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Mar 27, 2020
2:52
:52
pm
Zaphod
Don’t Panic
Question for those following this SBA loan incentive.
Let’s say you’re a small business and you are not really effected by the quarantines. Why would you not get a 2.5 month loan, forgiven if you don’t fire anyone, as a business “boon?”
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Zaphod
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Zaphod
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Mar 27, 2024
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Topic:
BIG change in understanding of loan limit
(boogers, Mar 27, 2020 at 2:49pm)
Messages
Author
Time
Question for those following this SBA loan incentive.
Zaphod
3/27/20 2:52pm
Because you would be taking the money from businesses who are affected.
BLT-Coug
3/27/20 2:54pm
<< Deleted >>
Buffalo
3/27/20 3:00pm
You would have to report it as income, but
sparky
3/27/20 3:06pm
Thats what I'm trying to understand too - get a CARES loan, and if biz revenues
BYUfan92
3/27/20 4:44pm
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