Do not click on the link. This website is not a lender and does not broker loans, make loans or make any credit decisions. ; Loan amount is up to $6,500,000 for the Wells Fargo portion and up to $5,000,000 for the portion funded by a Certified Development Company. They occasionally apply for a loan through the SBA’s Paycheck Protection Program (PPP) or Economic Injury Disaster Loans (EIDL) program. Attachments that you email to the SBA cannot be larger than 5MB due to the SBA's size limitation on emails. The Paycheck Protection Program ended on August 8th, 2020. SBA’s Economic Injury Disaster Loans are just one piece of the expanded focus of the federal government’s coordinated response, and the SBA is strongly committed to providing the most effective and customer-focused response possible. The critical step to take before getting a loan is to verify the lender. However, it could be any other domain name, so beware. A week ago, SBA issued an economic disaster declaration for all of New York’s 62 counties. You’ll receive periodic emails – no spam at all. Small Business Administration (SBA) financing is subject to approval through the SBA 504 and SBA 7(a) programs. This is the only loan program offered by the SBA where the administration lends directly to borrowers in almost all other cases, the SBA just guarantees loans that other lenders make.Business physical disaster loans: These FAQs Help Contact Us Register Login Loan Information Search Declarations Apply Online Disaster Loan Assistance Coronavirus (COVID-19): Relief options and Additional Resources SBA.com® is not SBA.gov. There were cases of cyberattacks with the usage of the SBA logo. The email looks like it is coming from an official Small Business Administration account. We also get your email address to automatically create an account for you in our website. The declaration is necessary before companies may apply for disaster loans. Due to the nature of the Internet, it is possible that unsecured email could be intercepted by third parties. As outlined above, for better or for … Also, the approval of an SBA loan does not require payments. The SBA connects entrepreneurs with lenders and funding to help them plan, start and grow their business. SBA loan scams change their websites as soon as one is reported as fraud. Getting an email or text that asks you these things, you can be sure that it is a scam and the best thing you can do is to delete it. You can also take a look at the list of emerging SBA scams HERE. SBA Reopens Disaster Loan Portal. disastercustomerservice@sba.gov . This loan provides economic relief to small businesses and nonprofit organizations that are currently experiencing a temporary loss of revenue. First, you should get information about SBA loans directly from the SBA’s website, sba.gov/coronavirus. Throughout the COVID-19 pandemic we are paying special attention to helping small businesses and independent contractors navigate the complexities of government relief options. It would be best to get acquainted with possible charges that you may be asked to pay by the SBA. Call 1-800-659-2955 (TTY: 1- 800-877-8339) or e-mail . For example, what happens if you open the bogus SBA application. The SBA provides low-interest disaster loans to help businesses and homeowners recover from declared disasters. Once your account is created, you'll be logged-in to this account. We would like to show you a description here but the site won’t allow us. We support America's small businesses. 1. How To Tell If Someone Is Scamming You Online. Meanwhile, Democrats pressed Treasury chief Mnuchin and SBA to provide the names of all recipients of PPP loans… By Melanie Waddell | June 15, 2020 at 07:51 PM. Forgot your password? What people can expect from these scammers is malware disguised as SBA documents, which you can find in the email. California Residents: Do Not Sell My Personal Information. The Small Business Administration lends funds directly to business owners and individuals affected by a declared disaster, such as a hurricane, drought or tornado. Finally, use the Comments section below to expose other SBA loan applications scammers: Watch out for the Holland and Lieberman lawsuit scam, a bogus text message inviting you…, Attention gamers! Located at…, Sephora Scam on Facebook: Store Closing Beware of a new Sephora scam on Facebook, claiming…, Watch out for the HomeDepoten.com Scam, a fake website featuring great furniture deals. There are many, and they are dangerous. We are a private business providing resources for small businesses, including resources for PPP loans. Typical SBA loan scams come as emails claiming to be from the US Small Business Administration to take personal information from them. Some restrictions may apply. We will continue to accept PPP inquiry requests and will follow up with next steps via email in hopes that Congress extends the program. See our Advertiser Disclosure for more information on how we try to connect you with a Paycheck Protection Program (PPP) lender or other small business lenders. The Homedepoten.com…, Beware of the Home Depot Mall Scam, a fraudulent website that pretends to have great…, Keep an eye open for the Chase Text Message scam, purportedly coming from Chase Bank…, The Publishers Clearing House Sweepstakes Scam is back. Browse loan options with access to over 75 lenders who are helping businesses like yours everyday. Having in mind that the SBA will not contact people if someone keeps getting you claiming to be from the SBA, you need to know that it is a criminal act. You could also officially report criminals or any other suspicious activity to the FTC (Federal Trade Commission) using the link below: If you want to find out the most notorious scams weekly, make sure to subscribe here to the Scam Detector newsletter. Let’s take a look and educate ourselves. No email from SBA. The main target of these Small Business Administration scams is business owners. SBA.com® is an independently owned and operated website and has no government affiliation. You can notice the subject line “SBA Application — Review and Proceed.”. This does not guarantee that the email comes from the SBA, so be aware of this and never provide your personal information. Beware of the PS Game Space Scam and its fake reviews. On the “Status” … The 10-digit SBA loan number and payment amount are required to complete this form. There were also many instances when criminals included a form asking their victims to provide banking information and personal details. Start your PPP loan request with SBA.com® in case Congress extends the program. If you have a question about getting an SBA disaster loan, call 800-659-2955 or send an email to disastercustomerservice@sba.gov. If you have already opened it, it’s not too late. You have reached SBA.com®. There are numbers and links which people find useful when they want to fight against these cybercriminals. For additional information, please contact the SBA disaster assistance customer service center. You can also apply directly to SBA from your DisasterAssistance.gov account: Create or log in to your account. Please cross-reference any information you receive with information available at www.sba.gov. DO NOT use this form to pay Payroll Protection Program loans or EIDL Advances/Grants. Access your SBA Economic Injury Disaster Loan Portal Account to review your application and track your loan status. The SBA’s Office of Inspector General wanted to warn people about fraud, so the announcement is related to the following: People who are already applying for an SBA loan and a suspicious email are sent to them, in which they are asked for PII, they must compare the referenced application number with the actual application number, which must match. Warn your friends and family about these SBA loan scams by sharing this article on social media. By clicking "continue" and using this site, you acknowledge that you have read and understand this message. The real SBA email accounts end with sba.gov. Small Business Administration (SBA) Financing Solutions The SBA helps small businesses get SBA loans by guaranteeing them up to a certain percentage. Any information you send to SBA via email is sent via an unsecured email link. In case you have any questions about other SBA lending products, you can call SBA’s Answer Desk at 800-827-5722. 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