SBA Disaster Federal Secured Loans Federally Secured Low Interest Loans managed by the SBA

I was denied for EIDL SBA loan and was notified by an email. Not eligible due to character reasons.

I have 90 days to request for reconsideration, what should I submit and what is the effective way to dispute it?

By Murray Wennerlund published 10-5-2022 updated 11-10-2022
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I applied and was accepted for an SBA loan but opted to take a lower amount once my loan was offered.

How do I request the full amount of the first SBA loan that was offered?

By Murray Wennerlund published 10-21-2022 updated 10-21-2022
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Form 3502 Economic Injury Disaster Loan Supporting Information.

You may need this document when applying for your EIDL after a disaster.

By Murray Wennerlund published 10-11-2022 updated 10-12-2022
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LOAN AUTHORIZATION AND AGREEMENT (LA&A) SBA Form 1391 (5-00) Ref 50 30

LOAN AUTHORIZATION AND AGREEMENT LAA SBA Form 1391 5-00 Ref 50 30

By Murray Wennerlund published 10-19-2022 updated 10-19-2022
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Paycheck Protection Program US Treasury published Rules Research based learning

Paycheck Protection Program US Treasury published Rules.

By Murray Wennerlund published 4-23-2020 updated 4-23-2020
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SBA Disaster Recovery Loan repaid by HUD CDBG-DR Grants Update

Full and Partial loan amounts by category: You must request from the SBA a breakdown of your loan. Structural repair or replacement of real estate and contents, non-structural.

By Murray Wennerlund published 10-3-2019 updated 1-15-2022
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SBA EIDL Decline Code 32 Business activity is not eligible

Economic Injury Disaster Loans EIDL are available only to a small business engaged in an eligible business activity. Business activity means the nature of the business conducted by the applicant.

By Murray Wennerlund published 10-15-2022 updated 10-15-2022
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SBA EIDL Ineligible Uses of Loan Proceeds.

What you can not spend your Economic Injury Disaster Loan EIDL money on.

By Murray Wennerlund published 10-21-2022 updated 10-21-2022
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Borrower may not use an oral statement of SBA to contradict or alter the written terms of this Note.

What the SBA customer representative says or what your loan officer says will not change the LAA section that is the loan note. Be sure you understand and read your LAA and understand your promissory note.

By Murray Wennerlund published 10-23-2022 updated 10-23-2022
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Economic Injury Disaster Loan EIDL Self-Employed and Independent Contractors 30 year term

Self-Employed and Independent Contractors 30 year term 3.75 percent SBA Disaster Loan.

By Murray Wennerlund published 11-1-2022 updated 11-1-2022
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