Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Search PPP Loans by Zip Code

ppploanmap.com

Post reply on HN
Print view View original

21–30 of 88 posts

Re: Search PPP Loans by Zip Code

#21

Post by cyberax »

joenot443 wrote: post #18
downrightmike wrote: post #9

Earlier quoted context omitted.

Almost all the loan availability were spoken for within hours. The grifters got there first, and the people who really needed the help often got stiffed. The Catholic Church took PPP loans and used it to pay off all the lawsuits from their priests raping kids. https://www.wmlawyers.com/2020/07/sex-abuse-victims-outraged...

I’d posit that $3.5m is a drop in the bucket when compared to the $600 _billion_ budget of the program itself. Linking to a law firm blog isn’t doing any favors if you’re trying to present yourself as objective here. It seems disingenuous and pretty transparently ideologically motivated to try and make a shaky connection to pastor abuse, truthfully I think you can do better.

Musk is using similar cherry-picked examples to justify shutting down USAID.

Re: Search PPP Loans by Zip Code

#22

Post by Dalewyn »

elashri wrote: post #16

$755B was forgiven. I know that there are many benefits for this program but I cannot resist comparing this with the NSF budget. This is equal to about 75.5 years of the current NSF budget (assuming constant budget but unlikely as there is planned deep cuts). If we assume that the budget will increase 5% to adjust for inflation (unlikely too) then that would about 32yrs. Not that I'm comparing in absolute usefulness.…

[flagged]

Re: Search PPP Loans by Zip Code

#23

Post by Dalewyn »

downrightmike wrote: post #9
YeBanKo wrote: post #6

$755 billion was forgiven. That is roughly $2.5K per person, assuming US population of 300 million.

Almost all the loan availability were spoken for within hours. The grifters got there first, and the people who really needed the help often got stiffed. The Catholic Church took PPP loans and used it to pay off all the lawsuits from their priests raping kids. https://www.wmlawyers.com/2020/07/sex-abuse-victims-outraged...

>and the people who really needed the help often got stiffed.

Just one anecdata, but we (family business) were "people who really needed the help" and got approved for PPP, both times. You needed to be fairly timely on applying because of the absurd demand, though.

We had to file paperwork including our payroll, income/loss sheets and more with our bank (not SBA) who actually did most of the groundwork because any PPP loan not forgiven is on the bank's dime.

Re: Search PPP Loans by Zip Code

#24

Post by geor9e »

Feature Request: I really wish there was a button to use the zip code where I'm looking on the map. I don't have zip codes memorized. So I see a bunch of pins around the zip code of my childhood home and then the rest of the map is blank. My only option is to open google maps in another window and copy paste zip codes back and forth. Cool website though - despite the effort to navigate I'm finding a lot out.

Re: Search PPP Loans by Zip Code

#26

Post by joenot443 »

cyberax wrote: post #21
joenot443 wrote: post #18

Earlier quoted context omitted.

I’d posit that $3.5m is a drop in the bucket when compared to the $600 _billion_ budget of the program itself. Linking to a law firm blog isn’t doing any favors if you’re trying to present yourself as objective here. It seems disingenuous and pretty transparently ideologically motivated to try and make a shaky connection to pastor abuse, truthfully I think you can do better.

Musk is using similar cherry-picked examples to justify shutting down USAID.

I don’t really see how Musk or his actions regarding USAID has any connection at all to my comment, or to Catholic PPP loans, truthfully.

Re: Search PPP Loans by Zip Code

#27

Post by [deleted] »

geor9e wrote: post #24

Feature Request: I really wish there was a button to use the zip code where I'm looking on the map. I don't have zip codes memorized. So I see a bunch of pins around the zip code of my childhood home and then the rest of the map is blank. My only option is to open google maps in another window and copy paste zip codes back and forth. Cool website though - despite the effort to navigate I'm finding a lot out.

[deleted]

Re: Search PPP Loans by Zip Code

#28

Post by lotsofpulp »

blululu wrote: post #15
YeBanKo wrote: post #6

$755 billion was forgiven. That is roughly $2.5K per person, assuming US population of 300 million.

So like $2500 per person? Another round of stimulus checks would have been better

The purpose of running the money through employers via PPP was to ensure the socioeconomic rankings didn’t change, so that employees still needed their employers.

Giving everyone more cash with no strings attached would have given them more negotiating power against employers.

Re: Search PPP Loans by Zip Code

#29

Post by 63 »

elashri wrote: post #16

$755B was forgiven. I know that there are many benefits for this program but I cannot resist comparing this with the NSF budget. This is equal to about 75.5 years of the current NSF budget (assuming constant budget but unlikely as there is planned deep cuts). If we assume that the budget will increase 5% to adjust for inflation (unlikely too) then that would about 32yrs. Not that I'm comparing in absolute usefulness.…

It's been discussed before but I'll go ahead and say it again. Any administration that was actually serious about cutting spending to benefit the American people would start with cutting unnecessary defense projects and large scale healthcare reform. Those categories take up the vast, vast majority of the budget. But instead, they cut the programs projecting benevolence to the world and protecting us from tuberculosis outbreaks because they were "full of marxists" and then proceeded to outline a horrifying plan for expansion that would certainly increase defense costs. There isn't actual logic here, it's based on subjective feelings and lies designed to appease voters and enrage them at the other side. God forbid there ever be any deep thought or nuance to anything.

Re: Search PPP Loans by Zip Code

#30

Post by chrisbrandow »

I for one remain incredibly grateful that they shoveled money out the door, and imperfectly helped lots of small businesses provide some cash to some employees. If they had sat around worrying about the critics or trying to prevent any possible fraud before sending out the money, everything in our country would have frozen up that much more.
Post reply on HN