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Started By
Message
re: Ever wondered how much $$$$ your friends and neighbors got in PPP loans? SBA Look here.
Posted on 7/15/21 at 10:26 am to lsupride87
Posted on 7/15/21 at 10:26 am to lsupride87
quote:
Whats funny?
yeah Im not sure what he's laughing at...PPP funds were used for payroll and other operating expenses.
1
Posted on 7/15/21 at 10:26 am to DarthGadget
Going thru and I've seen a couple of businesses that I'm very familiar with and see they took the loans and we're also approved by local banks that the owners sit on the boards of.
Hmmm.....
Hmmm.....
Posted on 7/15/21 at 10:26 am to lsupride87
(no message)
This post was edited on 1/30/25 at 9:24 pm
Posted on 7/15/21 at 10:27 am to tgrbaitn08
quote:You get to apply for 2.5 times your average monthly payroll
yeah Im not sure what he's laughing at...PPP funds were used for payroll and other operating expenses.
Catholics monthly payroll is easily north of 750k
Posted on 7/15/21 at 10:28 am to WDE24
quote:
My primary concern is those that committed fraud to obtain PPP money.
Trust me when I tell you those are being investigated by banks. Whatever law enforcement does with the results of these investigations is out of the banks' hands.
Posted on 7/15/21 at 10:28 am to Bottom9
Every law firm....Bart, Gordon... even the blue Bloods, Taylor Porter etc
Posted on 7/15/21 at 10:28 am to secfballfan
quote:And? Yall are like the damn media and trumps tax returns
Every law firm....Bart, Gordon... even the blue Bloods, Taylor Porter etc
Every law firm has payroll and rent/utilities
They all should have applied
This post was edited on 7/15/21 at 10:30 am
Posted on 7/15/21 at 10:29 am to Ed Osteen
quote:
Is there not a search function or am I just not seeing it on mobile
Theres not. shite website
Posted on 7/15/21 at 10:31 am to lsupride87
quote:
You get to apply for 2.5 times your average monthly payroll
Catholics monthly payroll is easily north of 750k
Correct and the 1st round was to cover payroll and expenses for 3 months...the 2nd round you were able to spread it out over 6 months and were able to use it for more payroll and not payroll and expenses. The 2nd round was a little more loosey goosey. We got the same amount for both rounds.
Posted on 7/15/21 at 10:36 am to DarthGadget
Some of the autist sleuths on the OT will get someone in trouble with this thread.
I am waiting…..
I am waiting…..
Posted on 7/15/21 at 10:36 am to tgrbaitn08
quote:
Correct and the 1st round was to cover payroll and expenses for 3 months.
Yes, but Catholic is in a business of private tuition that was either already pre-paid on an annual basis or didn't exactly just stop even with the monthly pay parents. So back those out and I think the original poster questioning the need for $2M could be a valid question. Not just for CurDog land, but for all schools like this in general.
Posted on 7/15/21 at 10:38 am to Tomatocantender
quote:And?
Yes, but Catholic is in a business of private tuition that was either already pre-paid on an annual basis or didn't exactly just stop even with the monthly pay parents
Posted on 7/15/21 at 10:39 am to Tomatocantender
quote:
Yes, but Catholic is in a business of private tuition that was either already pre-paid on an annual basis or didn't exactly just stop even with the monthly pay parents. So back those out and I think the original poster questioning the need for $2M could be a valid question. Not just for CurDog land, but for all schools like this in general.
Tuition is not their only source of revenue...
Posted on 7/15/21 at 10:39 am to DarthGadget
2 companies I know received it aren't in the listing for Alabama, I'd assume they missed a whole bunch of others.
Posted on 7/15/21 at 10:39 am to DarthGadget
I have no shame. My company received a little over $400k. I could be exact, but then that would out me, even though some posters know my business already.
It saved at least 20 jobs, maybe more. I was literally within days of laying off employees when our PPP got funded. I had my layoff list prepared and letters already drafted. If you've ever wanted to feel like a giant piece of shite, try going through a company roster of good men and women and deciding what family gets fricked through no fault of their own and what family doesn't. I didn't sleep for a week thinking about all the good people I was about to hurt. The PPP funds allowed us to get through the worst of it and come out the other side. 100% was spent on payroll.
We received word a few weeks ago that we were forgiven the entire loan amount. Sorry not sorry.
It saved at least 20 jobs, maybe more. I was literally within days of laying off employees when our PPP got funded. I had my layoff list prepared and letters already drafted. If you've ever wanted to feel like a giant piece of shite, try going through a company roster of good men and women and deciding what family gets fricked through no fault of their own and what family doesn't. I didn't sleep for a week thinking about all the good people I was about to hurt. The PPP funds allowed us to get through the worst of it and come out the other side. 100% was spent on payroll.
We received word a few weeks ago that we were forgiven the entire loan amount. Sorry not sorry.
Posted on 7/15/21 at 10:41 am to tigerfoot
quote:Same. My buddy’s company ain’t listed either.
I can vouch that the list is not accurate, I received PPP loan and it is not listed.
Posted on 7/15/21 at 10:41 am to BottomlandBrew
quote:
I have no shame
You shouldn't. You used it exactly for its intended use which was to stave off massive layoffs and unemployment.
Posted on 7/15/21 at 10:41 am to BottomlandBrew
quote:I don’t give a shite if your business thrived during covid and you applied for PPP
have no shame. My company received a little over $400k. I could be exact, but then that would out me, even though some posters know my business already.
It saved at least 20 jobs, maybe more. I was literally within days of laying off employees when our PPP got funded. I had my layoff list prepared and letters already drafted. If you've ever wanted to feel like a giant piece of shite, try going through a company roster of good men and women and deciding what family gets fricked through no fault of their own and what family doesn't. I didn't sleep for a week thinking about all the good people I was about to hurt. The PPP funds allowed us to get through the worst of it and come out the other side. 100% was spent on payroll.
We received word a few weeks ago that we were forgiven the entire loan amount. Sorry not sorry.
Use every legal method you can to maximize wealth
This post was edited on 7/15/21 at 10:42 am
Posted on 7/15/21 at 10:42 am to BottomlandBrew
One of my friends has an eerily similar story. He has worked his guys forever and knows all the families. He was distraught. Got ppp and used it all for payroll also. Saved jobs.
Posted on 7/15/21 at 10:42 am to lsupride87
quote:
And?
There really is no reasoning here. I get it, you are an alum of Catholic or have a kid there. If you can't understand what I said then it's really no point in having this discussion.
So let's just elevate to the 30k view to alleviate your bias for one school. The And? as you said is only a blind fool could not see that books were cooked and manipulated to squeeze out free money from the Gubment.
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