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re: PPP running out of Money?

Posted on 4/16/20 at 1:02 am to
Posted by nolabnkr
La
Member since Apr 2020
17 posts
Posted on 4/16/20 at 1:02 am to
Not the case yet, we are still processing and getting SBA numbers as we speak
Posted by GravelLotinCanada
Anywhere, Anytime
Member since Dec 2019
265 posts
Posted on 4/16/20 at 4:02 am to
Are you able to take any more applications? If so I can send over my info I’m tired of waiting on GCB&T.
Posted by shawnlsu
Member since Nov 2011
23682 posts
Posted on 4/16/20 at 7:26 am to
quote:

nolabnkr

Thanks for your countless hours during this.
For those of us that have kept up with it daily for the last few weeks, we are well aware of how many changes they threw at y'all.
Posted by salty1
Member since Jun 2015
4433 posts
Posted on 4/16/20 at 11:41 am to
My shop processed over 1,500 applications in 14 days. We still have about 400 that we weren’t able to process through ETRAN. Looks like the financial institutions we serve are still taking apps in anticipation of additional funding.

It has been all hands on deck, 16 hour days, 7 days a week since 03/20 getting ready for this and processing. My guys are spent. Now we’re trying to catch up on docs while we have a little breathing room.

I’m so freaking sick of looking at ETran.

These last couple of days, we’ve been able to get over 200 per day through authorization. Pretty damn proud of my staff!
This post was edited on 4/16/20 at 11:46 am
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