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.

  • Automatic_Emu8814@alien.topB
    link
    fedilink
    English
    arrow-up
    1
    ·
    11 months ago

    Get your credit report and see what’s happening. You didn’t have an LLC, now that you do you can build business credit and any loan you get, get on business and EIN, not your SSN.

    I’m thinking this either slipped through the cracks or it was a grant, either way a good one!