SBA releases Paycheck Protection details-
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  1. #1
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    Quote Originally Posted by cmarks View Post
    what story? its the governments money who they are getting from you the taxpayer to grant to small business owners to keep businesses float so the economy doesnt hit a total depression the likes of which it will take a very long time to recover,, oh and get a small fee for doing so
    Also, stop with this whole thing being the governments money. Sure, the govt is providing the capital but it’s sitting in the banks balance sheet (who can then sell it on the secondary market).

  2. #2
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    Quote Originally Posted by WestCoastFunding View Post
    Also, stop with this whole thing being the governments money. Sure, the govt is providing the capital but it’s sitting in the banks balance sheet (who can then sell it on the secondary market).
    there is no stop, it is in fact like you said 350billion coming from the govt, 100% guaranteed to the banks, who lend it for 8-12 weeks.

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