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
Ok, so it’s clear you don’t even know what you’re talking about. These are banks using their own money, who then have to petition the Treasury for reimbursement (which will take 60-90 days) if the lender deems the borrower eligible for loan forgiveness.

It’s the bank using its own capital, but just given a 0% risk-weight.