The Active Un-disbursed status means you were approved for the PPP loan, have signed your contracts, and are waiting for your funds to be dispursed.

What does loan status active UN-disbursed mean?

SBA's answer: Active Undisbursed means that the lender has not disbursed funds to the borrower. The lender may decide not to proceed with the loan after an SBA loan number was issued. They would then cancel the loan in the SBA system. Since it is undisbursed, the funds are still pending to be released.

What does UN-disbursed mean?

Funds committed by the creditor but not yet utilized by the borrower.