- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: SBA loans in stimulus---basically give aways for any business with less than 500 employees
Posted on 3/29/20 at 7:11 pm to I B Freeman
Posted on 3/29/20 at 7:11 pm to I B Freeman
Could I get it forgiven if I used that money to build a new office/warehouse space?
2
Posted on 3/29/20 at 7:13 pm to stout
quote:
Could I get it forgiven if I used that money to build a new office/warehouse space?
No. The only portion of the loan that is forgivable is that which is used for payroll/rent/utilities/mortgage interest
Posted on 3/29/20 at 7:14 pm to stout
not specifically but the additional profits you will have because the government is basically paying your payroll and utilities and interest for two months can be used for anything.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News