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WRITTEN & RESEARCHED BY

Jon Millikan

Expert Analyst & Contributor

Navigating the Process: How to Check the Status of Your SBA Loan and other loan information

Updated: Sep 29, 2023



SBA logo with a bank model background

Small Business Administration (SBA) loans can be an excellent source of financing for small businesses. However, the loan application process can be complex, and it can be challenging to know what's happening with your application once it's submitted. In this article, we'll provide a detailed guide on how to check the status of your SBA loan, including information about different types of SBA loans, PPP distributions, SBA loan default statuses, and EIDL advances/grants.


First, let's take a closer look at the different types of SBA loans. The SBA offers several loan programs designed to meet the needs of different businesses. The most popular types of SBA loans include:

  1. 7(a) Loan Program: This program provides small businesses with general-purpose loans of up to $5 million for working capital, equipment, real estate, or other approved uses.

  2. Microloan Program: This program provides small businesses with loans of up to $50,000 to start or expand their businesses.

  3. SBA Disaster Loans: These loans are available to businesses that have suffered damage or economic loss due to a declared disaster, such as a hurricane or tornado.

Once you've applied for an SBA loan, it's essential to stay informed about the status of your application. The first step in checking your loan status is to log in to the SBA loan portal. If you don't have an account, you can create one using your loan application number.

Once logged in, you can view the status of your loan application, upload documents, and communicate with your lender. The SBA loan portal is an excellent resource for keeping track of your application's progress and staying informed about any additional documents or information needed to move forward.


If you're having trouble accessing the portal, contact your lender directly. They should be able to provide you with an update on your loan status and guide you on the next steps.

It's also essential to keep track of any PPP distributions you may have received. The Paycheck Protection Program (PPP) was designed to provide small businesses with funding to help them retain their employees during the COVID-19 pandemic. If you've received a PPP loan, it's essential to keep track of the funds and use them appropriately to maximize loan forgiveness.


In addition to checking the status of your loan, it's also important to understand SBA loan default statuses. If you're unable to repay your SBA loan, you may be considered in default. This can have serious consequences for your business, including legal action and damage to your credit score. If you're having trouble making payments on your SBA loan, contact your lender as soon as possible to discuss your options.


Finally, let's talk about EIDL advances/grants. The Economic Injury Disaster Loan (EIDL) program provides small businesses with low-interest loans to help them recover from economic injury caused by a disaster. In addition to loans, the EIDL program also provides advances/grants of up to $10,000, which do not need to be repaid.

To check the status of your EIDL advance/grant, contact the SBA's Disaster Assistance Customer Service Center. They can provide you with an update on the status of your application and any next steps you need to take.


Staying informed about the status of your SBA loan is crucial to ensuring a smooth loan application process. Whether you've applied for a 7(a) loan, a PPP loan, or an EIDL advance/grant, it's essential to keep track of your loan status, communicate with your lender, and understand the consequences of defaulting on your loan. By following these tips, you can make the most of your SBA loan and maximize your business's potential.


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Jon Millikan

Expert Analyst & Contributor

Jon has been writing for Xsellarate about small business solutions and financing since 2022. He started writing professionally about business related topics in 2012. Jon has been featured in Business Insider, OC Journal, the OC Wave, Entrepreneur Magazine & other publications. He has a bachelor's degree in Business Administration from California State University Monterey Bay and currently resides in Huntington Beach, California.

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