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Most of the PPP corporate loans will automatically convert to grants, as long as the funds are spent in a qualified manner, like payroll...that is why it was se

by phonon 6y ago

Most of the PPP corporate loans will automatically convert to grants, as long as the funds are spent in a qualified manner, like payroll...that is why it was set up. Are you not familiar with this?

ls612 6y ago
That’s just a less direct way of giving the money to individuals, with the benefit that it facilitates preserving pre-pandemic formal economic relations. The money is still ending up in the pockets of the workers.
- phonon 6y ago
  What do you think businesses' number one cost is?