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04-05-2020, 02:00 PM | #2 | |
Colorado Chief Fan
Join Date: Feb 2006
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Chase helped me when other banks wouldnt and since then I have been extremely loyal. I have always felt like Chase was leading the business banking environment and would certainly be out front in an event like this. I realize it just opened Friday and its still in the early stages but when I see how many loans have already been processed it causes me to get anxious about not receiving any help by being late to apply. I will be in early tomorrow and plan to be all over my rep. I also have a Personal Credit Union, think I may contact them if I dont get anywhere with Chase SOON. I enjoy reading your input in this thread and appreciate all who have contributed. Its funny when you tell someone you got a lot of this info from "Chiefs Planet". Love this place! |
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04-05-2020, 02:30 PM | #3 | |
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Join Date: Jan 2017
Location: Orlando, FL
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And let's be honest: sometimes the muck is a little fun too.... |
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04-05-2020, 07:36 PM | #4 | |
Rookie
Join Date: Mar 2020
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04-06-2020, 05:46 AM | #5 | |
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Join Date: Jan 2017
Location: Orlando, FL
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04-06-2020, 06:20 AM | #6 | |
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Join Date: Mar 2020
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I still qualify but I have a feeling they will go with mostly non profits! Doesn’t sound good but I will keep my fingers crossed. I will continue to work the bank that I have my personal accounts with and see what happens there. As of Friday they still were not taking apps yet. |
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04-06-2020, 07:23 AM | #7 | |
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Join Date: Jan 2017
Location: Orlando, FL
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I guess it would depend on how much you want to push them, or if you'd rather go find another approved lender. If you want to push, use the below docs I've posted before: https://www.sba.gov/sites/default/fi...%20FINAL_0.pdf https://home.treasury.gov/system/fil...Fact-Sheet.pdf I'm re-attaching the SBA Final Rule and Treasury Fact Sheets: 1. any eligible participant (I'm assuming you are eligible) can go to any lender. You are eligible and you want to apply....WF is an eligible lender, they need to allow you to apply 2. First come / first serve program....make notes and records of who you talked to, the time that you talked. Ask if they are recording this call and to note the time stamp. Ask for a call transcript, because later on, if you didn't get your app in, you probably want documentation that you attempted to apply 3. It's a limited resource, so you would like to proceed immediately as to not miss out. 4. It's SBA backed and the diligence requirements / certifications are set. No guidances makes any record of having these additional requirements. Again, you are eligible and want to apply. Cannot promise this gets you anything more than a "I'm sorry"....which then would lead down another path, but it may be worth trying. but you have to talk with somebody..... It sucks for sure.....but WF (and the other bigs) are trying to protect their own butts on this... Last edited by mililo4cpa; 04-06-2020 at 07:27 AM.. Reason: links to the docs! |
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04-06-2020, 11:02 AM | #8 | |
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Join Date: Jan 2017
Location: Orlando, FL
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Posts: 3,230
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