Bank Of America Customers Report PPP Loan “Overfund Scheme” On Reddit

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This headline and following paragrapsh below appears on a Reddit page called “Gullible-Reward8806” and regarding Bank of America’s handling of The SBA (Small Business Administration) Payroll Protection Loan Program Loans, or “PPP Loans.” BANK OF AMERICA PPP OVERFUND SCHEME (IF YOU’VE BEEN “OVERFUNDED” READ HERE) Make this go VIRAL So Bank of America (and probably … Read more

Bank Of America Undermines PPP Loan Program, Making Up It’s Own SBA Forgiveness Rules – Update

Bank of America

Rather than admit its trying to make up for losing money on the Payroll Protection Program, Bank of America seeks to tie up unsuspecting PPP loan applicants in complicated rules it claims are from the Small Business Administration, but are really from itself. My firm just received an email from Bank of America which does … Read more