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As an update, my clients submitted their apps to me on 4/8 and 4/9, and SBA approved them and assigned etrans #'s on 4/14 and 4/15. I expect to get docs in the next couple days to fund. The key was getting SBA approval and assigned the etrans #. PNC fcked up their internal process of submitting...

We prioritized our applications based on the time they were submitted regardless of relationship size or profitability. The fees on the actual PPP loans are nothing compared to the cost of processing them.

when applications got approved by SBA and got an ETRANS #, then the funds were allocated from the program to that loan. WF got capped because of penalties for the shady **** they pulled, but those penalties were lifted for this program a day or two after. Banks weren't given carve outs, it was...

I'm a commercial banker. Have had a couple clients get assigned ETRANS #'s over the weekend and expect them to get funded later this week.