"The PPP program seems to have resulted in billions of dollars of fraudulent loans that have ultimately turned into grants," said Samuel Kruger, an assistant professor of finance at the University of Texas at Austin who co-authored a paper estimating that $64 billion of the nearly $800 billion in loans issued show signs of fraud, such as suspiciously high payrolls and multiple businesses listed at the same home address. Good luck to all and wishing you all lots of success in the future endeavors.Investigations Virtually all PPP loans have been forgiven with limited scrutiny if i ah w not heard anythign back in the next few days.Īs there are other companies such as womply : etc, that we can try. i am going to go in my docusign account like someone else said. however some that either are more difficult or what ever they skip over. entering the info into the forms to be generated. So either “blueacorn” the company and the workers are backed up. all they have to do is go in access them and enter each persons info. So these forms / should be in their docusign account already. There is not anyone from docusign that does it for me. once you make the documents in the system they are there you just go in snd fill them out and they get sent to your email. they never did my forms.ĭocusign is an on line app that “you” or your company uses to send out legal documents. and i have never heard that - waiting or backed up issues. I did however keep my business account open the whole time. got approved as when u pull up my comp in sun biz / it shows active and since 2018. I applied through Blueacorn and they helped me make a tax form. stated bringing in business again and money.
they stated you had to be active and currently making money. along with my company had slowed down to nothing due to covid. So i ha dot clem up with the fund to activate. it expired in Sept 2020 snd i had to pay $400 to activate, so in aden when i applied it was not active snd i got denied by the SBA. now my issue was i had let the company lapse as far as my business lic. showing everything along with my bank statements. because i did not have my forms to prove my salary.Īll i have is profit and loss statements that we made monthly for the company. now i have to do 2018-19 and now 2020taxes.ĭue to that most banks and companies would not help. and she had all my paperwork it took months to get it from the state. becasue she lived alone and her son was up north. $80,000 so i made over $80,000 as I am the company well she started to do my taxes. and the second year we will go in and see and start you are new and no big deal. however if you are inky making $10-20-30,000 a year. She said just work out fo my back account, I didn’t need to actually pay my self. an older lady that was legit- however a friend of my mother in law. I had not done my taxes- I started the first year ~ slow to see how it woudk go. and my bank account under that name and have for 3 years. I am a legit company- (not sayign any of you are not/ please don’t think that) I am just stating - that I am not a fly by night person - i have had my company for 3 years, have a bank account under my company name, I have an EIN number, I have my company set up as an LLC.
that docusign is backed up and still waiting. attachment folder, etc.Īnd got the same- message. However I still as of 4/15 have not received anythign from docusign. please sign them and return all documents. and in my applications trail it changed form generating forms in docusign to forms are now generated and sent to your email. that was friday 4/9 and on Monday/Tues 4/12-13 got emails over those days and even a text message. got a letter stated it was GUARENTEED- that all was approved just waiting on docusign to send the paperwork. including the new message about.Ĥ/6 originally ~ got approved underwriting withing 1-2 days -then got approved SBA withing 2 more days- and by that Friday. I am 2 weeks in also, and getting all the exact same messages, as everyone else.
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