Can't apply to the Paycheck Protection Program bc my startup's bank is Azlo?

https://news.ycombinator.com/item?id=22773360
by lambdatec • 6 years ago
3 2 6 years ago

Azlo is not participating in the Paycheck Protection Program, and other banks are requiring a business account established before February 15, 2020 in order to apply. This means my business is unable to participate in this program, even though it qualifies!

I just spoke with Azlo customer service, who told me they are not participating in the PPP. Essentially I am being excluded from federally-mandated aid because I chose to do my banking at Azlo, and not another major bank.

Does anyone know how to apply for the PPP without having a pre-existing business bank account (at somewhere other than Azlo)? And yes, I am already kicking myself for choosing Azlo.

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