re: SBA loans in stimulus---basically give aways for any business with less than 500 employees

quote:

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These businesses have to show there have been hardships, like layoffs and loss of sales.
It’s not a fricking free for all.

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That's not accurate. They just have to prove that their payroll costs did not decline by more than 25%, and they maintain similar FTEs.

And if they don't, it only reduces the amount that can be forgiven.

intent is to keep as many employees on payroll regardless of revenue. Ironically, you are suppose to only have essential personnel in office and maintain less than 10 people