PPP was designed to be an intentionally untargeted program with limited safeguards in place so as to prioritize reaching those in need as quickly as possible. Given the severity of the threat posed by COVID-19, the government sought to create a program that focused on speed and access. Please see SBA Procedural Notice 5000-20077and Interim Final Rule on Appeals of SBA Loan Review Decisions under the PPPto understand the appeal petition process.PPP was a cornerstone program of the CARES Act, intended to help employers keep their employees on their payroll by covering up to two months of their payroll expenses with a loan that could be completely forgiven if it was spent in accordance with the program’s guidelines. Note: the decision whether to review a loan and issue one of the above decisions is at the sole discretion of the SBA.
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is ineligible for PPP loan forgiveness in the amount determined by the lender in its full or partial approval decision issued to SBA (except for the deduction of any Economic Injury Disaster Loan advance in accordance with section 1110(e)(6) of the CARES Act) and/or.was ineligible for the PPP loan amount received or used the PPP loan proceeds for unauthorized uses.Q: In what circumstances may I submit an appeal to the SBA Office of Hearings and Appeals?Ī: You may have the right to appeal the SBA’s forgiveness decision after the SBA has independently undertaken an official loan review and issued one of the following official written decisions: You may (in certain circumstances) appeal to the SBA Office of Hearings and Appeals. HOW do I submit for a loan review request?Īfter logging into PNC’s PPP Loan Forgiveness portal at, you will see a link within the application timeline section that states “if you would like to request an SBA loan review, click here.” if your loan is eligible to request an SBA review of PNC’s partial decision. You can submit your request through PNC’s PPP Loan Forgiveness portal at within 30 days of the date on the notice provided to you from PNC, advising you of the SBA’s loan forgiveness decision. WHERE can I submit for a loan review request? If you wish to request an SBA review of PNC’s partial forgiveness decision, and have received notice from PNC advising you of the SBA’s final loan forgiveness decision, you can do so after February 28, 2022. WHEN can I submit for a loan review request? Q: If I have applied for forgiveness and PNC approves partial forgiveness, can I submit a request to the SBA to review PNC’s decision?
PNC has established a process to facilitate these requests. The SBA released a procedural notice on January 27th, 2022 which allows borrowers who (i) received a partial approval decision from their Lender or (ii) were required by their Lender to apply for forgiveness in an amount less than the full amount of the PPP loan, to request, through their Lender, an SBA loan review of the lender’s partial approval decision. If you have submitted a reconsideration review request and would like to know the status of your request, you can review the status of your request by logging into the PNC’s PPP Loan Forgiveness Portal at.We will also notify you when the SBA renders a decision of your request. We will contact you to facilitate the collection of those documents. When the SBA decides to review the request, additional documents may be needed. If you previously submitted a reconsideration review request of PNC’s partial loan forgiveness decision through PNC’s PPP Loan Forgiveness portal at, PNC will submit your request to the SBA. The SBA implemented a process on July 27, 2022, for PPP lenders to submit a reconsideration review request for PPP loan borrowers that received a partial loan forgiveness decision.You will have 30 days from receipt of that notice to request an SBA review through PNC.
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When an SBA decision is issued, if the SBA approves loan forgiveness in an amount less than your full PPP loan amount (and has not unilaterally selected the PPP loan for review), you will receive instructions on how to request an SBA review of the lender’s partial approval decision.If you have not yet applied for forgiveness, please do so at your earliest convenience. In order to be eligible for this review process, an SBA forgiveness decision must have been issued.The SBA released a procedural notice on January 27th, 2022 which allows borrowers who (i) received a partial approval decision from their Lender or (ii) were required by their Lender to apply for forgiveness in an amount less than the full amount of the PPP loan, to request, through their Lender, an SBA loan review of the lender’s partial approval decision.
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