In these unprecedented times, we understand the challenges you are facing. The SBA is making every effort to support small businesses, which are the backbone of the American economy. Unfortunately, although we made every effort to approve your loan modification request, we are unable to modify your loan for the following reason(s): Economic injury is not substantiated. Based on the information you provided in your loan application, we have determined your economic injury is not substantiated. We made this determination for one of the following two reasons: 1. Your economic injury is less than the amount you received from the EIDL Advance. As a result, we are unable to substantiate any additional eligibility at this time. 2. The information you submitted does not indicate an economic injury. Please review the information you submitted in your application to make sure you provided us with the Gross Sales and Cost of Goods Sold (if applicable) in the last 12 months or what was reported on your most recent Federal income tax returns. If your business is a non-profit organization, please ensure you provided the cost of operation for the last 12 months. If the information you provided does not reflect the last 12 months or what is on your most recent Federal income tax returns, please follow the directions below to request reconsideration. Unverifiable Information During the loan underwriting process there were one or more items that were reviewed that caused the SBA to question the validity of certain information you submitted as part of your application. If you disagree with our decision, you may request reconsideration, subject to the availability of funds. You can submit your request to any of the following: a. Mail your request to the address at the top of this letter. b. Fax your request to: 202-481-5931. c. E-mail your request to: [email protected]. Your request must: SBA Form 2157B 1

1. Be in writing and be received by this office as soon as possible (but no later than 6 months from the date of this letter.)
2. Contain all significant information that will overcome the decline/withdrawal reason(s). We understand that this is a challenging time for your business and for the nation. The SBA has local offices in your community which can refer you to resources that may be able to help you address the underlying reason for your loan denial. For more information on these services, please go to www.sba.gov/local-assistance to locate the email address and phone number for the nearest SBA district office and/or SBA's resource partners. Please call or email for a virtual appointment. If you have any questions regarding this matter, please contact us at 800-659-2955 (TTY: 1-800-877-8339).