The Soapbox

Hokieesith

Joined: 12/09/2004 Posts: 18839
Likes: 18385


Well, I thought the same way you did. I didn't get the first round.


I had the mindset that I was going to be okay and that the money should go to needy businesses. But after watching businesses get money that were doing better than me, I decided to do it. Not to mention that I didn't make a dime off of doing PPP's for others while the banks make huge profits.

Who knows what the future holds. You should do it. I'm assuming you qualify.

And as long as I pay the needed payroll and expenses, it will be forgiven, so drawing the money out and buying a car will be easy, because I never needed it.

I doubt I'm buying a car. I may draw some of the money back out at the end of the year. The cars or truck I want are always way too expensive and I have a giant breed dog that gets in my car almost every day. That car is six years old and in good shape. Getting a new car so that he can stink it up doesn't make sense. $65,000 for midgrade an F-150? It's nice, but it ain't worth it. I may look at minivans. LOL.

(In response to this post by HoodatB)

Posted: 03/05/2021 at 12:40PM



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Current Thread:
  Using PPP funds for a new car? -- HoodatB 03/05/2021 11:08AM
  Moved** -- TomGlansAski 03/05/2021 12:48PM
  You don't seem to understand how the PPP works. ** -- Hokieesith 03/05/2021 11:10AM
  Sure, ResistHooda, whatever you say ** -- TomGlansAski 03/05/2021 11:11AM
  No. My doors aren't open to normal appointments. -- Hokieesith 03/05/2021 10:36AM
  Right. Who works through doors these days? ** -- HoodatB 03/05/2021 11:06AM
  Do those changes (likely) defer -- Shenhoo 03/05/2021 10:27AM
  I think it will. I think it worked that way last year. -- Hokieesith 03/05/2021 10:36AM
  It's a nightmare. LOL. ** -- Hokieesith 03/05/2021 11:05AM

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