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Government Contracts

Loan Agreement


Asked on Jul 29, 2021

I signed a Promissory Note for $11,200 months ago and have not received the funds, what can I do?

I was approved for and signed Promissory Note with Creditbench/First Home Bank for an $11,200 PPP loan in May, 2021 & am Currently listed with the SBA as owing said $11,200 stating 'Disbursed Current', but I have Not been funded months later

1 Attorney answer


Government Contracts


Answered 361 days ago

Donya G.

ContractsCounsel verified

Business Lawyer
Licensed in Connecticut, New York
Free Consultation

My advise is to continue to contact the bank and ask about the funds; try to speak with someone with authority like a manager or supervisor. From my personal dealings with PPP loans and the response time to get an answer, I understand there can be delays but this is a long time and they are listing the funds as disbursed so there is an issue somewhere. Also, get an email address where you can submit an inquiry regarding the funds. If you need additional help, you can reach out to me on the platform. All the best, Donya Gordon

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