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Adriana Welborn
  • Investor
  • NW Georgia
9
Votes |
20
Posts

Can’t get EIN, does it have to be same name as LLC?

Adriana Welborn
  • Investor
  • NW Georgia
Posted

We have tried applying for an EIN online but I get error 101, which after some research it seems like it may be because the name is too common or there is already another business with the same name. 

We were told to fax the EIN application, which we have done twice and an EIN still has not been assigned. We are being told that per their guidelines we should apply once again. Another rep said that they are so backed up I should not expect a response any time soon. 

I’m considering, either applying with a different name online to see if it works, and then changing the name of the LL if needed, to something that includes a number or similar that would be easily available. Has anyone done this?

We are closing on a property in two weeks with a flip and fix loan, the company requires an LLC and business bank account, which I haven't been able to open due to the EIN requirement from bank.

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