PPP Loans: Why Some Government Contractors Are Returning the Money

Resilient business and risks of running afoul of complex rules have led some firms to pay back the money—with interest

When the coronavirus hit this spring, Atlanta-based Motion Stability owner Brian Yee relied on PPP to pay his staff of physical therapists and keep his business operating. Now his eight-week loan-forgiveness period is ending as Georgia faces a surge in new Covid-19 cases.

Some orgs did this on purpose. They applied knowing they weren't eligable, or applied for more than eligable for, knowing they would later return the money. It was ised as low interest short term loan.

Y?

You mean the legitimate hard working companies and not the corrupt ones the nasty republicans played favorite to?

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