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GreenvilleVT

Joined: 08/31/2007 Posts: 11342
Likes: 12088

What's this?

A lot of the banks have already shut down their programs


Mostly due to have their full desire for unprofitable loans. I would not expect a lot of banks to reopen this bucket again.

(In response to this post by PhotoHokieNC)

Posted: 07/04/2020 at 2:14PM


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Current Thread:
 
  PPP extended to August 8. $130B still in unused funds. -- PhotoHokieNC 07/04/2020 1:57PM
  Pretty much my entire industry just laid people off rather than take a loan ** -- Naelbis 07/04/2020 4:59PM
  A lot of the banks have already shut down their programs -- GreenvilleVT 07/04/2020 2:14PM
  They aren't the banks loans. They are USG loans with the bank as the body -- 133743Hokie 07/04/2020 3:25PM
  The bank holds them. I’ve originated about -- GreenvilleVT 07/04/2020 4:32PM
  Nut they are low/no risk. Yeah, they may not be that -- 133743Hokie 07/04/2020 5:39PM
  A few other comments on your message. -- GreenvilleVT 07/04/2020 6:43PM
  Many banks are up against their SBA loan limits. -- GreenvilleVT 07/04/2020 5:54PM
  Then let’s you and me split the 130B. ** -- PhotoHokieNC 07/04/2020 2:30PM
  Your idea. So I will go 60/40. You deserve it. ** -- GreenvilleVT 07/04/2020 3:15PM
  🤜🏻 ** -- PhotoHokieNC 07/04/2020 3:18PM

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