List of IT Companies – PPP Loan scam recipients

[bhaigan]

USA : The Treasury Department and Small Business Administration on Monday disclosed the names of businesses to whom they have lent more than $150,000 as part of the Paycheck Protection Program. PPP loans are well-intentioned loans given by US treasury to save the jobs amidst the Corona crisis. Government offered loans and then waivers for businesses who are able to retain employees during this tough time. After digging through the list, we found that a number of IT consulting companies  have applied for these loans claiming they have saved all the jobs. You can check if your company is on this list. First set we’re listing $1M and above loans, $150K – $1M we will be updating asap

https://www.telugu360.com/list-of-it-companies-ppp-loan-recipients/

all desi consultancies

@Repo

[snoww]

Mesthris ki corona jackpot laa thagilindi.

[Nimmakai]

ok whats going to happen next

[Hitman]

 naa old employer kooda unnady. $5 to 10 million list lo. Pure Mestri. $1 kooda ichi undadu employees ki. 

[bhaigan]

Just now, Nimmakai said:

ok whats going to happen next

FBI is going to involved in this scam

[JambaKrantu]

Em cheyyali ee list to, every mestri I know applied. As long as they used it for payroll, it's legitimate.

[MuPaGuNa]

maa mestri gaadiki 150k vachayi ..vaadu ledu list lo

[TechAdvice]

9 minutes ago, bhaigan said:

USA : The Treasury Department and Small Business Administration on Monday disclosed the names of businesses to whom they have lent more than $150,000 as part of the Paycheck Protection Program. PPP loans are well-intentioned loans given by US treasury to save the jobs amidst the Corona crisis. Government offered loans and then waivers for businesses who are able to retain employees during this tough time. After digging through the list, we found that a number of IT consulting companies  have applied for these loans claiming they have saved all the jobs. You can check if your company is on this list. First set we’re listing $1M and above loans, $150K – $1M we will be updating asap

https://www.telugu360.com/list-of-it-companies-ppp-loan-recipients/

all desi consultancies

@Repo

They can’t pay to more $100k making emps

[Hitman]

1 minute ago, JambaKrantu said:

Em cheyyali ee list to, every mestri I know applied. As long as they used it for payroll, it's legitimate.

How can they justify if the employees are still working at client places. Are they going cook the books to show employees are off the project?

[tom bhayya]

Nisum technologies hyd vaadu 5-10 million anta gattiga kottadu 

[tom bhayya]

2 minutes ago, Hitman said:

How can they justify if the employees are still working at client places. Are they going cook the books to show employees are off the project?

yes ee money valla vaadini layoff cheyalsina avasaram raledhu antaaru anthey 

[Sreeven]

Just now, tom bhayya said:

Nisum technologies hyd vaadu 5-10 million anta gattiga kottadu 

Aina a dabbu interest ke kada ichedi..they need to pay 3% interest rate

[JambaKrantu]

Just now, Hitman said:

How can they justify if the employees are still working at client places. Are they going cook the books to show employees are off the project?

It was not an all or done deal, like your business should be completely closed. They have to show that their business was impacted which most of the companies did, they lost 15 to 30% of their employees. Already 2Million kante takkuva teeskunte Treasury department said that they will assume that the certification was made in good faith.  So most of the mestris ki manchiga plate lo food dorikindi ante.

[tom bhayya]

Just now, Sreeven said:

Aina a dabbu interest ke kada ichedi..they need to pay 3% interest rate

adhi disaster loan idhi PPP loan part of it is forgivable so antha pay cheyyalsina avasaram ledhu 

[Deadp0ol2]

Maa odu ledu....aa 150k range la untado soodale....Vella Eskuntaremo ippudu