05-01-2020, 05:06 PM
My business had its PPP loan application approved last night and was funded today.
I felt like the odds were stacked against us because we primarily use Chase Bank, and we're in California, and I read each of those was a strike against us. We did jump on the application as early as possible, if that helped, but we went through the normal website submission and never had any kind of personal attention.
I did inquire with the Stanford Federal Credit Union and was told they were not doing PPP loans.
I felt like the odds were stacked against us because we primarily use Chase Bank, and we're in California, and I read each of those was a strike against us. We did jump on the application as early as possible, if that helped, but we went through the normal website submission and never had any kind of personal attention.
I did inquire with the Stanford Federal Credit Union and was told they were not doing PPP loans.