Same here. . . .I am also an independent contractor/self proprietor. I have run my business for 22 years through a Bank of America personal checking account - and they readily accepted my monthly deposits of multiple checks. I file my Schedule C every year and my 1099s are reported with my EIN. Bank of America would not help me bc they said I did not have a 'business checking account'. When I asked what the essential difference was in the two accounts, they said 'the fee charged'. 41 years with BofA is coming to a close soon. I applied through the SBA website and hopefully I got in under the gun. We'll see. The disproportionate allocation of funds in this program will have a devastating effect on American small businesses. In the meantime, I will actively work to get the message out to boycott Ruth's Chris and the others who gamed the system at our expense. Let them eat bologna

I’ve had it with BOA .I have been with them for over 20 years . I will be changing banks as soon as this thing blows over. I had the same experience day 1 . On day 2 they lifted the restrictions. I still have no idea where I stand in the process. I have a multi millionaire ny real estate guy as a client . He got his PPP loan. I wonder why that is?

My Fiancée has been a customer personal and business with Citizens bank a long time, didn’t seem to be a favorite though I suppose. He heard smaller banks got the money to more small businesses. Time to switch to a smaller local bank.