Hi, like many of you received a notice from SBA last month that my loan was defaulted and had been turned over to the United States treasury. 

The amount the owed did not reflect many payments I had made to SBA and it added a $5000 penalty on top of it.

The interest on those penalties was growing literally daily so I paid it. I didn’t know what else to do to stop myself from drowning in daily growing debt. I can’t get anyone from SBA on the phone.

Today I received an email from SBA that the original notice saying I am defaulted on my loan was an error on their part. 

The treasury has not reported my payment to SBA, as the portal still shows that the loan is unpaid and uncollectible.

I stopped my reoccurring payments last month when I received the default notice because I saw my payments they weren’t being reflected in my balance, and because the loan wasn’t any longer being serviced by SBA.

I wasn’t able to get anybody on the phone from the treasury today and of course SBA no longer has real people for you to speak to.

I contacted my representative today and also filled out a request for a refund on the Department of treasury website.

If anybody has any other ideas, I would love to hear them!

Received an email that I was put in default in error, already paid treasury