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re: Is there a new PPP hustle going around?

Posted on 5/24/21 at 1:11 pm to
Posted by Nguyener
Kame House
Member since Mar 2013
20603 posts
Posted on 5/24/21 at 1:11 pm to
People taking advantage of government programs instead of working or contributing to society and then blaming others for their problems and demanding more government programs?

No.

Couldn’t be.

Not in America.
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 5/24/21 at 1:12 pm to
quote:

Getting a PPP loan is a good way to land on IRS audit lists



bring it on.....I got both rounds....my CPA is the best. Sometimes he's too good....he wont let anything happen to me.

I already got my first round's forgiveness letter.
Posted by LSU316
Rice and Easy Baby!!!
Member since Nov 2007
29351 posts
Posted on 5/24/21 at 1:23 pm to
I may get banned for this but I hope not. Look up "Ghetto Pops" on Google. Its basically koolaid mixed with water in an ice cube tray and you stick a tooth pick in each cube.

I know a guy that runs some S8 housing....he said a shitload of his tenants started making these things and selling them out of their houses just to be able to apply for PPP. He tells me that they got it too. I still am not sure I believe it but he swears its the truth....he said big screens, new cars, etc were coming into the hood like hot cakes last year.

He said it's a combination of them not having to pay rent and PPP....IDK seems pretty outlandish to me but nothing surprises me anymore.
Posted by CP3LSU25
Louisiana
Member since Feb 2009
51150 posts
Posted on 5/24/21 at 1:52 pm to
Have you read the daily advertiser in Lafayette lately? Every front page headline is a why are we holding blacks back story. They are getting grants to finally do things that white people were holding been back for decades doing.
This post was edited on 5/24/21 at 1:53 pm
Posted by armsdealer
Member since Feb 2016
11553 posts
Posted on 5/24/21 at 1:55 pm to
PPP is a giant hustle. It is welfare but somehow conservative business people think they have a right to it.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 5/24/21 at 2:00 pm to
quote:


I may get banned for this but I hope not. Look up "Ghetto Pops" on Google. Its basically koolaid mixed with water in an ice cube tray and you stick a tooth pick in each cube.

I know a guy that runs some S8 housing....he said a shitload of his tenants started making these things and selling them out of their houses just to be able to apply for PPP. He tells me that they got it too. I still am not sure I believe it but he swears its the truth....he said big screens, new cars, etc were coming into the hood like hot cakes last year.

He said it's a combination of them not having to pay rent and PPP....IDK seems pretty outlandish to me but nothing surprises me anymore


Some of you are so fricking stupid it's unreal.

The majority of section 8 housing can't tell you the president during work war II, but they're savvy enough to start an LLC and fill out the SBA paperwork to get PPP

Posted by Saskwatch
Member since Feb 2016
16669 posts
Posted on 5/24/21 at 2:01 pm to
quote:

"Ghetto Pops" on Google


quote:

Its basically koolaid mixed with water in an ice cube tray and you stick a tooth pick in each cube.


They couldn't even spring for popsicle sticks??? The audacity

If yall want to taste some true delicacies of Koolaid infused foods look no further than the Koolickle.
This post was edited on 5/24/21 at 2:11 pm
Posted by WildManGoose
Member since Nov 2005
4568 posts
Posted on 5/24/21 at 2:44 pm to
quote:

So many churches and private schools received 6-7 figure PPP and don’t pay taxes.
Paying taxes really doesn't have much to do with it. You know what the PPP stands for right?
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 5/24/21 at 2:45 pm to
quote:

So many churches and private schools received 6-7 figure PPP and don’t pay taxes. Not to mention the businesses that never closed and also received 6-7 figures PPP.



PPP money is still taxable.....it's payroll
Posted by CuyahogaTigerJr
Northeast ohio
Member since Aug 2018
2198 posts
Posted on 5/24/21 at 2:52 pm to
Easy money is eazy $ bruh... but Uncle Sam gonna get ya... sooner or later
Posted by DCtiger1
Panama City Beach
Member since Jul 2009
8886 posts
Posted on 5/24/21 at 3:02 pm to
quote:

The majority of section 8 housing can't tell you the president during work war II, but they're savvy enough to start an LLC and fill out the SBA paperwork to get PPP


There are companies advertising on TikTok that do all the leg work for them
Posted by USMEagles
Member since Jan 2018
11811 posts
Posted on 5/24/21 at 3:39 pm to
quote:

The majority of section 8 housing can't tell you the president during work war II, but they're savvy enough to start an LLC and fill out the SBA paperwork to get PPP


I know it seems incongruous, but I've witnessed shite like this.
Posted by stlslick
St.Louis,Mo
Member since Nov 2012
14157 posts
Posted on 5/24/21 at 3:56 pm to
Yeah, there are companies who are running this scam.

You go to them, they start your business, or make shite up, apply for ppp, you get money.

they running this scam hard in the ghettos. Can't pay for own bills, but some how have companies.
Posted by Saskwatch
Member since Feb 2016
16669 posts
Posted on 5/24/21 at 3:59 pm to
quote:

they running this scam hard in the ghettos.


Plenty of sales transactions to be found in da ghettos

"White Rock Enterprises, LLC"
Posted by BadatBourre
Member since Jan 2019
755 posts
Posted on 5/24/21 at 4:05 pm to
Do a quick search of your area code, or town and look at the names you might recognize. I live in an upper middle class neighborhood, with homes in the $275k and up range, and we still have 5+ people who absolutely don't have a business who received around 20k a piece. The state of Louisiana has given more money through PPP loans then states with 10x the residents we have, and I honestly doubt that this current administration does anything about it.
Posted by litenin
Houston
Member since Mar 2016
2368 posts
Posted on 5/24/21 at 4:34 pm to
Maybe this is a planned method of replacing a bunch of nonviolent drug offenders (to be released) with a bunch of white collar criminals (fraudulent PPP recipients).

Prison system is too big of an industry to have low occupancy.
Posted by Centinel
Idaho
Member since Sep 2016
43480 posts
Posted on 5/24/21 at 4:36 pm to
White collar criminals aren’t the one abusing this.
Posted by LSU316
Rice and Easy Baby!!!
Member since Nov 2007
29351 posts
Posted on 5/25/21 at 12:08 am to
People aren’t as stupid as you think.
Posted by saralsim
Louisiana
Member since Mar 2009
496 posts
Posted on 5/25/21 at 12:23 am to
Yeah, I saw the list just for my town, and we have more barbers and beauticians than we could ever have a need for that got paid.
Posted by stlslick
St.Louis,Mo
Member since Nov 2012
14157 posts
Posted on 5/25/21 at 4:03 am to
There is a billboard on I-70 here in st.louis with a company who will get you ppp money.

I think i'm calling them later. I have some side gig i do, and covid wiped about 40 events out, costing me 100-200 an event.

I gots ta get me dat ppp money.
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