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Where to apply for PPP loan?
Posted on 8/5/20 at 1:15 pm
Posted on 8/5/20 at 1:15 pm
I own a small AC company with my BIL. We have no employees. To my knowledge as an LLC we still should be eligible for 2.5x our monthly income from 2019 tax returns. When I filled out the application with Chase bank, who our business banking account is with, we were not approved due to not having any W-2 employees
7
Posted on 8/5/20 at 1:16 pm to TJP
Little behind on this broseph. Not sure if there money left.
Posted on 8/5/20 at 1:17 pm to TJP
quote:
When I filled out the application with Chase bank, who our business banking account is with, we were not approved due to not having any W-2 employees
No help, but lets be real, you werent approved with Chase because chase fricked everybody that applied.
Posted on 8/5/20 at 1:17 pm to TJP
Your bank, I just applied with mine and they are funding me.
Posted on 8/5/20 at 1:20 pm to TJP
Few banks are still processing the loans. That is a big reason why there is still money left in the program.
Are you in louisiana?
Are you in louisiana?
Posted on 8/5/20 at 3:06 pm to TJP
Apply with a local bank. Open a relationship with the bank, if needed.
Posted on 8/5/20 at 11:19 pm to BallsEleven
Yes in Louisiana. I will try a local New Orleans bank my mortgage is through.
Posted on 8/6/20 at 8:12 am to TJP
Do you use Quickbooks?
I get emails daily saying PPP money is available & they can process
After Chase ignored us we went to a local bank
Got money 2 days after we turned in paperwork
I get emails daily saying PPP money is available & they can process
After Chase ignored us we went to a local bank
Got money 2 days after we turned in paperwork
Posted on 8/6/20 at 9:20 am to TJP
We used Kabbage.com and got the confirmation 2 days later.
Posted on 8/6/20 at 9:34 am to TJP
I think Iberia Bank is still processing.
Posted on 8/6/20 at 9:35 am to TJP
quote:You better get moving. I think 8/8 is the deadline.
Yes in Louisiana. I will try a local New Orleans bank my mortgage is through.
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