SBA OIG and DOJ Signal Escalating Enforcement of COVID-Era SBA Loans in 2026
SBA OIG and DOJ Signal Escalating Enforcement of COVID-Era SBA Loans in 2026. Learn what to expect and how Protect Law Group can help with COVID Loan Audits
Protect Law Group, a team of SBA attorneys, serves clients throughout the United States specializing in debt relief for SBA loans. When it comes to finding top-quality debt relief for your small business, you want a team that’s experienced in the nuances of SBA loans. See what sets Protect Law Group apart from other firms in the industry and contact us to get started today!
One of the key factors that make Protect Law Group different from other firms is our strong track record of success. Over the years, our SBA attorneys have helped countless individuals and small businesses overcome their SBA loan issues, negotiate with the SBA, and settle debts. With our experienced attorneys, Protect Law Group has become a go-to firm for any small business looking for SBA loan default problems or debt recovery solutions.
Another factor that sets Protect Law Group apart is our ability to resolve millions of dollars in debt for our clients. We work closely with the SBA and lenders to negotiate settlements and payment plans that are manageable for our clients. This not only helps small businesses get out of debt but also helps to improve their business!
During this evaluation, our team will review your SBA loan situation and offer paths of potential resolution. We believe that this helps clients understand their options and make informed decisions about how to proceed. Additionally, this consultation ensures that clients have a clear understanding of what to expect from the firm before engaging in our services.
Protect Law Group has a team of experienced SBA attorneys that work closely with our clients to help them overcome their SBA loan default. Whether you need help with SBA loan negotiation, SBA debt relief, or other debt recovery solutions for your small business, Protect Law Group is a reliable and trustworthy choice. We proudly serve clients throughout the United States. Contact us today to schedule a consultation and take the first step toward a brighter financial future!
Millions of Dollars in SBA Debts Resolved via Offer in Compromise and Negotiated Repayment Agreements without our Clients filing for Bankruptcy or Facing Home Foreclosure
Millions of Dollars in Treasury Debts Defended Against via AWG Hearings, Treasury Offset Program Resolution, Cross-servicing Disputes, Private Collection Agency Representation, Compromise Offers and Negotiated Repayment Agreements
Our Attorneys are Authorized by the Agency Practice Act to Represent Federal Debtors Nationwide before the SBA, The SBA Office of Hearings and Appeals, the Treasury Department, and the Bureau of Fiscal Service.
Clients' 7(a) loan was referred to Treasury's Bureau of Fiscal Service for enforced collection in 2015. They not only personally guaranteed the loan, but also pledged their primary residence as additional collateral. One of the clients filed for Chapter 7 bankruptcy thinking that it would discharge the SBA 7(a) lien encumbering their home. They later discovered that they were mistakenly advised. The Firm was subsequently hired to review their case and defend against a series of collection actions. Eventually, we were able to negotiate a structured workout for $180,000 directly with the SBA, saving them approximately $250,000 (by reducing the default interest rate and removing Treasury's substantial collection fees) and from possible foreclosure.
Our firm successfully resolved an SBA COVID-19 Economic Injury Disaster Loan (EIDL) in the original amount of $150,000 for a Florida-based borrower. The loan, issued on June 4, 2020, was secured by business assets and potential personal liability through the SBA's Security Agreement.
Following the permanent closure of the business, we guided the client through the SBA’s Business Closure Review process and prepared a comprehensive collateral analysis. We negotiated directly with the SBA, obtaining a full release of the business collateral for $2,910 — satisfying the borrower’s obligations under the Security Agreement and eliminating any further enforcement risk against the pledged assets.
Clients personally guaranteed SBA 7(a) loan balance of over $300,000. Clients also pledged their homes as additional collateral. SBA OIC accepted $87,000 with the full lien release against the home.
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