Hi! Needing some advice! I took out a $7000 SBA disaster loan in 2020. It was one of the most chaotic years of my life and I somehow forgot about this loan.
First off, I have received no emails or calls about this loan. I cannot trace any emails and I tried to login in my old account is gone. If it weren’t for a screenshot of the amount and application number, I would have had zero trace. I had to make a new account and I cannot see my loan either. I sent them an email and I am waiting.
Does anyone know how long these have been deferred for? This loan was granted to me in May 2020. I saw that there was a 30 month deferment. Although we are at 41 months now. The only reason I am truly freaking out is because we are supposed to be building a house next year and although it’s not on my credit report at the moment, I am nervous that it will pop up Unpaid for so long. (Used my social at the time)
Lastly , At the time I did not have an LLC which I do now. Does anyone know if I would be able to transfer the loan to my LLC instead of my social? My LLC will be paying for it.
It was a forgivable loan you don’t have to be worried….