Quote:
Originally Posted by FeeFighters
The bank didn't run out of money but the Federal reserve system has been slow on certain days with PPP payments moving slower than expected.
We don't always get reasons, but once you get an SBA approved number the funds are being held for you.
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It appears to be primarily Blue Acorn that's having issues from what I can tell. I was SBA approved with them on 4/4 and I still haven't received anything. Meanwhile others that have applied via other companies after me are seeing a roughly 7 business day turnaround time. The biggest problem for me is that they haven't been transparent and just left those of us that applied through them hanging without any communication.