Unfortunately only a handful of states have been certified to this point. The key is having the merchant create the account online, and then when it goes to the next step they need to see if their state is certified. Once certified, they need to begin the application immediately to get into the queue, but make sure the application is completed perfectly, because if done incorrectly they will have to resubmit app — which will start them at the beginning losing their spot.

These loans aren’t handled by banks, but by SBA loan officers themselves. And they have limited manpower which will be quickly overwhelmed. So what is supposed to be a 3 week process could turn out being 6 weeks if they aren’t at the front of the line.