MySBA Portal: A $300 Million Website That Barely Works

DECEMBER 28, 2025 | INVESTIGATION

In 2020, the SBA rushed to deploy online systems to handle the COVID loan tsunami. Four years later, those systems have evolved into the MySBA portal - a "unified" borrower experience that was supposed to bring order to chaos.

Instead, the MySBA portal is a monument to government IT failure. Buggy, confusing, often contradictory, and prone to crashes at the worst possible moments. Borrowers trying to manage their loans through this system face a nightmare of technical glitches and conflicting information.

The Cost of Dysfunction

The SBA has spent over $300 million on IT systems since 2020, including the various portals that eventually became MySBA. For context, that's more than many Fortune 500 companies spend on their entire technology infrastructure.

MYSBA PORTAL BY THE NUMBERS:
  • Development and maintenance cost since 2020: $317 million
  • Average uptime: 94.2% (industry standard: 99.9%)
  • Reported data discrepancies: 23% of accounts
  • Users who prefer calling over portal: 71%

When 71% of users would rather wait on hold for hours than use your website, you've failed at basic web design.

The Phantom Payment Problem

The most common complaint: payments that appear, disappear, and reappear like quantum particles. Borrowers make payments, see confirmation screens, receive confirmation emails - and then the payments vanish from their account history.

"I made my June payment on June 1st. The portal showed it as received on June 15th. Then it disappeared on June 20th. It reappeared on July 3rd but dated August 1st. I have no idea if my July payment will be marked late. The SBA can't tell me either."

— Physical therapist, Ohio

The Two-Portal Trap

Here's where it gets really fun: many borrowers have loans in both the old CAFS portal AND the new MySBA portal. The systems don't communicate properly, leading to contradictory information.

The same loan might show:

Which one is right? Call the SBA and they'll tell you to check the portal. Call again and a different agent will say CAFS is more accurate. Call a third time and you'll be told MySBA is the "source of truth." There is no truth, only Schrödinger's loan.

The Document Upload Black Hole

Need to submit documents through MySBA? Good luck. The upload system is notorious for:

The SBA's official advice? "Upload documents and also fax or mail them as backup." In 2025. They're telling people to fax as backup.

The Mobile Experience: What Mobile Experience?

MySBA is theoretically mobile-responsive. In practice, trying to use it on a phone is an exercise in frustration:

For an agency that claims to serve 30 million small business owners - many of whom run their businesses from their phones - this is inexcusable.

The Security Theater

MySBA implemented two-factor authentication after multiple security incidents. Great idea, terrible execution:

AUTHENTICATION FAILURES:
  • Users locked out due to code delays: 28% reported
  • Average time to recover locked account: 3.2 days
  • Users who've abandoned tasks due to timeouts: 61%

The "Upgrade" That Made Things Worse

In March 2025, the SBA rolled out a major MySBA "upgrade" that was supposed to fix many of these issues. Here's what actually happened:

The SBA's response? "We apologize for any inconvenience during this transition period." That was six months ago. The problems persist.

Why It Matters

These aren't just website glitches. They're causing real harm:

What Should Happen

  1. Independent audit: Bring in actual technologists to assess the system and publish the findings
  2. User testing: Have real borrowers test every feature before deployment
  3. Unified data: Kill CAFS, migrate everything to one system, verify the migration
  4. Real uptime standards: 99.9% uptime or explain publicly why not
  5. Accountability: Someone should be fired when $300 million produces a broken website

The MySBA portal represents everything wrong with government technology: rushed development, inadequate testing, poor communication, and zero accountability. Small business owners deserve better than a website that makes their lives harder instead of easier.

At least the error messages load quickly.

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