@BankofAmerica you have miscalculated tremendously on our ppp. Checked all documents and not understanding how your underwriter comes to 1/4 of the amount it should be. We can’t call anyone, can’t email anyone, basically take it or leave it. #PPP
@begracioustoall @Johny_Clipboard @Eve_379 @sdreds75 @marcorubio@BankofAmerica Now we are basically stuck with BofA. They reached out, let’s see if they will make it right. Stay tuned my friends. #PPP#PPPloans#PPPFail
@begracioustoall @Johny_Clipboard @Eve_379 @sdreds75 @marcorubio@BankofAmerica Yes which is exactly what we came up with but with no explanation @BankofAmerica came back with an amount so low that basically covers 2.5 weeks of payroll
@begracioustoall @Johny_Clipboard @Eve_379 @sdreds75 @marcorubio@BankofAmerica What is so frustrating is that we applied with PayPal and Bluevine as well because we lost in @BankofAmerica and both underwriters came back with the same amount that we came up with. They both submitted the application and both were blocked because of BofA.
@Johny_Clipboard @Eve_379 @sdreds75 @marcorubio Yes, we have done so 3 weeks ago and missed the first round. After all this and we get approved and get a loan number we just see the amount approved which makes no sense. An explanation would be amazing. @BankofAmerica
@sdreds75 @BankofAmerica Noted. I have S-Corp with 18 employees and only received an amount to cover about 2 weeks instead of 2.5 months. we kept all employees on payroll through all of this. @BankofAmerica Explanation would be great or an email to understand the underwriter. #PPP#PPPloan@marcorubio