On Chase When I check status it says waiting for SBA Approval, does that mean that they submitted my app to SBA? I don't see their STAGES anymore.
I'm not sure that means it was submitted. It means it's ready to get submitted
This I got from PayPal
Thank you for submitting your application for the Paycheck Protection Program loan through PayPal.
Additional program funding allocated by the US Government for the Paycheck Protection Program became available on Monday, April 27. However, the SBA is limiting the number of applications that each provider can process through the SBA to only a few hundred per hour.
Your application is complete and is in line to be processed through the SBA as soon as we are able. Given the SBA application processing volume controls, we anticipate that it will take several days for us to process completed applications through the SBA and to receive the required SBA loan numbers in order to proceed with funding.
We will communicate updates through email. Our contact centers do not have access to the status of your loan, so they will be unable to provide any updates if you call.