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

Posted on 3/29/20 at 7:15 pm to
Posted by cgrand
HAMMOND
Member since Oct 2009
40286 posts
Posted on 3/29/20 at 7:15 pm to
quote:

So, if you were going to be business as usual for the next 2 months, you can get a loan for that amount and essentially pocket that money.

that is correct
it is in every conceivable way “free money”.
what’s worse is this free money is not coming from anywhere...it is being conjured up out of thin air
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