Get Results Of Ongoing Investigation - Sba

If a borrower fails to respond to such a request for information, the SBA may determine the borrower was ineligible for the loan, or for forgiveness in whole or in part.

The Small Business Administration (SBA) offers loan forgiveness for some borrowers who have received an EIDL. This means that the borrower is no longer responsible for repaying the loan. However, it is important to note that loan forgiveness is not guaranteed and only available under certain circumstances.

Loan payments and account status for existing SBA loan borrowers. Existing borrowers can use the MySBA Loan Portal (lending.sba.gov) to monitor the status and make payments on the following loan types: Paycheck Protection Program (PPP) loans (payments only available for guaranty-purchased loans)

Generally, if you are flagged for PPP fraud, you will be contacted by a federal agent from a law enforcement agency or other federal authorities regarding your loan under the CARES Act.

Currently, there are at least four federal agencies that are conducting PPP loan fraud investigations. These agencies are collecting evidence through the issuance of subpoenas, criminal complaints, and other means, and they are working to create cases based on a variety of different charges.