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How to Protect Your Identity After Someone Uses Your Information to Apply for an SBA Loan

By Freedom251 Team · · 3 min read

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If someone used your information to apply for an SBA loan, report the identity theft to the Federal Trade Commission (FTC) and submit the required documents directly to the U.S. Small Business Administration (SBA). An FTC report alone does not start the SBA’s review. Save any loan or collection notice, file at IdentityTheft.gov, then use the SBA’s current instructions to send your identity-theft package through the route for the loan program involved.

1. Save the evidence and file an identity-theft report

Keep copies of the loan notice, collection or payment letters, credit-report entry, suspicious messages, and any loan or application number you have. Record when and how you received each item, and keep notes of calls and messages about the case.

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File a report at IdentityTheft.gov. The FTC site creates an Identity Theft Report and a personal recovery plan. Save both. SBA accepts an Identity Theft Report filed with the FTC or local police; a police report is another option if you choose to make one.

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Filing with the FTC documents the identity theft, but it does not by itself initiate SBA’s review. You must also send the documents SBA requires.

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2. Submit the required documents to the SBA

SBA says victims must submit three documents to begin its identity-theft review: a copy of photo identification, an Identity Theft Report, and a completed, signed SBA Declaration of Identity Theft. Its Report fraud or identity theft page provides the declaration and current submission instructions.

  • Photo ID: A copy of government-issued identification, such as a driver’s license, state ID, or U.S. passport.
  • Identity Theft Report: The report you filed through IdentityTheft.gov or with local police.
  • SBA Declaration of Identity Theft: Complete and sign the form linked from SBA’s reporting page.

SBA’s page lists the Loan Portal, email, fax, and postal mail as submission options. The listed email depends on the type of SBA funding involved:

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Loan or program category Email listed by SBA
Physical or economic injury disaster loans, including COVID-19 EIDL [email protected]
504 debentures, 7(a), PPP, or Restaurant Revitalization Fund (RRF) [email protected]
Fax 202-481-5200, as listed on SBA’s reporting page

Because SBA submission details can change, confirm the current route and postal address on its reporting page before sending sensitive documents. Follow its instructions for the Loan Portal or other available channel, and keep copies of the documents and proof of submission.

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3. Protect and check your credit reports

Consider a fraud alert or a credit freeze while you address the fraudulent application. Both are free, but they work differently.

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Protection How it works How to request it
One-year fraud alert Asks businesses checking your credit report to take steps to verify your identity before opening new credit. It does not block access to your report. Contact one of the three nationwide credit bureaus; that bureau must notify the other two.
Credit freeze Restricts access to your credit report unless you lift or remove the freeze. You may need to lift it when applying for credit. Request it separately from each of the three nationwide bureaus.
Extended fraud alert Offers an identity-theft victim a seven-year alert, with an Identity Theft Report as supporting documentation. Follow the FTC’s instructions and provide the required documentation.

Review your credit reports for unfamiliar accounts and inquiries. If you find fraudulent information, the FTC explains how to request that it be blocked using an Identity Theft Report and proof of identity. Check the FTC’s Know Your Rights guidance for current instructions. Keep records of disputes and submissions; neither an SBA review nor a credit-report correction has a guaranteed outcome or timetable.

4. If the loan was PPP, contact the lender too

For a fraudulent Paycheck Protection Program (PPP) loan, contact the private lender that issued it if you know which lender was involved. Tell the lender you did not apply for or authorize the loan, dispute it as fraudulent, and ask it to address the loan and any related credit reporting. Keep a record of every contact.

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The FTC provides a sample letter to a lender about a fraudulent SBA PPP loan. Contacting the lender is an additional step; it does not replace submitting the identity-theft package to SBA.

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5. Know when to contact the SBA Office of Inspector General

The SBA Office of Inspector General (OIG) hotline handles complaints about fraud, waste, abuse, mismanagement, or misconduct involving SBA programs or employees. Use SBA’s identity-theft submission process to ask the agency to review a loan taken out in your name; an OIG tip is not a substitute for that package. For questions about a loan or identity-theft claim, use the relevant SBA service channel listed on the SBA reporting page. The OIG describes its complaint scope and contact options on its hotline page.

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Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

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