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- The quickest method of obtaining your SBA loan application status is to use the appropriate online portal. First, identify the correct portal to use. In general, non-emergency assistance loans use the E-Tran feature of the CAFS portal. For PPP loans, you can use the portal provided by the bank you applied with.
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People also ask
Will SBA continue to process PPP forgiveness applications?
What if my PPP loan application has been flagged?
Who can apply for a PPP loan?
How do I check the status of my PPP loan application?
Mar 13, 2024 · Check the status of your application. If you submitted your application through the portal: You can check your progress in the SBA direct forgiveness portal. If you submitted your application through your lender: Your lender can provide information about the progress of your forgiveness application. Additional forgiveness resources.
- SBA Direct Forgiveness Portal
This portal is made available by the US Small Business...
- SBA Form 3508S
A borrower may use this form only if the borrower received a...
- Sign In
Sign in. Username Password. Remember Me
- First Draw PPP Loan
If you are unsure about your PPP loan status, or if your PPP...
- Get Help With Your PPP Loan
If you are unsure about your PPP loan status, or if your PPP...
- PPP Lender Information
Specifically, from February 24 to March 9, 2021, SBA had a...
- PPP Loan Forgiveness Application + Instructions
PPP Loan Forgiveness Application + Instructions . PPP Loan...
- PPP Lenders Participating in Direct Forgiveness
A locked padlock) or https:// means you’ve safely connected...
- Login
MySBA loan portal. Borrowers applying for SBA disaster loans...
- SBA Direct Forgiveness Portal
- Two Ways to Check Your PPP Loan Status
- What You’Ll Need to Check Your Status
- Final Thoughts
Contact Your Bank Or Lender
Each lender has its own policies surrounding how PPP loans are tracked, so you will need to contact your specific lender directly for more information. Fortunately, though, many banks and lenders have provided online information and portals to make tracking your PPP loan quick and easy. Here’s what to expect from some of the biggest lenders participating in the PPP program: 1. Wells Fargo (FAQ page):Wells Fargo will keep borrowers updated on PPP loan statuses through email or mailed letters....
Contact The SBA Directly
Given the extraordinary volume of SBA loan requests and the problems the SBA has had with meeting business demand for emergency assistance, this option may not bear fruit immediately. Simply put, the institutional capacity of the SBA to effectively respond to a disaster of this magnitude has been inadequate — and that’s putting it charitably. Nonetheless, I’ve seen a few reports from business owners who were able to get meaningful information from an SBA representative concerning the status o...
The information you’ll need to check the status of your PPP loan application will depend on how you applied for the loan in the first place. If you applied through SBA.com, you’ll need to enter your login information for the application portal. You should also have whatever information you provided in the application process on hand when you check ...
As we all try to navigate our way through this unprecedented crisis, business owners seeking relief have been dealing with the additional stress of finding that, in short, nothing is working as intended. If you’ve applied for a PPP loan and have tried checking the status of your application, we’d love to hear about your experience, whether successf...
- Jason Vissers
Oct 9, 2020 · October 8, 2020. WASHINGTON – The U.S. Small Business Administration, in consultation with the Treasury Department, today released a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less.
