Anyone successfully deal with collection agency after closing non PG business?
I closed my business back in 2024 and notified the SBA as such. No PG, $130k loan taken out by S-Corp. For a while I was in contact with an SBA agent and provided everything they asked for. Final return, bank statements, inventory list, etc. All communications stopped once Trump took office. I emailed and called a bunch of times for several months after that and then just gave up.
Today I received a letter addressed to the corporate name from a collection agency looking for approximately $182k for the balance due plus penalties and interest.
Has anyone successfully dealt with a collection agency with similar circumstances? Not looking to hear what "should" or "could" happen from people who have not gone through this yet. I know legally how it should play out but looking to hear any real experiences.