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re: Ever wondered how much $$$$ your friends and neighbors got in PPP loans? SBA Look here.

Posted on 7/15/21 at 12:15 pm to
Posted by DLauw
SWLA
Member since Sep 2011
6087 posts
Posted on 7/15/21 at 12:15 pm to
quote:

This is a better site with a search function:
Yep, I’m on that list.
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 7/15/21 at 12:16 pm to
quote:

Yep, I’m on that list.



yep..me too...twice
Posted by The Torch
DFW The Dub
Member since Aug 2014
19558 posts
Posted on 7/15/21 at 12:20 pm to
Coastal Bridge Company Baton Rouge

Loan Size:

$2M
Jobs Retained:

75
Loan Approved:

2021-02-02
Loan Status:

Ongoing Loan
Lender:

Home Bank, National Association
Likely Employment Reduction3

Coastal Bridge Company LLC in Baton Rouge, LA received a Paycheck Protection Loan of $2M through Home Bank, National Association, which was approved in February, 2021.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

Posted by The Torch
DFW The Dub
Member since Aug 2014
19558 posts
Posted on 7/15/21 at 12:23 pm to
This is old hat son

The list has been out for a while or you can just google

Boost Trampoline Park in Covington, GA - SBA PPP Loan ...

Boost Trampoline Park is a subchapter s corporation located at 6179 Highway 278 Ne in Covington, Georgia that received a Coronavirus-related PPP loan from the SBA of $44,700.00 in January, 2021.
Posted by andrewm
Member since Aug 2016
88 posts
Posted on 7/15/21 at 12:24 pm to
Not accurate. My firm isn't listed.
Posted by Tomatocantender
Boot
Member since Jun 2021
4857 posts
Posted on 7/15/21 at 12:28 pm to
[quote]tgrbaitn08[/quote

You are such an ignorant lil fool.

Private schools have it in their charter and bylaws that the tuition charged will cover fixed costs like teacher salaries. It's GAAP, Stat requirement because if not, then the tuition charged per kid is just an arbitrary number.

Don't try to answer another poster for me...especially when you're dumb AF and have absolutely no idea how to financially tie things back. Just a keyboard idiot typing away with no context of reality.
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 7/15/21 at 12:30 pm to
quote:

Tomatocantender





You must like the abuse you bring upon yourself....you have continued to show your arse itt and have been slapped around like a little bitch. Nothing you have posted is accurate.
Posted by Tomatocantender
Boot
Member since Jun 2021
4857 posts
Posted on 7/15/21 at 12:37 pm to
quote:

tgrbaitn08


Didn't think you could answer that. The stupid smiley face reply when you have nothing more to say due to self ignorance.

Here's a freebie for you: Any regulated entity by charter and bylaw has to be able to financially tie back, recast.

Not like you would understand that, but I figured a retarded kid like you won't double dribble sometimes.
This post was edited on 7/15/21 at 12:38 pm
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 7/15/21 at 12:40 pm to
they took advantage of a program that they qualified for....how hard is that for you to understand? It's pretty simple....[

You're over thinking it
Posted by Tomatocantender
Boot
Member since Jun 2021
4857 posts
Posted on 7/15/21 at 12:47 pm to
quote:

they took advantage of a program that they qualified for


THAT"S VERBATIM WHAT I SAID in my original post to LSUPride. Wow, so you have no reading comprehension skills? Who's showing their arse?

Holy crap you are special. You just reiterated my exact post you dumb shitehead.
Posted by WildManGoose
Member since Nov 2005
4568 posts
Posted on 7/15/21 at 12:49 pm to
quote:

How do you supposed to search for something in the “M”?

I’m checking in a state With 3500 pages but I can only move three pages at a time?

There are better websites out there for searching. Just google "ppp loan recipients" and click the first result.
Posted by TigerBait1971
PTC GA
Member since Oct 2014
14865 posts
Posted on 7/15/21 at 12:49 pm to
Posted by CatfishJohn
Member since Jun 2020
14162 posts
Posted on 7/15/21 at 12:51 pm to
quote:

I can vouch that the list is not accurate, I received PPP loan and it is not listed.



I know of 3 small businesses owned by friends that received money and wasn't on the list.
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 7/15/21 at 12:54 pm to
so why are you so mad?

Take a look at Firstline Schools in nola...they got $5m

I bet you're triggered now

Firstline Schools in New Orleans, LA received a Paycheck Protection Loan of $5M through Liberty Bank and Trust Company, which was approved in April, 2020.




quote:

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Firstline Schools' 2019 payroll expenses are estimated to be at least $24.01M.

Based on their reported 418 jobs retained, this equals an estimated average yearly compensation of $57,439 per employee1

Reported PPP Proceed Usage:
On the PPP application, Firstline Schools reported intending to use the proceeds of their PPP loan for the following expenses:

Payroll: $4,559,865
Health Care: $442,148
Posted by Tomatocantender
Boot
Member since Jun 2021
4857 posts
Posted on 7/15/21 at 1:02 pm to
quote:

so why are you so mad?


Baw, I'm not mad at Catholic as I said the PPP was put into place with loopholes that absolutely was meant to exploit. I was bringing up another poster's legitimate questions and I offered the tuition angle...then you jumped in and ran with it like I was opposed to the hustle.

It's all good and sorry about the mentally retarded douchebag moron thing...I apologize for calling you a mental midget shite for brains keyboard mouth breather.
Posted by lsufan1971
Zachary
Member since Nov 2003
18530 posts
Posted on 7/15/21 at 1:13 pm to
quote:

The bigger problem with the first round was how the banks processed applications. I know of two people who applied with a large bank who drug their feet on their application, and by the time they got to their application, there were no more funds available.


This almost happened to my company. Big banks made sure their clients with largest loans got money first.
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