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re: Was the uproar over PPP loans another case of fake news?

Posted on 5/6/20 at 3:26 pm to
Posted by Bruco
Charlotte, NC
Member since Aug 2016
3017 posts
Posted on 5/6/20 at 3:26 pm to
quote:

Related to what I posted above, a lot of banks at first were taking apps and just submitting them. Then they started to get kicked back because they did not do a verification and because of the little silly things mentioned above.


Yep. Date of incorporation was a massive issue as one version of the app was missing that question while the etran system required that detail so those apps got rejected in some of the first batches
This post was edited on 5/6/20 at 3:28 pm
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