mike Limbers sent a message to William Demchak that said:
I am currently working with a client selling his business and PNC refuses to follow SBA guidelines and making it were he can't sell his business. I can't see how PNC can hold his business hostage and not letting him retire. He is willing to put money in escrow until PPP is forgiven but your bank won't even apply for the forgiveness at this time, although stating October 13th SBA began forgiveness for loans over 50k and guidelines state that money should be held in escrow until loan is forgiven. I have tried getting help from your bank and have now gone to SBA to report PNC not following guidelines. We have closed deals with other banks, is your bank not helping their clients?
Transworld Business Advisors