Post a new topic
    0 Replies Latest reply on May 6, 2020 11:57 AM by vinali

    Application still not submitted to SBA

    vinali Wayfarer

      Like many on this forum, I applied for PPP as soon as I could - on April 8th.
      I have two companies and applied for each of them, back to back. Last week I received an e-mail saying one of them (business #1) was sent to SBA, but no word since then. My other application has yet to be submitted. Is it taking that long for SBA to approve loans?

       

      Based on the BoA loan numbers assigned to each, Business #2 application was only 1,900+ behind Business #1's application. Am I to believe that BoA is not uploading to SBA on a first-come first-serve basis? If I applied on April 8th, shouldn't my Business #2 application be uploaded already?