u/Oyster88

My loan status is sba uncollectible. I still have option to make a payment.

Notice says preparing to send to Treasury.

I am in a position now that I can make a full payment to catch this loan up to current status.

My concern is it will go lost and be in some limbo, or can I just make the Jayne t as I always have and this corrects itself.

Sending email to sba as well but we all know how they take forever to respond.

Thanks for any insight.

Would taking out another business loan to help kick the can down the road and use it to pay the SBA loan and continue business operations be a wise move if you knew you could either correct the business with the funds but in the event you could not... wouldn't it be better to default on the business loan from a bank vs the SBA loan? Just a thought. Curious on others opinions.