Title: My wife and I run a small winery with about $400,000 in annual sales and a monthly payroll of about $4,000. The COVID-19 situation dealt a blow to our sales and cash flow so we submitted an application for a PPP loan with Mechanics Bank, where we keep our business checking account. So far, the process has looked like this:<p>On April 6 we submitted an application to the bank&#x27;s portal, which included the standard federal form with information like average payroll and headcount.<p>On April 8 we received an email saying that we needed to submit some additional information, which just turned out to be repetition of payroll information we had already listed on the federal form.<p>On April 13 we received another email asking us to submit ownership details for any equity holders in our LLC.<p>It&#x27;s now April 17 and we have not heard anything back. If I call the bank&#x27;s number, I get a recording which says they&#x27;ll process our application as soon as possible and they&#x27;re unable to provide status updates over the phone.<p>Now I&#x27;m reading reports that the program is already out of money. If this is what&#x27;s supposed to help small- and medium-sized businesses weather the pandemic, it is not inspiring much confidence. Have others had a similar experience?
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