Thread: News Hey Small Business Owners...What are you doing to ride the storm out?
View Single Post
Old 03-26-2020, 11:06 AM   #33
notorious notorious is offline
Supporter
 
notorious's Avatar
 
Join Date: May 2005
Location: Who knows?
Quote:
Originally Posted by Mr. Plow View Post
That's the one I'm watching for. Not sure on the specifics, but I believe they said you could take out 200% - 250% of your total monthly payroll as a loan. Then if you used it for employee salaries, benefits, or to keep your business open that it would turn into a grant rather than loan.

That may be way off on what it actually is, but it's what I remembered hearing.
Goodness sakes.

Any business can manipulate numbers to make it appear like it went to employees.
Posts: 83,380
notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.notorious is obviously part of the inner Circle.
     Reply With Quote