That was what is so frustrating -- the gummint is punishing all banks, and all bank customers, because of what the CitiBanks of the world did to the world's financial markets in 2008-9.
First Bank Midwest, in little Oskaloosa, Iowa, had NOTHING to do with the worldwide financial collapse, and I am as close to a "sure thing" as they get WRT a loan -- yet we both had to jump through flaming hoops to get the loan.
My banker hates it more than I do. She's known Mary and me for 15 years, stayed at our hotel, and this is our third aircraft loan with her. There was never a doubt that they would lend us the money, but the paperwork requirements alone were crazy-labor intensive.
Example: I had to find documentation proving that Mary is the Vice-president of our corporation. Why? Nobody knows. Dumb.
Which is why banks are literally sitting on billions of dollars that they can't lend.
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