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INDUSTRY NEWS<br />
How to pay back the SBA<br />
The new MySBA Loan Portal, found<br />
at https://lending.sba.gov replaces the<br />
Capital Access Financial System (CAFS).<br />
If you have one of the loans listed below,<br />
you will be able to log in to view loan details,<br />
access statements, and make payments,<br />
according to the small business<br />
administration.<br />
• COVID-19 EIDL<br />
• SBA disaster loans<br />
• Paycheck Protection Program (PPP)<br />
loans (payments only available for<br />
guaranty-purchased loans)<br />
• 7(a) loans (payments only available<br />
for guaranty-purchased SBAserviced<br />
loans)<br />
• 504 loans (only debenturepurchased)<br />
If your type of loan is not listed, the<br />
information on this page does not apply.<br />
Please contact your lending institution for<br />
assistance. If you need more help, you<br />
may contact the SBA loan servicing center<br />
listed on your account statement.<br />
Logging in<br />
If you have an account to access either<br />
of these systems, you can use your existing<br />
username and password to log in to the<br />
MySBA Loan Portal:<br />
• Capital Access Financial System<br />
(CAFS)<br />
• Veteran Small Business Certification<br />
(VetCert)<br />
Please note, the COVID-19 EIDL application<br />
portal (also known as the "RAP-<br />
ID portal") is closed. Your RAPID portal<br />
username and password cannot be used<br />
to log in to the MySBA Loan Portal.<br />
Registration<br />
If you don't have an account in either<br />
CAFS or VetCert, you will need to register for<br />
a new account in the MySBA Loan Portal.<br />
Find your loan number<br />
If you have an existing MySBA Loan<br />
Portal account, you can find your loan<br />
number by logging in.<br />
If you have not created an account, you<br />
can find your loan number on the top left<br />
corner of the Note and the Loan Authorization<br />
and Agreement. It is NOT the<br />
same as your application number.<br />
If you need assistance finding your loan<br />
number:<br />
• For COVID-19 EIDL, contact the<br />
SBA COVID-19 EIDL Customer<br />
Service Center at 833-853-5638.<br />
• For Disaster loans, contact the SBA<br />
Disaster Assistance Customer Service<br />
Center at 800-659-2955 or email<br />
disastercustomerservice@sba.gov.<br />
• For PPP, 7(a), and 504 loans,<br />
contact the SBA loan servicing<br />
center handling your loan.<br />
View loan statements and<br />
payment due dates<br />
You can check loan balances and payment<br />
due dates by logging in to the MyS-<br />
BA Loan Portal.<br />
COVID-19 EIDL borrowers:<br />
• Your first payment is due 30 months<br />
from the date of the original Note,<br />
which can be found in your original<br />
loan closing documents.<br />
• Monthly email reminders will be sent<br />
but you must log into the MySBA<br />
Loan Portal to view your payment<br />
due date and amount.<br />
Make payments<br />
There are several options to make a<br />
payment to SBA. Borrowers with the following<br />
loan types can make payments online<br />
through the MySBA Loan Portal. All<br />
others should contact their lender directly<br />
for payment information.<br />
Monthly Drawing!<br />
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Win $100 Kleen-Rite supplies, single color kit from Dr. Colorchip, PRO Products ® starter kit,<br />
Dynabrade accessories, Glassparency cleaners, Detailed Image gift card, and more!<br />
WINNERS (PHOTOS) WILL BE FEATURED IN OUR SEPTEMBER ISSUE!<br />
14 | AUTO DETAILING NEWS | VOL. 8, NO. 2 • SUMMER <strong>2023</strong>
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