Constantine (Dean) Highland
Assistant Vice President – Branch Manager
631-768-1319
dhighland@dime.com
Major shkoyach to
@thebudgetdeals for introducing Dime to this thread and to @Abc1234561 for posting the contact info. Banker called me back (two calls) within minutes and since I was already deemed eligible to apply he was able to push it through himself to SBA and I’m BH approved by them.
Dime is different in that they first get SBA approval then they underwrite. He estimates it will take them 15-20 days to underwrite everyone (even though SBA is still expecting PPP loans to be funded within 10 business days).
If you haven’t applied with Dime it’s probably too late. He said last he check SBA website told him 75-80% of funds from second round have already depleted, and it’s likely funds will run out before they can get all their apps to SBA.
If you’re self employed (unincorporated) and have an application with Dime, they will need your 2019 schedule C draft to underwrite this.
He also told me the thing about opening an account for me, I didn’t get into details on that.