Posting anonymously for a practice:
I want to share my experience regarding PPP loan application
I used a local community bank as soon as the program was available but they failed to push my file to sba
I applied through my bank CHASE. They gave me an application received e mail with a reference number. Nothing came out of it
Out of desperation yesterday I applied through PayPal their loan site is loanbuilder by PayPal
I submitted my application 6 pm yesterday and the funds are in my bank at 2 pm today It is really unbelievable
PayPal closed their application effective 11:30 am today since funds are depleted
Once they replenish the 250 billion fund(hopefully soon ) Pay pal should be an option for SOAPM members to use.
I don’t have any connection to PayPal .
Just wanted to share my experience with the hope to be helpful .
Will be at the webinar later