Actually just found out the answer - So I am posting for all who want to know.
~ If all paperwork is complete and you have no complications with your application (this includes that you checked the No Box on all questions that pertains to disciplinary charges) Then it is processed and approved in 2 Business Days and you get your license number.
~ If you did check the Yes Box to any type of previous disciplinary charges you may have to appear in front of the board during one of their scheduled board meetings which are held monthly to explain - then they will determine whether or not to grant you a license.