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In response to "$300 million of the $350 billion small business loan program went to 75 publicly traded companies -- (link*)" by znufrii

psst (million) -- nm

Posted by decline (aka Decline) Apr 21 '20, 07:30

(No message)

Responses:

Right. I also saw that 70% of PPP loans were under $150,000. So I don't know that the skew was as bad as it's being made out. -- nm - pmb Apr 21, 08:13 8
- Well, they ran out of money, for one. -- nm - Spawn Apr 21, 08:22 7
  - Understood, but that definitely was going to happen. A second round is coming. -- nm - pmb Apr 21, 08:30 6
    - Would rather the 86% get half their money now, half in a month so a bunch of smaller fish would not starve. -- nm - Spawn Apr 21, 08:33 5
      - Who is the 86%? -- nm - pmb Apr 21, 08:46 4
        
        $300M. Yeah, should have said the 75. -- nm - Spawn Apr 21, 09:01 3
        
        Sure, but that's .085% of the total. It's not a massive piece. -- nm - pmb Apr 21, 09:08 2
        
        Now I have znu brain. 300B -- nm - Spawn Apr 21, 09:25 1
        
        I think you need a nap. It was $300 million out of $350 billion. -- nm - pmb Apr 21, 09:45
Yeah, misread that. Fixed. -- nm - znufrii Apr 21, 07:31 1
- I was happy when I first read the post. -- nm - Spawn Apr 21, 07:44

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