IRS Denies Concord Cafe’s Loan Application, WCNC Gets Them $ 7,000

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WCNC Charlotte helped the small business raise its $ 7,000. In the meantime, the SBA now has a new way for business owners to appeal denials.

CONCORD, NC – IRS confusion nearly cost a popular small business thousands of dollars in much-needed COVID-11 relief.

The Small business management initially denied downtown Concord Press and Porter‘$ 7,000 in early April when they applied for a Advance for targeted economic damage.

“They basically said the IRS reported we weren’t a business until 2020,” co-owner Emily Cordero said. “I was like, ‘There’s no way that’s true.'”

His denial letter from the SBA shows that the IRS “did not report any records found for filing a 2019 tax return” for the business owned by Cordero and his sister since 2019.

“It was pretty overwhelming to hear the news that we weren’t going to get it,” Cordero said. “We have put so many things on the back burner that we really need.”

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Cordero quickly obtained proof that they had paid their taxes, but she said the federal government told her she could not appeal the decision.

“Basically, they just said, ‘There’s nothing you can do about it,’” Cordero said disappointedly. “There really isn’t anyone to call, ask or get help.”

Desperate, she turned to WCNC Charlotte for help, fearing the SBA had wrongly denied the others as well.

“It was kind of like our last hope to catch up and catch our breath,” Cordero said. “I think there are a lot of people like me who have these mistakes.”

WCNC Charlotte always asks “where’s the money?” If you need help, contact the Defenders team by sending an email to [email protected]

A few weeks ago, WCNC Charlotte interviewed Small Business Administration Acting District Director of North Carolina Michael Arriola. At the time, he assured WCNC Charlotte that the agency was working in good faith to help businesses in need. WCNC Charlotte therefore asked him to get involved in Cardero’s case.

Within days, Cordero went from desperate to hopeful.

“On Wednesday my sister called me at 7 am screaming, crying,” she said with a smile. “I think my sister and I were both shocked, for the first time, and ecstatic.”

Cordero said the SBA did not explain the error but deposited $ 7,000.

“Honestly, after seeing the money was there, I didn’t really care if there was an explanation,” she said. “I feel so lucky as a small business to still be here during the pandemic and also just to be able to receive this relief from the SBA. We just can’t explain how grateful and grateful we are.”

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SBA public affairs specialist Karen Knapik told WCNC Charlotte she wouldn’t call it a mistake. Instead, she said the SBA relies on other agencies to share all available information and, in this case, the IRS is working with a large backlog.

Having said that, she explained exactly how people can appeal denial decisions.

Targeted EIDL Advanced Program Appeal Process

Business owners like Cordero, who have requested a targeted EIDL advance, can email the SBA at [email protected]

The subject line of the email should read “Request for reassessment for (insert your 10-digit application number) “

In the body of the email, be sure to include the request identification information, including the request number, company name, company address, name (s) of business owner and phone number.

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Equally important, you should include an explanation and any documentation (if available) which deals with the reason for the refusal.

Individuals who email this address will receive an automatic response confirmation email and the SBA will contact them if additional documents are required for the agency review.

Appeal process for economic disaster loans (EIDL)

Business owners who have applied for the EIDL can email the SBA at [email protected]

The email should include the person’s 10-digit request number, company name, company address, company owner name (s) and number phone number and any additional information for review.

Cordero is hoping other SBA denials can get a second look as well.

“For a small business and a new small business, it is almost life changing,” she said of the $ 7,000 they received. “It’s incredible.”

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Cordero said she was grateful to WCNC Charlotte for taking the time to listen to her plight.

“Honestly, I feel like this wouldn’t have happened without your help,” she said. “The fact that you took the time to get to know us and our company and realize that you could be the stepping stone between us and a life-changing amount of money and the company, has been such relief to have someone who finally wanted to help us and took the time to take care of helping us. That’s what saved us and made it all happen so fast. “

Contact Nate Morabito at [email protected] and follow him on Facebook, Twitter and Instagram.



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