PPP 2.0 - Smooth as Sandpaper
This article came out yesterday: https://www.journalofaccountancy.com/news/2021/feb/sba-ppp-application-review-process-changes.html
The article written by Jeff Drew for the Journal of Accountancy describes some of the program inefficiencies that loan applicants had a strong a hunch of already. Although the SBA had high hopes for making this round of applications being processed faster than ever, we are experiencing exactly the opposite. So, if you are waiting for your loan, be patient, call the lender you applied with and hopefully they call you back.
Happy Scaling!
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