I am a freelance paralegal and have run my business for 22 years through a Bank of America personal checking account. My 1099s are reported with my EIN and my Schedule C is filed each year with the IRS.  Bank of America would not help me bc they said I didn't have a business checking account - in spite of my 41 year relationship with them - soon to end.  When asked the difference between the 2 accounts they replied 'the fee we charge'.  I applied for the EIDL through the SBA website, and I may have gotten in under the gun. When I inquired of the SBA as to the business vs personal checking account, they said it would not make a difference. 

It is shameful that Bank of America is so shortsighted that they overlooked my 41 year relationship, 22 year business and multiple monthly deposits in an effort to say my business essentially did not exist and they could not find a way to think outside the box.  No worries BofA, if I get the funds, they will not sit on your balance sheet.