Paypal is holding my E.I.D.L just because, Permanently limited, 180 funds hold
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Im no longer allowed to use Paypal because my Paypal account isn't consistent with Paypal's users agreement??? Huh!?!?! I literally opened this paypal account because I was instructed to by SBA so I could have my E.I.D.L and advance deposited to the paypal account since i did not have a business account. I do just that, I get my E.I.D.L loan money first. I then find out that I can actually transfer my E.I.D.L to my personal First Financial account. I do just that. Everything goes smoothly. Then about 12 hours later I receive the E.I.D.L Grant money. So like before, I click on transfer to my bank account- except this time Paypal decided to freeze the transfer to review it. Fast forward 5 hours and Paypal is telling me that I can no longer use paypal and any money still in my account will be held for 180 days! I am livid, confused and now also terrified. This cant be legal. How do I get access to my funds that were loaned and granted to me so that my business has its best chance of getting through this current Pandemic? Paypal decides to just take my funds and sit on it, for 180 days, when my business is going to have to close since Paypal has done this. I am hoping, wishing and praying for a miracle. Or some helpful guidance on what I should or could do to get my money asap? Thanks!
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