2 ms·
While your bank may have screwed up, it's also possible that you were further down the list than you know. And while it sucks if your bank prioritized other peo
by bleah1000 6y ago
While your bank may have screwed up, it's also possible that you were further down the list than you know. And while it sucks if your bank prioritized other people ahead of you, it might be that they had valid reasons, even if it hurt you. Another possibility is that the larger banks were able to process applications faster and they got their loan money first so you bank just didn't have the funds for more than a few people.
Now if you want to complain, how about complaining to your congress person and asking them why the sba isn't getting more funds. Presumably, if it looks like the program will get more money, it might be worth asking your bank how far down the list you are, so you'll know if you make it in the next round. And it will suck to lay people off on Monday, but if you have a good feel for when the program will get more money, and when you might expect it, maybe you might be able to get your employees back sooner.
- deleted 6y ago[deleted]