LoanBuilder, A PayPal Service
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Shady company! I was denied for ppp loan forgiveness from them
I applied for ppp loan forgiveness through them and was denied with no reason. After email after email, I finally got through to someone via the telephone and they said it was denied due to the documents submitted. The gag is that no documents were requested. She stated that they used the documents that I applied with, but how if the money is used after you apply. I have a balance due to them and I’m currently in the appeal process of which they still didn’t tell me what was submitted with the appeal. I don’t think that they are properly applying for forgiveness just to get a higher interest from customers. Most company’s allow you to apply for forgiveness on your own. Their portal isn’t open for that. So basically they could be applying with bad info or not even applying at all. This company is very shady, I’ve been emailing since the denial with no answers.