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Doc Sportello

(7,513 posts)

16. Accrued interest on what?

Reply to okaawhatever (Reply #11)

Wed Aug 17, 2022, 09:29 PM

Aug 2022

The money the company received from the government was put in the bank? So they took the money, made interest off it and that gets forgiven as well? Sorry, that might be what happened but that would be even worse.

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Highlight:

Rich Getting Richer: Wealthy Celebs Have Their PPP Loans FORGIVEN After Borrowing Millions [View all] TheProle Aug 2022 OP

How disgusting and gross jimfields33 Aug 2022 #1

Kickin' with DISGUST Faux pas Aug 2022 #2

Covid was used as a pretext to raid the treasury Sympthsical Aug 2022 #3

Link to searchable database TheProle Aug 2022 #5

So more was forgiven than she received? Doc Sportello Aug 2022 #9

I'm thinking accrued interest. nt okaawhatever Aug 2022 #11

Accrued interest on what? Doc Sportello Aug 2022 #16

No, I meant the interest earned by the govt on the loan from origination to okaawhatever Aug 2022 #17

That's Pretty Low Interest! ProfessorGAC Aug 2022 #21

The interest rate on PPP loans is 1%. Don't get me started... okaawhatever Aug 2022 #22

The way the USA swings is that if there is legislation that purports to PufPuf23 Aug 2022 #8

I learned an important lesson as a result of 9/11 Sympthsical Aug 2022 #10

At then end of the day, around 40 trillion usd was reshuffled globally during the 2007-09 financial Celerity Aug 2022 #18

trickle trickle trickle Hermit-The-Prog Aug 2022 #20

Oh but student loan forgiveness across the board...that's a bridge too far Docreed2003 Aug 2022 #4

Agree. Such bullshit. judesedit Aug 2022 #14

The time has come for a good-old-fashioned 'jubilee' ... sanatanadharma Aug 2022 #6

Gee it really is a "big club" ymetca Aug 2022 #7

Read my tag line. AZLD4Candidate Aug 2022 #12

I'm not feeling very forgiving right about now. dchill Aug 2022 #13

K n R ! Thanks for posting! JoeOtterbein Aug 2022 #15

Who decided this? Serious question TheFarseer Aug 2022 #19