Keyword Analysis & Research: smartbiz loans status


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Frequently Asked Questions

Are there any complaints about smartbiz loans?

SmartBiz Loans came to BBB's attention in May 2016. A review of the company’s complaints was done in April 2021. Complaints on file state delays in getting updates on PPP loan applications. Complaints also state not being able to reach customer service by phone … Want a quote from this business?

What is smartbiz and how does it work?

SmartBiz is headquartered in San Francisco. The company was founded in 2008 to help businesses secure small business loans. SBA loans: SmartBiz structures their website and application process to simplify the process of applying for an SBA 7 (a) guaranteed loan.

Is smartbiz still taking applications for 2nd round PPP loans?

I would have used my bank, Prosperity, but the SBA was already declining loans by them. It seemed SmartBiz Loans was one of the few places left that was still taking applications and still had the ability to get 2nd round PPP loans approved by the SBA.

Can I get a second smartbiz SBA loan?

Yes, many customers get a second SmartBiz SBA loan as their business grows and needs additional capital. If you receive approval for more than one SBA loan within 90 days of each other, the loans will be treated as if they were one loan for purposes of determining the amount of the SBA guarantee fees, if any.

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