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I unlocked mine but still waiting for them to pull it. Hopefully soon. How long between each attempt did they make the credit pull attempts? Curious
Applied for PPP on 4/7 through bank. Recieved a call from the bank on 4/24 to verify some information,they sent out the document for me to e-sign shortly after call. Funds were deposited this morning 4/27. I am a single member LLC.
Has anyone had any luck with Kabbage for the PPP? if so, how long did it take?
Applied back when the apps went live. I received a call last week from a Banker and verified Quickbooks information. Received a "your loan will be issued" email when funds were reported to be out. I even got them after saying I would be approved. I got another email saying my loan docs would be ready soon. Last Thurs. Docs showed up 9 AM and funds DP'd the same day. It was a pain but now lets wait for the next step in the EIDL.
Update: I was denied by PayPal.
I applied with a different company and I just received my SBA loan number. [A hard task by itself] I'll submit the requested docs today. Moving closer to funding.
I applied and received through Chase. Never pulled my credit. I believe they only pull credit if the app is a sole proprietor. If the app is a corporation, then no credit pull. Anybody have an S Corp application and get their credit pulled?
I applied within first 10 minutes of Chase accepting apps on 4/3 and received a call the following Sunday 4/5 from Chase getting everything lined up, then again Monday to e-sign docs. On 4/16 I was informed an initial was missed on the app (GRRRRRRRRR) and I quickly re-sent the scanned initialled page in question. They informed me I was approved but the Money ran out that day. She said without the error I would have been done already, so my bad on the initial but that long to tell me?
Then after re-funding of PPP by Congress I received a Chase email they were submitting my Chase approived app to SBA for their approval on Thurs 4-30, approved and funds arrived in business checking account 5-1. I am a single owner LLC.
At the same time a friend of mine applied same day I did through BB&T and is still in some state of pending noone can update him on. This whole thing is a cluster f**k. The PPP is great but I truly believe banks put the loan priorities in order of what made them the most money first to some degree (very large ppp's).
Update: Received my EIDL funds yesterday. It caught me off guard because I applied 4/7/20 and never heard anything else.
I was told if you cannot work with a lender, go to a different one. I was denied by PayPal and quickly approved by a different lender.