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re: SBA and PPP

Posted on 4/3/20 at 10:38 am to
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 4/3/20 at 10:38 am to
quote:

It pays in times like these to already be banking with institutions that have their shite together.



mine is a small community bank that we've been banking with for 40 years and have a really good relationship...I hope I dont get fricked
Posted by Pendulum
Member since Jan 2009
7068 posts
Posted on 4/3/20 at 12:19 pm to
We are banking with JPM for loooong time and our banker has been prepping us for a couple of days. Our CFO has been in a locked office since 9am with everything ready. It's live as of 18 minutes ago. I hope it's going well in there!

We have been paying everyone still based on an average of their previous checks. Haven't announced anything for next week yet, so we really need this to come through or else we are going to have to start thinking about layoffs.
This post was edited on 4/3/20 at 12:22 pm
Posted by BamaAlum02
Huntsville, AL
Member since Nov 2005
1016 posts
Posted on 4/3/20 at 1:21 pm to
quote:

mine is a small community bank that we've been banking with for 40 years and have a really good relationship...I hope I dont get fricked


In my experience those are the ones who are most to together and willing to help right now.
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