Nobody will tell me why my PPP loan keeps getting rejected... help - Printable Version +- Sup Startup (https://supstartup.com) +-- Forum: Startup Forum (https://supstartup.com/forumdisplay.php?fid=3) +--- Forum: Small Business (https://supstartup.com/forumdisplay.php?fid=12) +--- Thread: Nobody will tell me why my PPP loan keeps getting rejected... help (/showthread.php?tid=4319) |
Nobody will tell me why my PPP loan keeps getting rejected... help - Aplus - 04-03-2021 Nobody will tell me why my PPP loan keeps getting rejected... help I have applied at 6-8 different banks and I am stuck in PPP hell. I keep getting rejection notices with very vague explanations like:
When I contact the lenders to figure out the actual problem and how to resolve it, they say they can't provide any information, I have to contact the SBA. When I call or email the SBA, if they even respond, they say they have no information on individual PPP loans and I have to contact the lenders for details. Does anyone know how to actually get a response or figure out these kinds of problems? Who is actually supposed to know what's going on, the bank or the SBA? I am watching my business swirl the drain waiting for these funds and I can't get any actual human to provide an answer. [link] [comments] |