Small business PPP portal keeps crashing

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iaafan
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Joined: Mon May 03, 2004 12:44 pm

Small business PPP portal keeps crashing

Post by iaafan » Mon Apr 27, 2020 2:54 pm

The portal had problems when it opened earlier this month and is crashing again today. Doesn't sound like too many people are upset about it so far. This is the federal government program intended to get Covid relief funds to small businesses.



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The Butcher
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Re: Small business PPP portal keeps crashing

Post by The Butcher » Tue Apr 28, 2020 9:51 am

We worked through our local banker and had our SBA Loan approved in 7 days and cash in the bank 2 days later. If you have a local bank like Stockman or FIB you will be way better off than working through a national bank.



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BigBruceBaker
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Re: Small business PPP portal keeps crashing

Post by BigBruceBaker » Tue Apr 28, 2020 4:37 pm

The Butcher wrote:
Tue Apr 28, 2020 9:51 am
We worked through our local banker and had our SBA Loan approved in 7 days and cash in the bank 2 days later. If you have a local bank like Stockman or FIB you will be way better off than working through a national bank.
Many companies that bank with the national banks that have multiple owners never even "sniffed" approval. Local banks are definitely the way to go.

Glad you had a good experience!


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