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Why didn’t the biggest banks in USA process the loan applications for businesses?

I keep hearing that they simply IGNORED their customers and didn’t process the applications - there must be a reason for this.
... hearing from several ppl that the only reason their application went through was bc they switched banks.

A friend said it went through w/in 24 hrs after ge switch.

Wtf is up with that?
It wasn’t an accident - what are the motives?
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