Well, my brother works for the SBA, and he has told me a lot of stories about it. Mainly, they are woefully understaffed. Despite this, the "higher ups" keep demanding more and more from them. This causes a lot of turnover which results in files being shifted around and more delays.I'm not sure, but I wanted to say this:
SBA Loan : allsome!
SBA people you have to deal with to get said SBA loan : allsomely inept!!
Sounds like we had similar experiences.. I worked with my first case manager for a few months, knew his extension and name by heart, and was devastated when he told me he was getting moved to another group.. Then I had to re-fax almost all of the information I had already sent them to my new case manager.. And had to continually explain, like you, that I wasn't planning on restoring my property, but buying new property with it.. Luckily I had already sold the old property before I closed on the loan and didn't have to deal with that much, other than constantly having to re-explain to them that fact..Yeah, our case had probably 5 different case managers, and every time we got a new one it was just like starting all over again (I can't tell you the number of times we had to re-tell them that we were not planning on restoring the destroyed property). We finally got one guy who stayed with our case and saw it through (Andy Edmonson, I'll always remember his name) and got our check about 1 year and 4 months after we started the process.
Course then we sold the old property/land and had to deal with them all over again...
Yeah Sandman, the people there would tell us about the turnover -- people would leave or be moved to different divisions after only a couple months. I about cried when I tried to call Andy Edmonson back during the selling portion and he had gone on to another position.