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Started By
Message
re: The SBA System Has Ceased Taking Applications for PPP
Posted on 4/16/20 at 4:01 pm to TenLittleIndians
Posted on 4/16/20 at 4:01 pm to TenLittleIndians
quote:
Part of an email I got from my Relationship Manager at Chase on Monday...
"Our leadership has been emphatic that we will not run out of funding. I find comfort in that and I hope you can to."
Guess who didn't get funded?
Follow up.. Just had my credit pulled by "US SM BUS ADMIN ODA" but no approval email from Chase. Surely they wouldn't pull my credit and not approve me?
I also have a separate EIDL application outstanding so maybe it's for that?
This post was edited on 4/16/20 at 4:03 pm
1
Posted on 4/16/20 at 4:03 pm to TenLittleIndians
That credit pull is for an EIDL loan/grant. It’s not for a PPP loan. Chase has nothing to do with the SBA credit pull.
Posted on 4/16/20 at 4:06 pm to VABuckeye
Damn it. Thanks for the heads up. Still a positive note but not as positive as I had hoped.
Posted on 4/16/20 at 4:13 pm to TenLittleIndians
Can confirm VABuckeye's comment.
You are at least " in the SBA queue"! that is better than most right now.
You are at least " in the SBA queue"! that is better than most right now.
Posted on 4/16/20 at 4:15 pm to shawnlsu
Have we learned a lot about this process or what in two weeks? I’m almost back at the point where my main focus can actually be doing business again.
Posted on 4/16/20 at 4:18 pm to shawnlsu
There have been some issues with docusign that they are trying to work through now. We ran apps until the money ran out today. If you have an SBA # you will get funded. May be regular bank loan docs if they can't get the errors in docusign corrected.
Posted on 4/16/20 at 4:19 pm to nolabnkr
quote:
nolabnkr
Thank you for your hard work my WOman!
Got my SBA loan # today.
HW app # 640
This post was edited on 4/16/20 at 4:28 pm
Posted on 4/16/20 at 4:24 pm to VABuckeye
quote:
Have we learned a lot about this process or what in two weeks? I’m almost back at the point where my main focus can actually be doing business again.
Its been an experience for sure.
Yeah, after seeing that loan #, I started contacting my client to see when they are going to let us inside the schools. I'm ready to get back to it now that I focused on that for 2 weeks and I have more employees waiting for a start date.
I'm about to shut it down, bring a gift card to my banker and go home and open a fresh bottle of bourbon.
This post was edited on 4/16/20 at 4:25 pm
Posted on 4/16/20 at 4:24 pm to shawnlsu
Awesome!Glad to hear it was done. But man everyone assumes bankers are men 
Posted on 4/16/20 at 4:26 pm to nolabnkr
quote:
Awesome!Glad to hear it was done. But man everyone assumes bankers are men
Posted on 4/16/20 at 4:26 pm to nolabnkr
Anyway, I saw you posting at 1am and it seemed you were still working.
Thank you, that may have been the difference in my loan getting done and not.
Thank you, that may have been the difference in my loan getting done and not.
This post was edited on 4/16/20 at 4:27 pm
Posted on 4/16/20 at 4:30 pm to shawnlsu
We are glad we have been able to help and we hate that everyone was not able to get funded. Hoping the approval goes in for more, we have all that were left queued up and ready to go.
Posted on 4/16/20 at 4:30 pm to shawnlsu
I just poured a stiff Tito's and lemonade. It's not warm but I'm ready for summer drinks.
Posted on 4/16/20 at 4:31 pm to nolabnkr
You've been a great asset to these threads. Thank you.
Posted on 4/16/20 at 4:35 pm to nolabnkr
quote:
Hoping the approval goes in for more
Pelosi too busy doing videos with some late night host in her kitchen with $50,000 sub zero fridge while talking about the plight of Americans.
I’ve resigned myself to not getting it for wife’s business. Just hoping my employer got it and we’re able to have enough revenue to keep me employed.
Posted on 4/16/20 at 5:59 pm to nolabnkr
Can you say what bank you're with ?
Posted on 4/16/20 at 6:12 pm to VABuckeye
quote:
stiff Tito's and lemonade
I'm on Basil Haydens and sprite #2.
Watching MY POTUS reopen the country!
This post was edited on 4/16/20 at 6:28 pm
Posted on 4/16/20 at 6:16 pm to shawnlsu
Same brother!
Man, I feel like I've truly connected with my fellow Americans and that is a very good thing.
ETA; My boy.
Man, I feel like I've truly connected with my fellow Americans and that is a very good thing.
ETA; My boy.
This post was edited on 4/16/20 at 6:18 pm
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