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When is trump signing the PPP 2nd Allocation?
Posted on 4/23/20 at 6:35 pm
Posted on 4/23/20 at 6:35 pm
Saw the house passed the new funds, when is trump going to sign, and SBA start processing again?
2
Posted on 4/23/20 at 7:23 pm to Catchfalaya
Very interested in the proposed timeline of this as well? When do the banks start submitting again?
Posted on 4/23/20 at 8:01 pm to Catchfalaya
Last I looked a few hours ago they said he planned on signing it tonight.
Posted on 4/23/20 at 8:02 pm to Tigerpaw123
We haven’t been notified yet. I have direct access to etran and keep checking it every 10-15 minutes but nothing as of 9 eastern.
Posted on 4/23/20 at 8:23 pm to Im4datigers
So if he signs it tonight, they start processing immediately after???
Posted on 4/23/20 at 8:38 pm to Im4datigers
Regions bank better push my app through or else I’m done with them. Last status update I got was as soon as SBA receives additional funding your app will be sent for authorization.
Posted on 4/23/20 at 8:49 pm to Tigerpaw123
Hopefully he “officially” signs it during banking hours tomorrow.
Then it’s off to the races this weekend.
Once again, advantage to the small banks.
Then it’s off to the races this weekend.
Once again, advantage to the small banks.
Posted on 4/23/20 at 10:22 pm to Tigerpaw123
I legitimately read this as “when do banks start stumbling again”. True story. But having said that I also am very interested to see when they start submitting and or stumbling again.
Posted on 4/24/20 at 6:19 am to GravelLotinCanada
Trump will have signing ceremony today, no time given
LINK
Not sure what that means as far as processing applications timeframe
LINK
quote:
WASHINGTON (AP) — President Donald Trump will be holding a signing ceremony Friday for a bill providing a nearly $500 billion infusion of coronavirus spending, rushing new relief to employers and hospitals buckling under the strain of a pandemic that has claimed almost 50,000 American lives and one in six U.S. jobs.
Not sure what that means as far as processing applications timeframe
Posted on 4/24/20 at 11:46 am to Tigerpaw123
Bill has been signed.... what is the timeline here forward????
Posted on 4/24/20 at 11:47 am to Tigerpaw123
I'm hoping this happening on a Friday doesn't cause problems.
Posted on 4/24/20 at 11:51 am to medtiger
Me too, I am betting they won’t open applications up till Monday morning, but who knows?
Posted on 4/24/20 at 12:23 pm to Tigerpaw123
It's signed.
Word is that E-Tran won't open back up until Monday.
Word is that E-Tran won't open back up until Monday.
Posted on 4/24/20 at 1:52 pm to VABuckeye
quote:
Word is that E-Tran won't open back up until Monday.
Lender just told me the same. They’re ready to go with our app Monday morning.
Posted on 4/24/20 at 2:32 pm to Tigerpaw123
quote:
When do the banks start submitting again?
Capital One will be ready to go by Labor Day.
Posted on 4/24/20 at 2:33 pm to Golfer
Well hopefully SBA will feed and rest the hamsters up over the weekend because Monday is going to be wild
Posted on 4/24/20 at 2:41 pm to Tigerpaw123
quote:
Meanwhile, a Trump administration official told Fox News on Friday that the Small Business Administration could begin taking loan applications again next week through the Paycheck Protection Program for small businesses slammed by the coronavirus-related economic freeze. The SBA could begin taking these applications as early as Monday, Fox News has learned.
Posted on 4/24/20 at 3:29 pm to Tigerpaw123
9:30 central monday
Posted on 4/24/20 at 4:16 pm to Brummy
quote:
Capital One will be ready to go by Labor Day
This post was edited on 4/24/20 at 4:17 pm
Posted on 4/24/20 at 6:34 pm to Hermit Crab
You are correct Monday, 9:30 central.
And Etran will have its first crash by 9:34 central
And Etran will have its first crash by 9:34 central
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