Create an account in the MySBA Loan Portal (lending.sba. Gov) to monitor your loan status or to make payments.Assumption of Loan Requirement Letter for disaster loan servicing action request packages. About this document and download. Yes, you can sell a business with an SBA loan, but not without taking certain important measures. The most crucial measure is obtaining lender approval. All lenders and CDCs should be cognizant of the loan program requirements for the assumption, assignment, and sale of SBA loans. A business may qualify for both an EIDL and a physical disaster loan. The most common misunderstanding about an SBA loan is the assumption that. SBA disaster loans are only for businesses.