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April 8, 2020

Bureaucracy - This is Why We Can't Have Nice Things

Banks caught between demand for PPP loans and KYC rules - Seeking Alpha
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2 comments:

Anonymous said...

Went with a rural bank.. should have aplroval any minute. Makes tou wonder whom those bigger banks are focused on? You know, those 'approved lenders'..

Now if it was paying for a MCD kickback project, you can bet they would of built a railroad thru the process to get it done!

On a separate note, I (heart) NY. Hang in there Brothers and Sisters, you've turned the curve.

Anonymous said...

Yep....I'm with an "unapproved" lender been there for a little over 6 years get 10yr financing can re-finance debt carry it longer, it's like your a real business owner working with your bank not a McD's program. SBA PPP loans approved in 2 days no problem.