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re: Small Business Resource Thread COVID-19
Posted on 3/31/20 at 10:50 am to tgrbaitn08
Posted on 3/31/20 at 10:50 am to tgrbaitn08
What I’m trying to figure out is do I have to do the PPP loan through a bank or can I do it online? It will only be around $30,000 if that matters but don’t think it will.
My business bank is a large bank and my concern is I’m a small fish and They’ll be busier with bigger ones for awhile. If I can do it on my own why wait?
Eta: but it appears the only thing you can do online is the quick money?
I’m fine cash wise, but just for my knowledge let’s say I get my loan processed next week when are funds supposed to be available?
My business bank is a large bank and my concern is I’m a small fish and They’ll be busier with bigger ones for awhile. If I can do it on my own why wait?
Eta: but it appears the only thing you can do online is the quick money?
I’m fine cash wise, but just for my knowledge let’s say I get my loan processed next week when are funds supposed to be available?
This post was edited on 3/31/20 at 10:52 am
2
Posted on 3/31/20 at 11:05 am to baldona
PPP loan is only through a bank.
ETA: Who else expects this to be a giant clusterfrick?
ETA: Who else expects this to be a giant clusterfrick?
This post was edited on 3/31/20 at 11:06 am
Posted on 3/31/20 at 11:06 am to baldona
quote:
but it appears the only thing you can do online is the quick money?
I’m fine cash wise, but just for my knowledge let’s say I get my loan processed next week when are funds supposed to be available?
I just did the quick online application...took me 20 minutes. I opted for the $10k advance.
I'm still waiting for my banker to call me back....it's a small town community bank and he's getting slammed right now...at least I'm in the system and have an application number
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