CNN - 'We did everything right.' Small businesses left in limbo waiting for government loans.
A CNN article reported that the first round of funding for the Paycheck Protection Program ran out in less than two weeks, and many business owners who applied on the first day still have not received updates on their status, when they may receive funds, or where they are in line for the second round. The article featured several small business owners including Nicola Williams, President of The Williams Agency and SBN Board Member. Williams described her experience of applying for a forgivable loan soon after the application opened and eventually learning that her application has not yet been approved by the Small Business Administration.
https://www.cnn.com/2020/04/22/success/small-businesses-that-missed-out-on-loans/index.html