SBA PPP Loan Information

News Updates:

April 8th, 2020

#AmericaWorksTogether Twitter Hashtag by President Trump Backfires

April 7th, 2020

New Chase SBA PPP Application Portal Live! (April 6th, 2020 around 6:00 pm est)

Which Banks Still Have PPP Money?

April 6th, 2020

Wet Signature or Scanned Copy of Signature Required for SBA PPP Loan

If true, this is absolutely terrible!

April 5th, 2020

At 10:30 pm est on April 4th, 2020 the Chase SBA PPP application went live. Go apply as quickly as possible!

Around 8:00 pm est on April 4th, 2020 the SBA sent this to banks:

The SBA apologizes for ongoing technical issues, which includes slowness and the inability for many lenders to create new logins or reset passwords.

Are you finding that banks are way ahead of schedule as President Donald Trump states below:

April 4th, 2020

On Friday, April 3rd, 2020 the SBA PPP Loan program went live. This program assists small businesses that need payroll protection.

You can find much more information about the SBA PPP loan program here:

President Trump and Treasury Secretary Steve Mnuchin have been very pleased with the amount of loans that have been processed in the first few days of this program. President Trump recently announced that as soon as the total amount of money runs out, he is going to ask Congress for more.

President Trump has also been very complementary of Bank of America in the first 48 hours of the loan program. Unfortunately, Wells Fargo, Citibank and TD Bank have not gone live with their applications in the first 48 hours. News reports state that they will go live by Monday or Tuesday (April 6th or April 7th, 2020).

Ivanka Trump has tweeted about the success of the program as well. We will try to highlight the amount of money that gets processed and lended out to small businesses each day.

Have you seen success with your application getting processed at your bank or credit union? Please comment below and tell us your story.

2 replies on “SBA PPP Loan Information”

WELLS FARGO is a BIG JOKE! they never posted the link! signed up for alerts, NOT 1 alert sent, check at least 10 times throughout the day and at Midnight, checked again to see to notice that states, we have reached the max number of applications.

WELLS FARGO IS A BIG BIG BIG JOKE..Been lying every since they became WELLS FARGO. We need WACHOVIA BACK. My lender said that this is federal money and they are not taking applications at all. BUT how do they have applications online …but are not taking applications and don’t know anything about the PPP – INCOMPETENT

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