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Wells Fargo SBA Loan Nightmare

Navigating the Wells Fargo SBA Loan Process: A Frustrating Journey

For those grappling with the SBA loan process through Wells Fargo, you are not alone in your struggles. My personal experience has been nothing short of a protracted ordeal, as nearly two months have passed with Wells Fargo failing to submit my application to the government. Numerous clerical errors and unauthorized alterations to my information have continuously plagued the process.

Despite diligently completing all necessary documentation, I am now faced with submitting my application for a third review. Eventually, a discussion over the phone led to Wells Fargo acknowledging that the errors stemmed from their end. This situation raises concerns about potential FTC violations regarding the mishandling of sensitive information.

Having been a loyal Wells Fargo customer for over a decade, with multiple loans and mortgages under my belt, this experience has been particularly disappointing. If you find yourself in a similar situation, what steps would you recommend to resolve these issues? Your insights would be greatly appreciated.

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