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04-29-2020, 01:13 PM | #25711 | |
Mahomes: We Are All Witnesses
Join Date: Mar 2003
Location: Miami, FL
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Posts: 42,562
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04-29-2020, 01:13 PM | #25712 | ||||
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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. I'm done. Have your last word.... |
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Posts: 129,426
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04-29-2020, 01:17 PM | #25713 | |
Needs more middle fingers
Join Date: Mar 2005
Location: San Diego
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It's turned into a nice side gig for her while she's out of a job. |
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Posts: 65,647
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04-29-2020, 01:18 PM | #25714 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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My Wife has heard from several today that they indeed are pushing for a 3rd round of lending. If the don't get it not only will you have a shitload of small businesses fail you're going to have a shitload of small banks in trouble because they are going to eat those loans.
Dominos, mother ****er!!! |
Posts: 129,426
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04-29-2020, 01:21 PM | #25715 | |
Now you've pissed me off!
Join Date: Jan 2006
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You never listen. Just listen. This is why you end up getting in arguments with six people at once. 1) the PPP requirements cover 8 weeks of payroll for approved businesses plus another 25% That's not one month, like you claim. 2) Do you deny that money has been disbursed from the PPP? If it has been disbursed to businesses, then aid has been provided. Do you deny that money has been given to businesses? If the money is gone it had to go somewhere, didn't it? 3) Do you deny that businesses have been offered forbearance for other types of SBA loans? If you order 12 widgets and get 8, you may not have gotten enough, but it doesn't mean you didn't get anything, either. You keep saying that aid wasn't provided. It was. It wasn't enough for everyone, but it was provided. |
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Posts: 74,937
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04-29-2020, 01:22 PM | #25716 | |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
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PPP is the path of least resistance in trying to save 50+ unemployment systems from claimants overloading their systems and coffers; it's not an effort to 'save' small businesses themselves. |
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Posts: 43,937
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04-29-2020, 01:23 PM | #25717 | |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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Yo haven't read a ****ing word Discuss nor I have told you. Whatever, bro. |
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Posts: 129,426
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04-29-2020, 01:25 PM | #25718 | |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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Posts: 129,426
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04-29-2020, 01:31 PM | #25719 | |
Now you've pissed me off!
Join Date: Jan 2006
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Posts: 74,937
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04-29-2020, 01:33 PM | #25720 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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Loans are only forgivable of the money is used for payrolls. And again, there wasn't enough money to go around the 1st time let alone the 2nd. There were businesses that didn't get money the first time around that were still in the pipeline when the 2nd traunch came around. And there wasn't enough money then either.
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Posts: 129,426
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04-29-2020, 01:39 PM | #25721 |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
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PPP under conditions if those conditions are deemed to have been met by either the lender or the SBA. But if <75% of PPP funds go to payroll then it's probably not forgivable.
EIDL you get $10,000 advance out of a $25,000 uncollateralized loan that wouldn't need to be repaid. Beyond $25,000 requires collateral. |
Posts: 43,937
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04-29-2020, 01:41 PM | #25722 |
Banned
Join Date: Jan 2013
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Posts: 53,803
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04-29-2020, 01:41 PM | #25723 | |
Now you've pissed me off!
Join Date: Jan 2006
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Posts: 74,937
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04-29-2020, 01:45 PM | #25724 | |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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Sent from my SM-G950U using Tapatalk |
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Posts: 129,426
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04-29-2020, 01:49 PM | #25725 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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Posts: 129,426
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