Hennessey Consulting: Revenued Simplifies PPP Loan Applicati

Hennessey Consulting: Revenued Simplifies PPP Loan Application Process


Hennessey Consulting: Revenued Simplifies PPP Loan Application Process
JERSEY CITY, NJ / ACCESSWIRE / February 24, 2021 / Revenued is a pioneering small business financing company that so far has over 30,000 second-round Paycheck Protection Program (PPP) loans approved by the SBA. The firm recently conducted an informal survey to help it better understand and improve the PPP application process.
After contacting more than 200 business owners who have begun but not yet completed a full application, they discovered that:
40% didn't have the required documentation or were confused as to what was needed.
33% applied with another lender.
22% didn't think they would be eligible for PPP funding.
17% thought they lacked time to complete the application.

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