Has anyone who used Chase Business gotten their Paycheck Protection Program money yet?
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I know of only 1 out of probably 25 friends. Everyone (including us) have switched to a smaller regional bank. Got approved for PPP funds in 48 hours. There’s just no comparison.
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As a result, our Family Office is moving everything away from Chase. Just not gonna put up with it anymore. And it’s not just us...think YPO-Houston...
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Yes Chase initially told us “don’t apply more than once bc you will mess everything up & get nothing.” Turns out that was complete BS. The regional bank that we ended up with is an SBA-approved lender, & the first thing they said is “we recommend you apply with several lenders.”
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We reapplied on Friday and the bank had internally approved us (both companies) in 3 hours. Then, the SBA opened up on Monday morning at 9:30am CT, and we were fully approved by EOB Monday. Still haven’t heard a peep from Chase.
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