Quick answer: No, you're still being considered.
I have received over 100 requests and we only have about half as many canisters as requests... I have to go through all the requests and 'weigh' them against each other to decide who gets a canister loan & who doesn't - trying my best to be 'fair' about it at the same time... If everyone wants me to be faster going about this in my spare time, I could always simply draw names out of a hat and be done with it - but for me that's definitely not the right way to do it.