Row 71486

Row ID: 71486 | Dataset Entry | Axioma AXP Content Repository

Content Data

This page contains data entry 71486 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

That is exactly what PPP was intended for.

My dad also ran a business with 40ish employees. He got $200k in PPP loans to cover payroll but they didn’t end up having to close. So he was able to use the PPP loans to cover payroll and the $200k he would have spent on payroll went to profit.

Both cases are completely legal btw. There were definitely fraudulent PPP loans, but the intention was to cover payroll expenses for businesses as the govt was forcing (most) to shut down, but it was VERY poorly designed

FieldValue
text That is exactly what PPP was intended for.  My dad also ran a business with 40ish employees. He got $200k in PPP loans to cover payroll but they didn’t end up having to close. So he was able to use the PPP loans to cover payroll and the $200k he would have spent on payroll went to profit.  Both cases are completely legal btw. There were definitely fraudulent PPP loans, but the intention was to cover payroll expenses for businesses as the govt was forcing (most) to shut down, but it was VERY po…
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-24
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url_encoded Z0FBQUFBQm5Lak93QjhQVW81OEpEalVvdWNfS3FxaUxaQWFxMnAyVG4xYjJGZmFaOXpzTEptSXJlYURSdmpBSWNuWlpLM2ZxLVM3WWk5R0xoY0gzZ1BjUklLYmxSSVlzUmx0Vi0zRVhDUHdoY0NicGZJalpvYzJndTRVQmhFMkpYUE1LZWVtb29Gcm9rdlJhZDZpZERGcnBtbjd5ci1xMjdPRXM1TVN3aEh6Zl9PV05BUFNTeHFxWWd4cFRJc21QTlZBTjA1TW1GNXo1SllnSVpnRkRmOEZoVHNfLWt4VnBhZz09

Raw Record

{
  "text": "That is exactly what PPP was intended for. \n\nMy dad also ran a business with 40ish employees. He got $200k in PPP loans to cover payroll but they didn’t end up having to close. So he was able to use the PPP loans to cover payroll and the $200k he would have spent on payroll went to profit. \n\nBoth cases are completely legal btw. There were definitely fraudulent PPP loans, but the intention was to cover payroll expenses for businesses as the govt was forcing (most) to shut down, but it was VERY poorly designed",
  "label": "r/economics",
  "dataType": "comment",
  "communityName": "r/Economics",
  "datetime": "2024-05-24",
  "username_encoded": "Z0FBQUFBQm5Lak1mcEktZGl1OGV1WnJQeTVIUU5PMUZQWG41VFoxa1dNZGFXMU9XQVJBV2JMQ0d3ekk4bWlaQmdnZXVHUUJoUUJMZVRhNGZUdFdtV09Fa255Mk1RU0tXZlE9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak93QjhQVW81OEpEalVvdWNfS3FxaUxaQWFxMnAyVG4xYjJGZmFaOXpzTEptSXJlYURSdmpBSWNuWlpLM2ZxLVM3WWk5R0xoY0gzZ1BjUklLYmxSSVlzUmx0Vi0zRVhDUHdoY0NicGZJalpvYzJndTRVQmhFMkpYUE1LZWVtb29Gcm9rdlJhZDZpZERGcnBtbjd5ci1xMjdPRXM1TVN3aEh6Zl9PV05BUFNTeHFxWWd4cFRJc21QTlZBTjA1TW1GNXo1SllnSVpnRkRmOEZoVHNfLWt4VnBhZz09"
}
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