Hello! I am currently operating a small business and I had some questions about the Working Capital program and loan approval. I have currently paid off two Working Capital Loans, the first in February, then another started in April and just paid off on 9/3. I have been applying to get my third loan daily (from what I’ve been told, its all based on an algorithm with no human involvement) and have been declined every time I go to apply. I try frequently, a couple of times a day, but my main two questions are… - - It says that processing can take up to three business days, have three business days passed due the holiday? Is it my loan repayment still processing due to the holiday weekend? - Inside the Paypal Working Capital loan website, when I click on the History tab, it only lists my loan from February - it does not show my second loan. Should my second loan be showing in this tab? Right now I’m searching for clues that my loan still may be processing, I received a “You’re all paid off” e-mail on 9/4 - In addition, any insight in regards to wether or not I should continue waiting on Working Capital’s system to “catch up” would be incredibly helpful to me right now - I would prefer to use the program within Paypal to get capital, but I’d prefer not to just wait around indefinitely if nothing is going to resolve.
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