Original application submitted with Kabbage Lending through Resource Bank. No info received back, only correspondence was to supply DL info in addition to original documents, submitted, on April 3 and April 10. Fast forward to today, still no updates, whether declined, pending, additional doc's needed, nothing.

Should we apply with a new lender today, will it mess up our original application, will it screw the whole process?

4 ...

Report Post

Posted by doya2

Charenton

Member since Jan 2005

7935 posts

Posted on 4/21/20 at 2:41 pm to jmon

No. Stay the course.

1 ...

Report Post

Posted by Statestreet

Gueydan

Member since Sep 2008

12986 posts

Posted on 4/21/20 at 2:41 pm to jmon

I'm battling with the same thing as Hancock Whitney screwed up a large number of applications. I do not think mine ever made it out of the ClusterF of Hancock's headquarters. I have left my application with Hancock alone for now and I am trying to go through Iberia. I'm curious if that can be an issue to have them both in position to be accepted.

1 ...

Report Post

Posted by tigernnola

NOLA

Member since Sep 2016

3589 posts

Posted on 4/21/20 at 7:54 pm to jmon

With the pending additional funding, apply with an SBA approved community bank or CU. $60B of the $310B addition is dedicated to them. Especially of you do not have an SBA app number.

0 ...

Report Post

Posted by JohnWicksDawg

Member since Mar 2018

358 posts

Posted on 4/21/20 at 10:37 pm to jmon

quote:

Should we apply with a new lender today, will it mess up our original application, will it screw the whole process?

Yes, apply.

No, it won't screw up the process (sounds like it's dead in the water anyway).

Neighbors Federal CU in BR got a lot of good reviews in an earlier thread. Wouldn't seem like having a Mandeville address would be a problem.

0 ...

Report Post

Money Talk - Replies to Post

Return To Board

Page 1

Return To Board