“Borrowers still must certify in good faith that their PPP loan request is necessary,” the SBA said.
Despite Joe Orlando's salary, we don't really know what kind of financial state CU is currently in. First, let's look at the SlabGate scandal. There are all these lawyers involved, lawsuits, returns, police, etc. And just when you thought things were bad, then boom, COVID-19 came knocking. PSA had to close their doors for about a month. According to a recent update posted on the 21st of April, PSA is slowly starting to reopen their California facility and have brought in a few employees, but they are still far away from being back at full capacity.
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