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Tiny business bail-out #6849974 04/21/20 11:34 AM 04/21/20 11:34 AM
Joined: Apr 2014 Posts: 7,084 MO cfowler OP trapper
cfowler OP trapper Joined: Apr 2014 Posts: 7,084 MO	Well the so called “small businesses” got a bailout. Several of those “small businesses” valued at $100 million or more. Just curious when the tiny, mom & pop sized, businesses get a little assistance? I trap for fun. I skin 'em for the money! Grinners For Life-Lifetime Member, MO Chapter, Den #1 ~You Grin, You're In~

Re: Tiny business bail-out [Re: cfowler] #6849977 04/21/20 11:36 AM 04/21/20 11:36 AM
Joined: Feb 2010 Posts: 19,719 pa H hippie trapper
hippie trapper H Joined: Feb 2010 Posts: 19,719 pa	Haha. I have a new found definition of what a small business is after seeing who depleted the small business funds. Last edited by hippie; 04/21/20 11:37 AM.

Re: Tiny business bail-out [Re: cfowler] #6849988 04/21/20 11:47 AM 04/21/20 11:47 AM
Joined: May 2019 Posts: 1,354 Saskatchewan R rvsask trapper
rvsask trapper R Joined: May 2019 Posts: 1,354 Saskatchewan	Quote Just curious when the tiny, mom & pop sized, businesses get a little assistance? Bailouts seem to happen everywhere for bigger companies, sadly. What is "a little assistance" for real small businesses?

Re: Tiny business bail-out [Re: rvsask] #6849996 04/21/20 12:02 PM 04/21/20 12:02 PM
Joined: Apr 2014 Posts: 7,084 MO cfowler OP trapper
cfowler OP trapper Joined: Apr 2014 Posts: 7,084 MO	Originally Posted by rvsask What is "a little assistance" for real small businesses? Apparently it’s a $1,200 check, that should arrive eventually, if you don’t make too much money. I trap for fun. I skin 'em for the money! Grinners For Life-Lifetime Member, MO Chapter, Den #1 ~You Grin, You're In~

Re: Tiny business bail-out [Re: cfowler] #6850000 04/21/20 12:02 PM 04/21/20 12:02 PM
Joined: Jun 2007 Posts: 16,150 Tennessee Scuba1 "color blind Kraut"
Scuba1 "color blind Kraut" Joined: Jun 2007 Posts: 16,150 Tennessee	They can keep that crap. Let's go Brandon "Shall not comply" with morons who don't understand "shall not infringe."

Re: Tiny business bail-out [Re: Scuba1] #6850043 04/21/20 12:43 PM 04/21/20 12:43 PM
Joined: Feb 2010 Posts: 8,536 Henderson, N.Y. Jefferson Co. W walleyed trapper
walleyed trapper W Joined: Feb 2010 Posts: 8,536 Henderson, N.Y. Jefferson Co.	Originally Posted by Scuba1 They can keep that crap. Illegal Aliens don't get one anyway !! w "Provisional/Interim" member of NYS Trappers Association Jefferson Co. Fur Harvesters I Support Non-Resident Trapping

Re: Tiny business bail-out [Re: cfowler] #6850054 04/21/20 12:52 PM 04/21/20 12:52 PM
Joined: Oct 2008 Posts: 538 s.e. mn T timbremn trapper
timbremn trapper T Joined: Oct 2008 Posts: 538 s.e. mn	I own a small business. 9 employees. Got my PPP loan last Friday. This will allow me to keep paying them for the next 8 weeks, and take care of monthly bills. Thankful for the money, but I would rather be open.

Re: Tiny business bail-out [Re: cfowler] #6850081 04/21/20 01:06 PM 04/21/20 01:06 PM
Joined: Mar 2012 Posts: 3,694 Nevadafornia L Lazarus trapper
Lazarus trapper L Joined: Mar 2012 Posts: 3,694 Nevadafornia	Timbremn, I'm with you, but didn't get the funds. Still open for business, for what its worth. My experience with interviewing a number of CPA's and lawyers is that many of the folks that got the PPP funds were multi million dollar loans and the banks showed a preference to processing loans for their customers who owed them loans. The bank gets 5% of the loan for doing the loan, so if you are a bank, it takes the same effort to process a $10,000 loan as it does a $10,000,000 loan, so if you're making 5%, which loan would you rather process? Oh, and if that same customer owes a loan to the bank, wouldn't you want to make sure they had the funds to pay you back? So banks (not all of them, I'm sure), got 5% of the $450B, and definitely enhanced the odds of getting paid their existing loans. Maybe instead of PPP, we should have called this The Bank Protection Act.

Re: Tiny business bail-out [Re: walleyed] #6850222 04/21/20 02:54 PM 04/21/20 02:54 PM
Joined: Jun 2007 Posts: 16,150 Tennessee Scuba1 "color blind Kraut"
Scuba1 "color blind Kraut" Joined: Jun 2007 Posts: 16,150 Tennessee	Originally Posted by walleyed Originally Posted by Scuba1 They can keep that crap. Illegal Aliens don't get one anyway !! w Plonker Let's go Brandon "Shall not comply" with morons who don't understand "shall not infringe."

Re: Tiny business bail-out [Re: cfowler] #6850224 04/21/20 02:55 PM 04/21/20 02:55 PM
Joined: May 2010 Posts: 28,978 potter co. p.a. P pcr2 "Twerker"
pcr2 "Twerker" P Joined: May 2010 Posts: 28,978 potter co. p.a.

Re: Tiny business bail-out [Re: cfowler] #6850239 04/21/20 03:10 PM 04/21/20 03:10 PM
Joined: Jun 2007 Posts: 16,150 Tennessee Scuba1 "color blind Kraut"
Scuba1 "color blind Kraut" Joined: Jun 2007 Posts: 16,150 Tennessee	It was a darn site easier to set up a company in SC than it was jumping through all those hoops at immigration thats for sure. Took nearly 5 years to get that sorted out. As of last year my missus owns the company and I just work there. But will still not accept a check from the gubberment. Those that do and then come on here to complain about socialism ..... well yea I'll leave it at that. Let's go Brandon "Shall not comply" with morons who don't understand "shall not infringe."

Re: Tiny business bail-out [Re: Scuba1] #6850703 04/21/20 08:57 PM 04/21/20 08:57 PM
Joined: Dec 2006 Posts: 7,521 WI>>>MN >>>WI T-Rex trapper
T-Rex trapper Joined: Dec 2006 Posts: 7,521 WI>>>MN >>>WI	Originally Posted by Scuba1 But will still not accept a check from the gubberment. Those that do and then come on here to complain about socialism ..... well yea I'll leave it at that. Yes, it has turned to Socialism. But, after those tyrants closed down my legitimate business I will take whatever meager compensation I can get. In the future my new backroom "manscaping" business will be operated under the radar. Man who mistake shillelagh for fairy wand; see pixie dust, also.

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