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04-03-2020, 05:22 PM #1
- Join Date
- Jan 2019
- Posts
- 25
Just talked to my contact at Lendio (I used to work there) and they are shifting all their efforts towards the PPP. Apparently they were approached by a large corporation that owns a network of banks (I thought he said Henry Jackson, but I could be wrong) because their banks don't have online portals capable of handling the volume. He said there were currently 1000 calls on hold in their phone queue waiting to apply. He isn't certain how they are going to get paid/reimbursed, but probably will only be a $50-$100 per application.
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