP Loans

For all **__PPP lenders_, _PPP packagers_ and/or _PPP LSP's__** - Please view attached PDF with steps to update your ACH information

ETRAN: Ventures Link to Existing Loan

From Ventures: Access the loan Select **SBA Submission** from the left side menu Click the Green **Add** Button Input your CLS Credentials > Click **Next** Select **Link to Existing Application** Input your **Application #** or **Loan #** and click **Next** A Pop will appear with the loan information. Click **L…

Etran Validation Rule - Request has already been uploaded and processed. Possible causes are: you pressed the upload button twice, you forgot you uploaded it earlier, a colleague of yours uploaded it and forgot to tell you

_ETRAN Validation_ "Request has already been uploaded and processed. Possible causes are: you pressed the upload button twice, you forgot you uploaded it earlier, a colleague of yours uploaded it and forgot to tell you".... This error is usually thrown when an application has already been submitted to SBA's ETRAN pl…

ETRAN Validation Rule: For Principal, Percent Ownership percentage provided requires Principal to be a Controlling Interest Entity

* **ETRAN Validation: ****For Principal, Percent Ownership percentage provided requires Principal to be a Controlling Interest Entity (2116)** **Possible Resolution: **Check the controlling interest for your entity owners (Entities menu > Contact level menus). If ownership is distributed evenly and is less than 51%…

Etran Validation Rule - For Borrower, the Primary Borrower Tax ID (Tax ID XXX) cannot match the SSN of any of the Primary Borrower Principals

* **ETRAN Validation:** **For Borrower, the Primary Borrower Tax ID (Tax ID XXX) cannot match the SSN of any of the Primary Borrower Principals.** **Possible Resolutions:** Confirm that your Tax ID Type matches the type of Tax ID that is being used. * If Tax ID being used is SSN the **Tax ID Type** should be SS…

Setting up an account with a general inbox email

In this article, we will discuss setting up a Ventures account that uses a general inbox email address. You may have general inbox email addresses for various purposes at your organization. You may want to use these email addresses within Ventures when performing certain tasks such as Servicing emails or 504 ETRAN ap…

ETRAN - Passing Collateral records from Ventures to ETRAN

If Lenders have more than one collateral record in their Ventures Collateral table the record for the additional non-Project Property record(s) will need to be passed to ETRAN. How do you do this? ![][1] Within a loan in Ventures: * Click on SBA Submission menu; * Click on Etrans; * Click on the green **+Add*…

ETRAN - Character Determination Background package for 504

ETRAN - Submitting your **Criminal Background package** (FKA 912 Package) for 504 loans 1. From Ventures > Make sure your Loan Status is set to Open > access the **SBA Submissions > Etran **menu 2. Click on the Existing "**Application #**" or if an application does not exist click on the Green **Add** Button to *…

scroll to top icon