“I applied for funding at a local bank. Other than the initial email I did not hear back from them on status. So I applied to PayPal,” wrote one Reddit user, who claimed they ended up being funded by both banks. “Something is fubar with the SBA system.”
"Your application is still in Stage 1, with an extremely large volume of applications ahead of you,” read one such message from Chase."You can decide if you would like to try applying with another lender."according to a Reuters report A Bank of America senior executive said the situation had not been an issue. Wells Fargo and Citibank declined to comment on the record. But JPMorgan Chase and three alternative lenders, PayPal, Square, and BlueVine, confirmed they were working with the SBA to resolve the problem.
Not incompetence if 'flying by the seat of their pants' That phrase means trying to do something that you've never done before w/o training & skill. This is not incompetence. It's ppl being directed to do things in a brand new situation. Better solution: open the economy back up!
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La source: CNBC - 🏆 12. / 72 Lire la suite »
After a rush for more small business funding, PPP loan money remains untappedMore than a month into round two of the Paycheck Protection Program, there's more than $120 billion still left unallocated for small businesses. Better to allocate and not spend it. Watch Democrats try to take it and hand to corrupt, poorly-run, blue-state governments, pay for abortions, and leftist media. “Mr Wonderful”: Buy $GLD If you’re looking to invest in forex,bitcoin investments and make more money I would recommend Mrs Lisa to you ,I was really amazed when I got my first profit in 7 days of trading I can’t stop spreading the good news thank you ma’am...you can reach her on WhatsApp on +12132243837
La source: CNBC - 🏆 12. / 72 Lire la suite »
Alibaba launches tools for small businesses struggling during pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. THANK YOU🙏
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Their stores were burned, ransacked and looted. What's next for Minneapolis-area small business owners?Dozens of Minneapolis and St. Paul business owners, small and large, are trying to rebuild after fiery riots and demonstrations in the Twin Cities last week. BlackBusinessMatters These were not the BLM protesters. These were assholes Those businesses will be rebuilt, in the mean time those business owners need to be taken care of. They need to be supported, they need to be cared for.
La source: USATODAY - 🏆 100. / 63 Lire la suite »