According to friends, the biggest problem with PPP was on the borrower side. One banker told me "If I had a complete app, I had everything done and with the SBA in 15 minutes. But that was a rarity." Rich got richer. Sophisticated got the benefit.
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Not in our case. We submitted a complete app on the first day within hours. No questions or followup. Took 10 days to approve.
I think that's what Girdley is saying though. You're sophisticated. Guys with pizza parlors or warehousing operations don't fill out forms too good.
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"Please meet my Twitter friend, Molson. He clarifies my points for me on a regular basis. And yes, I need the help!" -- Me
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haha honored by that, but Mike forgot to say I'm generally just an all-around pain in the ass!
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The form was VERY simple, espcially if you have a simple business. The only thing that made it complex was if you were an investor or owner in many businesses.
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I didn't see the form so I trust you on that, but... I see a lot stuff come from truck dispatchers and stuff like that and those guys can be smart verbally but they cannot write for shit.
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It was pretty drop dead simple, but I filled it out within a day (maybe 2?) and have heard nothin back. Now the fund is empty
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To be more accurate, I heard back with an automated email to a website to upload documents and backup. I did that and haven’t heard back
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