Text of the Decline Letter
"Dear ******
In these unprecedented times, we understand the challenges you are facing. The SBA is making every effort
to support small businesses, which are the backbone of the American economy. Unfortunately, although we
made every effort to approve your loan modification request, we are unable to modify your loan for the
following reason(s):
Not Eligible: The SBA has been unable to verify the existence of an eligible business as reflected in the
application. The SBA has been unsuccessful in our attempts to obtain documentation from multiple sources
(public records) and we attempted to obtain documentation from you that would validate the existence of
your business.
If you disagree with our decision, you may request reconsideration, subject to the availability of funds. You
can submit your request to any of the following:
a. Mail your request to the address at the top of this letter.
b. Fax your request to: 202-481-5931.
c. E-mail your request to: pdcrecons@sba.gov.
Your request must:
1. Be in writing and be received by this office as soon as possible (but no later than 6 months from
the date of this letter.)
2. Contain all significant information that will overcome the decline/withdrawal reason(s).
We understand that this is a challenging time for your business and for the nation. The SBA has local
offices in your community which can refer you to resources that may be able to help you address the
underlying reason for your loan denial. For more information on these services, please go to
www.sba.gov/local-assistance to locate the email address and phone number for the nearest SBA district
office and/or SBA's resource partners. Please call or email for a virtual appointment.
If you have any questions regarding this matter, please contact us at 800-659-2955 (TTY: 1-800-877-8339).
Sincerely,
SBA Form 2157B"
