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since ‎May-04-2020
AgentAaron
AgentAaron Contributor
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Re: Another provider has already secured a PPP loa...

by AgentAaron Contributor in PayPal Basics Archives
‎May-05-2020 01:58 PM
1 Kudo
‎May-05-2020 01:58 PM
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Just got a call from PayPal. They said the email was sent out in error and I should be receiving my funding in the next day or two.  ... View more

Re: Another provider has already secured a PPP loa...

by AgentAaron Contributor in PayPal Basics Archives
‎May-04-2020 05:58 AM
2 Kudos
‎May-04-2020 05:58 AM
2 Kudos
*UPDATE*   I just got off the phone with the SBA (I had no wait time, odd). Since they do not process the applications, they are unable to provide any additional info and suggested I contact the lender I applied with... SMH... I have a feeling this is not going to end well. I am hoping this is a glitch in the Paypal system.     ... View more

Re: Another provider has already secured a PPP loa...

by AgentAaron Contributor in PayPal Basics Archives
‎May-04-2020 05:28 AM
2 Kudos
‎May-04-2020 05:28 AM
2 Kudos
I received the same email last night (May 3rd 9:17 PM).    "We submitted your completed application to the SBA and have received a response from the SBA indicating another provider has already secured a PPP loan for your business/organization."   My situation would appear the same as everyone else here, I only applied once through the Paypal/Loan Builder.   I hope this is just an internal issue with Paypal inadvertently submitted out applications multiple times. If not, a 1 question survey is not sufficient. In a time where millions of people are out of work, we are relying on these loans to keep us afloat until the government allows up to get back to work. ... View more
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