Your Credit Profile Mattered When Applying for a PPP Loan
If your PPP loan application was denied because of credit issues, you weren’t alone. We’ve spoken to a number of business owners who had their application declined because their credit score was too low. Because the SBA didn’t provide a minimum credit score requirement for the PPP, it surprised some borrowers that their credit profile mattered when applying for a PPP loan. Based upon guidelines from the SBA, it kind of surprised us too, but not completely. As Part of… Read More