Burbank business owner says bank won’t fully forgive his PPP loan

Problem Solvers
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

A Burbank business owner says he applied for a PPP loan during the pandemic, and was given specific instructions to assure his loan would be forgiven. But now he says Bank of America will only forgive half of the loan amount and is not providing a good explanation for the change.

Kacey Montoya reports for the KTLA 5 News at 10 on May 5, 2021.

Copyright 2022 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Most Popular


Latest News

More News