Here’s What to Do if You Are Denied PPP Loan Forgiveness

Denise Gillin News

By Lisa Price for Small Business News

If you were denied for all or part of the money on your PPP loan forgiveness application, your appeal must be timely.

You have 30 days to appeal. The clock starts when you receive written notification from the Small Business Administration (SBA).

This is an important element of the 30-day time frame. It’s NOT 30 days from the time your lender received the notification. It’s 30 days from when YOU received the notification.

In other words, if your lender calls you with that news, have the SBA notification letter time stamped with that day’s date when you receive the letter.

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