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Small business money runs out

Posted on 4/17/20 at 4:49 pm
Posted by BHS78
Member since May 2017
2057 posts
Posted on 4/17/20 at 4:49 pm
Heard that politicians made sure that Ruth Chris received 20 million. They must have a place to dine will the peasants struggle.
Posted by McCaigBro69
TigerDroppings Premium Member
Member since Oct 2014
45086 posts
Posted on 4/17/20 at 4:50 pm to
I hadn’t heard.
Posted by Tyga Woods
South Central Jupiter Island, FL
Member since Sep 2016
30091 posts
Posted on 4/17/20 at 4:51 pm to
quote:

Heard that politicians made sure that Ruth Chris received 20 million.


Where did you “hear” that
Posted by Green Chili Tiger
Lurking the Tin Foil Hat Board
Member since Jul 2009
47608 posts
Posted on 4/17/20 at 4:51 pm to
quote:

Heard that politicians made sure that Ruth Chris received 20 million. They must have a place to dine will the peasants struggle.




Odd that you consider Ruths Chris the pinnacle of fine dining.
Posted by BHS78
Member since May 2017
2057 posts
Posted on 4/17/20 at 4:55 pm to
I don't, politicians on the public dole do.
Posted by Cosmo
glassman's guest house
Member since Oct 2003
120268 posts
Posted on 4/17/20 at 4:56 pm to
quote:

I don't, politicians on the public dole do.


They do?
Posted by Restomod
Member since Mar 2012
13493 posts
Posted on 4/17/20 at 5:00 pm to
quote:

Ruth Chris


quote:

Heard that politicians made sure that Ruth Chris received 20 million. They must have a place to dine will the peasants struggle.


Has it become that bad in Louisiana to assume a chain steakhouse is for the "wealthy"?
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 4/17/20 at 5:02 pm to
quote:

that politicians made sure that Ruth Chris received 20 million


Ok Karen
Posted by Pendulum
Member since Jan 2009
7047 posts
Posted on 4/17/20 at 5:07 pm to
quote:

Heard that politicians made sure that Ruth Chris received 20 million. They must have a place to dine will the peasants struggle.


You realize the amount you qualify for is directly related to your payroll right? They have over 100 restaurants in the USA, so a lot of people are getting paychecks because of that money, and if they aren't, then Ruth Chris will be paying it back.

You should be angry the program was underfunded to begin with and was not refilled in a competent way. No matter how they do this, some people will get money before others, that's fundamentally unavoidable.



Posted by BHS78
Member since May 2017
2057 posts
Posted on 4/17/20 at 5:08 pm to
I guess we know someone that's non essential. You sure do spend a lot of time on TD
Posted by jeffsdad
Member since Mar 2007
21418 posts
Posted on 4/17/20 at 5:09 pm to
Thanks to pelosi
Posted by BottomlandBrew
Member since Aug 2010
27098 posts
Posted on 4/17/20 at 5:16 pm to
Eh, the banks are more to blame than anything. Local and regional banks game through big time for their customers, but big banks screwed their little customers and prioritized their big customers. I get why, but it sucks.
Posted by HogBalls
Member since Nov 2014
8591 posts
Posted on 4/17/20 at 5:18 pm to
Thanks Democrats
Posted by Ed Osteen
Member since Oct 2007
57483 posts
Posted on 4/17/20 at 5:21 pm to
Does Ruth Chris even qualify as a small business?
Posted by slinger1317
Northshore
Member since Sep 2005
5845 posts
Posted on 4/17/20 at 5:23 pm to
quote:

You realize the amount you qualify for is directly related to your payroll right? They have over 100 restaurants in the USA, so a lot of people are getting paychecks because of that money, and if they aren't, then Ruth Chris will be paying it back.


Sound logic like that has no place on this board. Mean bankers and politicians make such a better story!!!1
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
64581 posts
Posted on 4/17/20 at 5:25 pm to
quote:

Eh, the banks are more to blame than anything. Local and regional banks game through big time for their customers, but big banks screwed their little customers and prioritized their big customers. I get why, but it sucks.


The government gave banks $350 billion to loan to small businesses. They have loaned out all $350 billion as per instructed by the government. How’s it the banks fault?
Posted by Geaux-2-L-O-Miss
Between Your Ears
Member since Aug 2005
3425 posts
Posted on 4/17/20 at 6:00 pm to
Got my paper work back this afternoon "Approved".

Submitted last Monday, April 6 at 10:30 am.
Posted by GB1017LSU
Member since Nov 2015
950 posts
Posted on 4/17/20 at 6:23 pm to
quote:

mall business money runs out
Eh, the banks are more to blame than anything. Local and regional banks game through big time for their customers, but big banks screwed their little customers and prioritized their big customers. I get why, but it sucks.


Wrong! Are you a loan officer?
Unless you’re taking loan applications you have no idea what you’re talking about.
Posted by BottomlandBrew
Member since Aug 2010
27098 posts
Posted on 4/17/20 at 6:24 pm to
quote:

How’s it the banks fault?


Uh, because they had shitty submittal systems, were late to the game, and locked out a bunch of basic business customers to give priority to bigger customers. I'm not just bashing big banks because they're big banks. They really did screw this up for a lot ftheir customers.

My bank was awesome, but it's a smaller regional bank. They had us ready to go the Friday morning it went live. There were a few hiccups, but we got it done by the end of the weekend and our loan number by midweek. Meanwhile, big banks were saying they weren't taking submissions or gatekeeping who could submit. Then they finally opened it up late to their very small business customers and did not get stuff submitted before the funds ran out.

If you don't know how the big banks didn't screw a lot of little guys, then you weren't involved with getting a PPP loan and don't know what you're talking about. Even some fellow TDers on the Money Board got screwed. There are thousands of business owners raising hell about it.
Posted by Double Oh
Louisiana
Member since Sep 2008
17814 posts
Posted on 4/17/20 at 6:25 pm to
quote:

Heard that politicians made sure that Ruth Chris received 20 million. They must have a place to dine will the peasants struggle.





20 mill to Ruth Chris is mind boggling..
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