u/1234567891011twelve

I was one of the suckers who took an sba eidl loan during covid. I enjoyed a year of deferred payments, but not interest.

Something got messed up on their end and my original payments were not being applied to that loan (or any loan)

I believe I've overpaid many thousands in interest, but they deny that claim over and over.

Details:

Loan closed 6/17/2020

Loan amount $149,400

Rate 3.75

1st payment due was $728 on 6/17/21 however, I've made extra payments of $272 ($1000 a month total) starting 6/17/21.

Extra payments went to interest first.

It took until 10/24 to start touching the interest. I've emailed, called, messaged through the website and always told it's correct. Help!