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If the PPP was intended to help struggling businesses, but your business wasn't actually struggling due to the pandemic, then you didn't need it. It has nothing
by jallen_dot_dev 4y ago
If the PPP was intended to help struggling businesses, but your business wasn't actually struggling due to the pandemic, then you didn't need it. It has nothing to do with fairness.
> Do you see any problem in anyone spending their own money in any way they'd like?
"How dare you tell the bank robber to return the money he stole. Who are you to tell him how to spend his own money? That's awfully moralistic and judgmental of you."
- dboreham 4y agoThe original PPP was intended to give money to all businesses with employees, to incent them to not lay off workers (it was a loan, repayable if the company reduced their workforce). The second version of the application form added a clause (after media bruhaha) about "potentially being affected by the pandemic", so would exclude some small subset of businesses that could absolutely guarantee that nothing about their future revenue and input costs would change aversely. Any concept of actually having been negatively affected in the past, prior to application came much later.