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.
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 ETRA…
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%, then C…
ETRAN Validation Rule: For Lender, do not have an active agreement (219)
The following validation applies only to 504 Lenders: For Lender, do not have an active agreement (219) SBA has activated a validation rule that will be thrown ONLY if they do not have the ALP Agreement on file for your organization. * If you are NOT an ALP CDC your SBA Processing Method should be 504 - Bas…
Etran Validation Rule - Missing required field: Primary Loan - Revolving Term
The following validation rule applies to 7a Lenders: Missing Required Field: Primary Loan - Revolving Term You're submitting an application via ETRAN and you receive a validation error stating: Missing Required field: Primary Loan - Revolving Loan . What does this mean? It means you have checked the Line …
ETRAN Validation Rule: ApplicationNumber XXX is not in IP status.
You have attempted to submit a project for approval or are trying to upload documents but ETRAN fails and gives you the following error message: The key sentence in this error is the last one which states that your ETRAN application is not in IP (In Process) status. This generally means that you application is n…
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 SSN * If Tax …
