Real Stories. Real Rage. 100% True Testimonials from People Screwed by the SBA.
"The people at the SBA are really a bunch of incompetent, lazy morons... I finally had to get rid of the items without their approval... lost six figures+ in deposit refunds. Sent a demand letter and contacted Pelosiâs office â no response."
â u/SnooChickens8163 on r/EIDL (27 days ago)"I applied to the SBA for assumption on the loan... The SBA agent told me Iâd need to add a co-payer, and they had to pay $30,000 upfront before SBA would even consider it. Even if my name isnât on it. We just withdrew."
â u/Aggressive-Source123 on r/EIDLPPP (1 year ago)"Each time I sent all my documents and followed instructions. Then Iâd get an email saying I didnât send anything. Iâve been declined in RECON over and over again. This is a nightmare."
â [deleted] on r/EIDL (4 years ago)"Itâs a lottery, folks. The SBA is full of crap. Weâve all been lied to about glitches. Thereâs no system. Just randomness and garbage excuses."
â u/getthestacks75 on r/EIDL (4 years ago)"I was told I was approved by the SBA rep, quit my job offer, and waited. Two months later, they say Iâm still processing. Now I have no money and no job."
â u/lifethinker1 on r/EIDL (4 years ago)
These SBA Customer Service Agents are getting more rude by the day. I called in about my loan and the woman sighed and said, âWhy are you even calling?â and then HUNG UP. I was stunned. I called back and asked to speak to someone else, and the second guy said, âWeâre not here to solve your personal problems.â I couldnât believe what I was hearing. I asked for a manager, and the line just went dead. I called again, and they said I was being âhostile.â I havenât even raised my voice. Iâve filed a complaint and am documenting everything. I hope these people get investigated. This is absolutely unacceptable behavior for a federal agency.
â u/iloveeveryone2021 on r/EIDL (4 years ago)
UPDATE: I'm officially DONE. Iâve done everything right since day one. I submitted all the correct documents, spoke with reps, even escalated to the Office of Disaster Assistance. Nothing helped. Now theyâre telling me they âcannot verify my informationâ again â after FOUR confirmations. Iâve laid off all five employees today. My storefront is closing this week. Thanks, SBA. You destroyed my business and my livelihood. FU.
â u/TrumpSucksPutin2020 on r/EIDL (4 years ago)