Chase doesn't care.
Andy Schaidler, NEWH, IESNA
Business Development Executive: FF&E - OS&E Purchasing & Procurement | Architecture & Design Fan | HGIS-USA | Cancer Conqueror
We find out on the news this morning that the SBA allowed banks last week to prioritize their SBA PPP loan applications behind the scenes to their largest customers first.
Chase gave $20 million PPP loan to Ruth Chris Steakhouse with 5000 employees (that's a *small* business?) on April 7th while many of their truly small business customers have yet to hear about their applications or get any funds.
Then today April 16 Chase has the gaul to publicly post a letter from their CEO on their 'Chase Cares' webpage apologizing that the program is out of money, and they "...know many of you are disappointed"
Disappointed? outraged is more like it.
Chase should be ashamed. So should the SBA. Maybe it should be re-named the BS Administration?
Latest Commercial Development coming soon to Austin Texas "Luxury Motorsports Park at Lake Travis"
4 年Chase ONLY processed their favorite accounts..less than 10% of the PPP, while small community banks completed 81%, I MYSELF WILL BEGIN TO MOVE MY BUSINESS elsewhere...
President at OLIVE Presents
4 年Infuriating. Back to local and mid-sized banks!
Business Development Executive: FF&E - OS&E Purchasing & Procurement | Architecture & Design Fan | HGIS-USA | Cancer Conqueror
4 年and now...Chase is just hiding under a rock, auto-responders ON.?Sheesh!