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Updated almost 5 years ago on . Most recent reply

User Stats

9
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Alexander Gill
1
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9
Posts

Real Estate Broker PPP Application

Alexander Gill
Posted

Any real estate agents or brokers had issues with a PPP lender denying their application due to SBA restrictions on the NAICS code? My lender is trying to say I do not qualify based on code 531210?

I do not read this restriction in any of the guidance produced by SBA and Treasury, and it also runs counter to NAR guidance as well. Just wondering if others have encountered this?

Thanks in advance.

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