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Old 01-07-2022, 03:47 PM
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Peter_Spaeth Peter_Spaeth is offline
Peter Spaeth
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Join Date: Apr 2009
Posts: 33,663
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Quote:
Originally Posted by Wanaselja View Post
If the money was used for what it was intended (payroll mainly) and you meet other criteria (retaining your employees etc) the loan is forgiven.
So if the government gives you a million that you didn't need, you spend it on payroll, and then take the million you would have spent on payroll and buy cards, the government essentially has bought your cards for you.
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