If you can’t find this email, you can access your application portal by resetting your password using the email address from your loan request and then logging in. COVID Loan Tracker is a community of 40,000+ small business owners reporting across all 50 states. Agent stated Loan Officer had just pulled tax transcripts. When applying for an SBA loan, know that you’ll need to be patient. Yet business owners are requesting an … (Please note: if you applied through the expedited COVID-19 portal, you will be unable to check your status. As an alternative, you can also check your loan status through the Disaster Loan Assistance Portal. All duplicate requests will be instructed to login in to the partner’s account portal to complete the process. This website uses cookies to improve your experience while you navigate through the website. Unfortunately, the process has featured mainly “Delays, Delays,” as Inc. magazine summarized the situation. Many visitors that have started their PPP request  with SBA.com® and completed their loan application through our partner have had their loan applications. On the line for SBA, under the “Application Status” column, click Apply. Once logged in to the portal, you can access our partner’s live chat option to ask about your application status. If you can’t find this email, you can access your application portal by resetting your password using the email address from your loan request and then logging in. If you mailed in your application, calling this toll-free number is the best way to find out the status of your loan, as you won’t have a username and password to log onto the online portal. Collecting data online is the best way to get your application data to the SBA. This also requires the username and password used when applying for your loan. You will first need to log back into our partner’s application portal. You should have received an email from our partner with your account details to access the application portal where you can complete your application. See the section below: If you’ve completed all of your application materials through the partner’s portal and want to check the status of your application, you will need to log back into the partner’s portal. None of the information on this site constitutes legal advice. How much can I borrow? I then received an email from SBA with an original 2000XXXXXXX number. Some applicants haven’t received an email or phone call from the SBA but did receive a deposit in their bank account from the SBA with an attached application number. Update (July 5, 2020): If you applied for a PPP loan with a bank or other lender directly, please follow up with them for the status of your application. If you started a PPP Loan request on SBA.com®, and need support please read the four categories below for help on next steps and where to follow up. ET) We wish you the best during this difficult time. On the other hand, though, you may be stuck waiting on hold, as other business owners are also inquiring about the EIDL program and loan statuses. We would like to show you a description here but the site won’t allow us. If you have already applied with FEMA, FEMA can transfer your information to SBA. Don’t hesitate to access our partner’s live chat option for any questions or call (855) 853-6346. After you submitted your PPP Loan request with  SBA.com®, you should have completed your application with our partner through their application portal. However, currently SBA.com® has stopped accepting any loan requests as of June 26, 2020. As a result, our referral partner has stopped accepting PPP applications on June 26, 2020. In order to do this, follow the instructions in the section below “, how to complete your PPP Loan Application, The following applies to you if you requested a PPP Loan through SBA.com® but you did not then submit and certify a fully complete loan application through our partner. See our Advertiser Disclosure. This website is not a lender and does not broker loans, make loans or make any credit decisions. What You’ll Need to Check Your EIDL Status. Small Business Advice (or "SBA®" or SBA.com®") offers business advice, information and other services related to the formation, financing, operation and management of businesses. Disaster Loan Assistance Federal Disaster Loans for Businesses, Private Nonprofits, Homeowners, and Renters Below are resources for users who submitted loan requests on SBA.com® and were sent to our partner to complete their application. Once logged in to the portal, follow the instructions to complete your application. Agent wasn't very helpful and basically told me to wait it out. The following includes several effective sources to check your SBA loan status: Online Through the SBA Website. ... SBA Economic Injury Disaster Loan Response. This may be because you are not eligible based on the information in your application, or because you have not submitted all of the necessary documentation with your application. The SBA provides low-interest disaster loans to help businesses and homeowners recover from declared disasters. If you can’t find this email, you can access your application portal by. James Rivera, a long-time federal official whose office oversees the SBA's disaster-loans program, took questions from lawmakers frustrated by long loan … After you reset your password, your login information for the portal will be the same whether you are logging into the portal through SBA.com or through our partner. Agent stated Loan Officer had just pulled tax transcripts. Our clients have been asking for help determining and understanding the status of their PPP loan forgiveness applications. You can use this method if you submitted your application online or by mail. Use this method if you have additional questions about the program or submitted your application by mail. SBA loan application demonstrates little vetting in securing emergency funding A Tennessee woman is calling for more oversight on the U.S. Small Business Administration loan … SBA.com® is still accepting loan requests until PPP funding is completely used up. Please note that due to high call volumes  and demand, it may take up to 24-48 hours to receive a response. For questions regarding the PPP and loan forgiveness, contact the Lender Relations Specialist in your local SBA Field Office. For more information on required documents, see our page on How to Complete Your PPP Loan Application. Those who can use SBA Form 3508S are exempt from reductions in loan forgiveness amounts based on reductions in full-time equivalent (FTE) employees or in salaries or wages. We recommend you double check your application and application materials to ensure that you have provided all the necessary information and documentation. Our partner has many lenders on their marketplace. Once logged into the portal, click on the “Edit application” button. Through these portals, you can view information related to your application, including the application number, the current status, and the date that the status was last updated. The amount SBA will lend depends on the cost of repairing or replacing your business and business contents or home and personal property, minus any insurance settlements or grants. If you are a small business use our PPP Loans for Businesses request form. If you’re a 1099 independent contractor or a self-employed individual, use our, For more information on required documents, see our page on, How to Complete Your PPP Loan Application, application for PPP forgiveness for amounts of $50,000 or less, U.S. Small Business Administrations Lender Match, California Residents: Do Not Sell My Personal Information. All emails should be directed to the disaster assistance customer service team at disastercustomerservice@sba.gov. Disaster Loan Assistance Federal Disaster Loans for Businesses, Private Nonprofits, Homeowners, and Renters. If this is your situation, you should review (see 85 FR 20817 (April 15, 2020) regarding application of SBA’s affiliation rules and the exemption of otherwise qualified faith-based organizations from SBA’s affiliation rules) for details. Most SBA loans will require a lot of documentation and verification, which makes the process quite lengthy. We'll assume you're ok with this, but you can opt-out if you wish. Agent wasn't very helpful and basically told me to wait it out. .” Note that SBA.com® is not a lender, you do not have to use us or our partner to access PPP funds and there is no guarantee that you will receive a PPP loan. In order for our partner to be able to connect you with a PPP lender if  funds are still available, you will need to fully complete and certify your loan application with our partner. In order to qualify for the advance, you need to submit this new application even if you previously submitted a disaster loan application. In order to do this, follow the instructions in the section below “. Please try this before escalating further. You should have received an email from our partner with your account details to access the application portal and check your application status. It is mandatory to procure user consent prior to running these cookies on your website. The complete text of the Interim Final Rule can be seen here. 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