Yes, what you're describing is incredibly common. What we're hearing is that small community banks were most successful at actually getting this money into the

Yes, what you're describing is incredibly common. What we're hearing is that small community banks were most successful at actually getting this money into the hands of businesses, whereas the large banks were fairly slow. (And many startup-specific banks were just completely unprepared for it.) My advice is: continue to work with your lender to get your application squared away so that it's fully ready to be submitted to the SBA as soon as additional funds are allocated (since I can't imagine that those will last long either.) (In the interest of full disclosure, I'm Pilot's CEO. We don't do anything with PPP loans directly but it's an area of significant interest to our customer base, so we've been following it closely and have been pretty regularly releasing updates like this one from yesterday: https://pilot.com/blog/the-ppp-has-run-out-of-money-now-what/ https://pilot.com/blog/the-ppp-has-run-out-of-money-now-what...)