In other words, this shouldn’t be used to gauge whether or not your loan was approved or will soon be funded. Will move account to small community bank.Your application has been approved by the SBAUnfortunately, you are in good company.
It is not the vendor or bank advertiser's responsibility to ensure all posts and/or questions are answered.I totally understand. I have seen no mention of this anywhere.We have been BOA customers for years. Here is the kicker of all, there is no way to contact Chase to find out what they based this inconsistency on, no address, no email address, nothing…only a message ” do not contact customer service, they have no knowledge of these loans”. so I don’t know how you got that information.I first applied with BofA on 4/3, uploaded docs on 4/7, then nothing for weeks. But it doesn’t excuse some blatant and grotesque approvals of loans to filthy-rich businesses.
That is ridiculous!hello, we also signed on sunday but didn’t get it yet. PayPal Holdings: Also approved by the SBA as a nonbank lender, PayPal is now accepting applications for PPP loans from PayPal merchants. 1) The ppp loan application does not have a business industry choice called "independent contractor", so the op cant enter "independent contractor" here..
I do not know which bank approved the loan, so I sent an email to the SBA to find out which bank and the SBA loan number, but haven’t heard anything. As an essential healthcare business, we’ve remained open and have been providing care to our critical need patients and many front-line responders in the COVID-19 crisis. The bank is unable to tell me anything other than that they are working as hard as possible.
have you received it?The information you’ll need to check the status of your PPP loan application will depend on how you applied for the loan in the first place.
But many applicants have reported their credit has been checked for PPP loans or even that they were denied based on their credit. (We have a lending and consistent relationship with both) . As part of the national effort to combat the devastating economic effects of the COVID-19 pandemic, the CARES Act was signed into law on March 26, 2020. Your session has expired.
( they were spot on). I really wish that the SBA would not reject an application until the applicant is actually funded.I applied through Lendio.com and received an email today saying I was either missing documents or did not complete my application, but when I log in to Lendio, I get this message that I am copying and pastingHey Dave, I was approved yesterday for the PPP but still no email almost 48 hours after being approved (the bank let me know I was approved) how long did it take you to find out you were approved by email?
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