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Business Was Established After The Disaster: Pdcrecons@sba - Gov

The SBA sent a letter to Carson Antavia informing him that his application for an Economic Injury Disaster Loan was denied because his business, Carson and Sons Motors, was established after January 31, 2020, which is when COVID-19 was declared a public health emergency. The letter explains that if a business was established after an impending economic injury became apparent, it is generally not eligible for the loan. However, the SBA will reconsider the application if documentation can demonstrate the business was in the organizing stage prior to January 31, 2020, such as receipts for inventory or equipment purchases or employment advertisements. The letter provides instructions for requesting reconsideration of the loan application decision.

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255 views2 pages

Business Was Established After The Disaster: Pdcrecons@sba - Gov

The SBA sent a letter to Carson Antavia informing him that his application for an Economic Injury Disaster Loan was denied because his business, Carson and Sons Motors, was established after January 31, 2020, which is when COVID-19 was declared a public health emergency. The letter explains that if a business was established after an impending economic injury became apparent, it is generally not eligible for the loan. However, the SBA will reconsider the application if documentation can demonstrate the business was in the organizing stage prior to January 31, 2020, such as receipts for inventory or equipment purchases or employment advertisements. The letter provides instructions for requesting reconsideration of the loan application decision.

Uploaded by

Vince Kimmet
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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November 10, 2020

CARSON ANTAVIA
CARSON AND SONS MOTORS
1059 richard simons rd
EASTOVER, SC 29044

RE: SBA Disaster Loan Application Number: 3315257586

Dear CARSON ANTAVIA,

In these unprecedented times, we understand the challenges you are facing. The SBA is making every effort
to support small businesses, which are the backbone of the American economy. Unfortunately, although we
have made every effort to approve your loan request, we are unable to offer you a Economic Injury Disaster
Loan (EIDL) for the reason(s) described below.

Business was Established After the Disaster

You indicated on your application that your business was established after January 31, 2020, which is the
date that COVID-19 was declared a public health emergency. If a business was established after an
impending economic injury became apparent, the business is generally not eligible for an economic injury
disaster loan. However, there may be eligibility if you are able to demonstrate that your business was in the
process of starting operations prior to January 31, 2020. SBA will require documentation to support this
"organizing stage,” Examples of such documentation include receipts or contractual agreements for
inventory or machinery and equipment purchases, advertisements, employment advertisements, etc.

If you disagree with our decision, you may request reconsideration, subject to the availability of funds. You
can submit your request to any of the following:
a. Mail your request to the address at the top of this letter.
b. Fax your request to: 202-481-5931.
c. E-mail your request to: pdcrecons@sba.gov.

Your request must:

1. Be in writing and be received by this office as soon as possible(but no later than 6 months from
the date of this letter.)
2. Contain all significant information that will overcome the decline/withdrawal reason(s).

We understand that this is a challenging time for your business and for the nation. The SBA has local
offices in your community which can refer you to resources that may be able to help you address the
underlying reason for your loan denial. For more information on these services, please go to
www.sba.gov/local-assistance to locate the email address and phone number for the nearest SBA district
office and/or SBA's resource partners. Please call or email for a virtual appointment.

If you have any questions regarding this matter, please contact us at 800-659-2955 (TTY: 1-800-877-8339).

SBA Form 2157B 1


Sincerely,

Application Processing Department

The Federal Equal Credit Opportunity Act, 15 U.S.C. §1691, prohibits creditors from discrimination against credit applicants on the basis of race, color, religion,
national origin, sex, marital status, age (provided that the applicant has the capacity to enter into a binding contract); because all or part of the applicant's income
derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Protection Act. The Federal
agency that administers compliance with this law concerning this creditor is the Consumer Response Center, Federal Trade Commission, Washington, D.C.
20580.

SBA Form 2157B 2

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