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 Pelosi’s office — no response."
– u/SnooChickens8163 on r/EIDL (27 days ago)"I applied to the SBA for assumption on the loan... The SBA agent told me I’d need to add a co-payer, and they had to pay $30,000 upfront before SBA would even consider it. Even if my name isn’t on it. We just withdrew."
– u/Aggressive-Source123 on r/EIDLPPP (1 year ago)"Each time I sent all my documents and followed instructions. Then I’d get an email saying I didn’t send anything. I’ve been declined in RECON over and over again. This is a nightmare."
– [deleted] on r/EIDL (4 years ago)"It’s a lottery, folks. The SBA is full of crap. We’ve all been lied to about glitches. There’s no system. Just randomness and garbage excuses."
– 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 I’m still processing. Now I have no money and no job."
– 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, “Why are you even calling?” and then HUNG UP. I was stunned. I called back and asked to speak to someone else, and the second guy said, “We’re not here to solve your personal problems.” I couldn’t 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 “hostile.” I haven’t even raised my voice. I’ve filed a complaint and am documenting everything. I hope these people get investigated. This is absolutely unacceptable behavior for a federal agency.
– u/iloveeveryone2021 on r/EIDL (4 years ago)
UPDATE: I'm officially DONE. I’ve 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 they’re telling me they “cannot verify my information” again — after FOUR confirmations. I’ve laid off all five employees today. My storefront is closing this week. Thanks, SBA. You destroyed my business and my livelihood. FU.
– u/TrumpSucksPutin2020 on r/EIDL (4 years ago)