Anyone get their ppp loan yet...?

I’m with BofA they sent me a notice that said if I didn’t have any active business loans with them they would not be loaning me money from the program go figure I guess my No debt strategy backfired

 

Got nothing on the first round but last night got an email that we are approved should get Docs Monday from California bank and trust it is a small bank but owned by Zion bank total is 35,000 my brother got 887,000 on the first round through a business bank I forget the name

 

I got rejected. First I've heard of anyone getting rejected. My credit is great, almost 800. They say I have 'delinquent' something or other in my credit file. I'm gonna investigate this morning. I've never been late on anything and don't have hardly any debt at all except her car note and our house we've lived in for 20 years. WTF? Anyone else rejected?

 

Go to a different bank, preferably a small bank. Your credit has nothing to do with PPP loan. All you need are payroll records.

 

Just did, working on it today. The email I got from Paypal makes no sense. What you just told me is exactly what my bank told me (who I should've gone to in the first place but you can't get in without an appointment). Anyway, checked out my credit bureaus and nothing is wrong. I have little debt and no delinquency.

 

Who said you a "delinquent" something on your credit file?

 

Yes, under reasons why they denied me. I’m working on it again with my local banker now. PayPal’s response was wacko. I’d post it all but it’s a little too much personal info for my comfort level.

 

You'll get it resolved.

 

Yes, got it Wednesday of last week. Small Idaho bank.

does anyone see a trend yet? Those mega banks aren’t just friend, no matter what they say in their ads......