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re: What’s the consensus on ppp loans

Posted on 7/1/23 at 8:40 am to
Posted by Tony The Tiger
The Woodlands, TX
Member since Sep 2003
2611 posts
Posted on 7/1/23 at 8:40 am to
Well one is a loan to go to college, with no promise of being forgiven. The other was forgivable SBA loan to help keep most businesses from going bankrupt (due to the pandemic)

One is a choice - go to college or not. Get a loan or not.
The other was not a choice for many businesses, who were doing fine before the govt shutdown. Still many failed, but it kept things somewhat normal.

PPP was flawed, but to many businesses it provided a valuable lifeline to keep America working.



This post was edited on 7/1/23 at 8:42 am
Posted by fareplay
Member since Nov 2012
4984 posts
Posted on 7/1/23 at 8:42 am to
Why not let them go bankrupt? Strong survive.
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