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Originally Posted by Our03z4
Wow! I just looked up where I live and I'm appalled by what I saw. I think my two companies were the only ones that didn't take any money, even though we lost 6 weeks of work. No one paid the loans back of course. Crazy thing was most of the ones that took money would have seen little to no loss. The businesses that would have needed it (and I know for a fact were hurting badly) took very little. Crazy world.
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It was actually waaaaaaay easier to get more money and have it forgiven if you are a bigger company with more employees. Since you did not have to prove any kind of hardship. I could be wrong it’s been a while, but it was something like X% of your payroll expense would be forgiven as long as you didn’t lay anyone off for a certain amount of time. So even if you were doing great but have a bunch of employees so you have a high payroll you could request a bunch of money and know it would be forgiven.