Thanks Trump, got PPP loan today

[rey_nidra_ley_ra_rey]

MAGA

[rey_nidra_ley_ra_rey]

Anyone got ?

[JambaKrantu]

what is PPP loan man

[rey_nidra_ley_ra_rey]

1 minute ago, JambaKrantu said:

what is PPP loan man

It’s for small business owners ba 

[Milehigh]

It is if you have small business. I got edil 10k but waiting for PPP loan which was approved yesterday

[JambaKrantu]

3 minutes ago, rey_nidra_ley_ra_rey said:

It’s for small business owners ba 

so you can use it for your business expenses?

[Milehigh]

If you have payroll or 1099 you can show and get it. 

[Milehigh]

On your company or business. It is paycheck protection plan. The edil 10k needs not be paid back but the other ppp loan is given @1% for three years

[xano917]

2 minutes ago, JambaKrantu said:

so you can use it for your business expenses?

many desi mestris are minting millions with this or similar option. its bascally loan from govt but you dont have to really pay it back.

may be future lo ongobedutharu yemo, but for now they are givign money so that you dont fire people from your firm.

desi mestri as usual takes money from EMP and runs his payrolll if he doesnt have job but get check from govt.

@Quickgun_murugan will know more about this 

[Milehigh]

Yes that is exactly what it is.

[Milehigh]

Mari 1% loan evaru isthaaru baa

[JambaKrantu]

2 minutes ago, xano917 said:

many desi mestris are minting millions with this or similar option. its bascally loan from govt but you dont have to really pay it back.

may be future lo ongobedutharu yemo, but for now they are givign money so that you dont fire people from your firm.

desi mestri as usual takes money from EMP and runs his payrolll if he doesnt have job but get check from govt.

@Quickgun_murugan will know more about this 

It's a loan but you don't have to pay back?

[xano917]

Just now, JambaKrantu said:

It's a loan but you don't have to pay back?

seems like it 

[Milehigh]

If you show that you used for payroll without firing any workers - then you can be forgiven for that amount for upto 6 months minus the edil 10k. You still have to pay the remainder in 3 years

[JambaKrantu]

53 minutes ago, Milehigh said:

If you show that you used for payroll without firing any workers - then you can be forgiven for that amount for upto 6 months minus the edil 10k. You still have to pay the remainder in 3 years

Good move by government man