UPDATE: BOI 5M Presidential Intervention Loan


Credit: me



Once your application has been successfully submitted, one of the following will happen:


1. Loan Processing

2. Loan Returned

3. Loan Rejected

Explanations:


1. Loan processing indicates that every document you sent in is accurate. 

2. Returned indicates that some papers (such as a resume, proof of address, or identification) need to be uploaded again since they don't match. 

3. Rejected indicates that your application has been rejected outright, usually because you submitted the wrong documentation (for example, the Smedan certificate rather than the Corporate Affairs Commission Certificate of Registration).


Important: If your application's status stays at "submitted," it indicates that it is still being reviewed. 

Until an account officer is assigned to assess your submission and determine the next course of action, you will have to wait. 

Please DM me with any questions you may have about the application procedure, CAC registration, Tax Identification Number (TIN), letterhead, or business plan. 

Thank you, and I hope the approval process goes well for each and every candidate.

Application is still on going:

If you have applied for the BOI 5M presidential intervention loan continues to check your dashboard as the status changes.

If you have CAC and didn't apply try as much as you can to follow this link



Source: FGN BIO 

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