6 ms·
Not even close when people were opening businesses just to get them, or fluffing theur payroll to get the max. They also just had to use X% for payroll, didn't
by effingwewt 5y ago
Not even close when people were opening businesses just to get them, or fluffing theur payroll to get the max. They also just had to use X% for payroll, didn't say how much to whom, so you can just imagine how that panned out.
Incidentally you can look up what businesses have taken in loans.[1]
[1] https://www.federalpay.org/paycheck-protection-program/ https://www.federalpay.org/paycheck-protection-program/
edit to add- a lot of business owners including my own father took the max possible even though he didn't need it one bit, as not doing so was 'leaving money on the table'