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Old 08-25-2022, 10:06 PM   #1323
Chief X_Phackter
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Join Date: Mar 2006
Location: Lakewood, CO
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Re: The Most Fresh & Cordial Political Thread Ever

Quote:
Originally Posted by mooby View Post
https://twitter.com/whitehouse/statu...lYIzPbexu8pxaQ

I'm enjoying the White House pointing out how much money in PPP loans conservative politicians had forgiven while those politicians bitch about student loans.
PPP borrowers were eligible for loan forgiveness if they used at least 60 percent of their loan to fund employee wages within 24 weeks of receiving the money.

The government's Pandemic Response Accountability Committee found that 97 percent of PPP loans were used to help fund payroll. The average amount of PPP loan forgiveness was $72,500.
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