FAQ's SBDC Questions and Answers Finance Loans How long is the typical approval process for the loans? Answered 1 year ago SBA’s goal is to arrive at a decision on an application within 2-3 weeks. All FAQs Questions in this Section How can I get my PPP loan forgiven? Can I apply for a loan with the SBDC? How long is the typical approval process for the loans? How do put together and business plan and projections for my loan request? My lender says they need it ASAP.