I believe it's the lesser of 50% or $2,500 on those smaller loans up to $50,000. So, basically, if the loan is $5,000 or less, you should expect a 50% fee. If the loan is above $5,000 but not over $50,000, then you should expect $2,500 (which is 5% of ...
We have 3 PPP loans that we didn't get the minimum fee of $2,500. Two of them were 50% and one was 32.78% of the total loan amount. Anyone else seeing this? ------------------------------ Carri Ferris Mission Bank Bullhead City AZ (928)444-5731 -- ...
Do you establish/include Exception targets or thresholds in your C&I lending policy? Would anyone be willing to share their Exception framework (no details of-course), and/or any industry surveys on this topic you may have? Thanks. Gilda ...
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