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Searchable PPP Loan Data

pppreport.org

51–60 of 354 posts

Re: Searchable PPP Loan Data

#54
post #12

This great. This is going to really bring out some interesting facts. Looks like even Adult Entertainment businesses got money through Paycheck Protection Program. Example: https://pppreport.org/company/11000+reeder+l+l+c

I don’t get the significance. They are businesses too, no?

Re: Searchable PPP Loan Data

#55
post #16
post #11

Earlier quoted context omitted.

Those things only frustrate me if they aren't loans, which they would be, right?

They are forgiven if you use them to fund payroll, rent, mortgage interest, or utilities.

They're also forgiven if your company goes bankrupt IIUC.

Re: Searchable PPP Loan Data

#56
post #43

Just looking through my home town for businesses I know about... A fair number of them I know carried on with business as usual and had no financial problems (one I used to work for). Seems wrong when there are lots of people in the same town lining up outside the unemployment office every day...

Not sure why this comment is being downvoted. I just searched my local city and noticed that our (for profit) ambulance service received a loan: > DIAZ MEMORIAL AMBULANCE SERVICE INC I definitely don't think they saw the number of ambulance rides go down. And also don't think their profits suffered.

With all elective surgeries cancelled? I dunno but I’d be careful making assumptions.

Re: Searchable PPP Loan Data

#57
post #12

This great. This is going to really bring out some interesting facts. Looks like even Adult Entertainment businesses got money through Paycheck Protection Program. Example: https://pppreport.org/company/11000+reeder+l+l+c

They have had to completely shut down in many places. They are legal businesses like any other, so why shouldn't they get PPP funds like any other business?

Re: Searchable PPP Loan Data

#59

There are several scenarios that frustrate me. Examples like law firms or physicians' offices. These are relatively small firms with very wealthy principals. They are asking for taxpayer money to maintain their wealthy lifestyles, so they don't have to sacrifice their Bentleys to pay staffers. Examples: Thomas J Henry in San Antonio. LLCs and franchisees that probably have millions of dollars in holdings and cash, bu…

That breaks down pretty quickly, once you get past the idea that every single billionaire is a bad person. Becoming financially successful involves money-saving habits, and personally taking a hit goes against it. Many more are trying to elect a politician who would tax them more, than are trying to simulate the effect with their own money. Many donate to charities but it's something like health or the environment, n…

A significant fraction of billionaires "became financially successful" through nothing more than the deaths of their ancestors. The idea that a saving habit contributes to financial wealth, rather than is simply associated with it, has no basis in research.

Re: Searchable PPP Loan Data

#60
I love that an official SBA/federal release can have a file titled: "PPP loan data key things to keep in mind FINAL- Sunday.pdf". Nothing says "over-it" like all caps "FINAL-Sunday".

Also, maybe even funnier, is that the "Ayn Rand Institute" applied for a loan... that's the best thing in the database I've found so far.

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