PPP Loans

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My kid’s teensy tiny little preschool got $700k. They didn’t refund a cent during that time. Pretty sure the owner lined her pockets with it.

they couldn’t use the money for refunds?

There were fairly rigorous reporting requirements for how the money was used in order to be forgiven. Otherwise it was a loan that had to be repaid.

Rigorous?!? Are you familiar with the PPP program?!? I am thinking not.

[Anonymous]

This is crazy. I know at my school (who got a lot of money I see)it didn’t go in anyway to employees. We were open and in person and all the parents still had to pay. Soooo where did the money go? Did the tax payer pay for private schools to have pandemic related expenses like those dumb dots on the ground so they could stay open and public schools had to be closed. These privates are gross. Does Sidwell need 5.2 million 😳😳😳

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My kid’s teensy tiny little preschool got $700k. They didn’t refund a cent during that time. Pretty sure the owner lined her pockets with it.

they couldn’t use the money for refunds?

There were fairly rigorous reporting requirements for how the money was used in order to be forgiven. Otherwise it was a loan that had to be repaid.

Rigorous?!? Are you familiar with the PPP program?!? I am thinking not.

LOL looks like most every area DMV private school scored big! Congrats to the ones not found on that PPP search. I did not find St. Albans, NCS, GDS, Maret, St. Patrick's. I would like to hear why some schools took this money? This is wrong. Schools did not close. Tutiton for salaries was already there for out tuition dollars? Where did this money go to?

[Anonymous]

Bullis took over $4,000,000. Disgusting.

[Anonymous]

Anonymous wrote:GDS refused PPP money because taking the funds woukd have conflicted with the school’s focus on social Justice.

How so?

[Anonymous]

Anonymous wrote:

Anonymous wrote:What about Holton

Holton initially applied for and received a loan but eventually returned the money.

Really proud of Holton for this. It's embarrassing how much some of these school took with no cost of living increases for their employees.

[Anonymous]

Anonymous wrote:This is crazy. I know at my school (who got a lot of money I see)it didn’t go in anyway to employees. We were open and in person and all the parents still had to pay. Soooo where did the money go? Did the tax payer pay for private schools to have pandemic related expenses like those dumb dots on the ground so they could stay open and public schools had to be closed. These privates are gross. Does Sidwell need 5.2 million 😳😳😳

Rare is the school that covers all costs based on the parents who pay tuition. They also rely on the donations through the year too, especially the annual fund to cover operating costs, and donations were slim to none as everyone was donating to COVID direct costs elsewhere.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What about Holton

Holton initially applied for and received a loan but eventually returned the money.

Really proud of Holton for this. It's embarrassing how much some of these school took with no cost of living increases for their employees.

Yup, Susanna Jones specifically said the Trustees decided it was inappropriate once they considered the real purpose of the loans.

These last few years have been hard on these private schools, but I'm very proud that Holton did not exploit covid to get money.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My kid’s teensy tiny little preschool got $700k. They didn’t refund a cent during that time. Pretty sure the owner lined her pockets with it.

they couldn’t use the money for refunds?

There were fairly rigorous reporting requirements for how the money was used in order to be forgiven. Otherwise it was a loan that had to be repaid.

Rigorous?!? Are you familiar with the PPP program?!? I am thinking not.

Yes and I filled out the forms for forgiveness of a PPP loan for a small business. Did you?

[Anonymous]

Don't see Potomac in there either. Are the outliers the schools that took or didn't take?

[Anonymous]

This is far from the first thread on this topic and I have no idea why people are so angry about it. Why is it wrong for a school to take the money but fine for a clothing boutique or a pizza place? You’ll all be absolutely livid to know my church got PPP money too. Wah wah wah.

[Anonymous]

Anonymous wrote:This is far from the first thread on this topic and I have no idea why people are so angry about it. Why is it wrong for a school to take the money but fine for a clothing boutique or a pizza place? You’ll all be absolutely livid to know my church got PPP money too. Wah wah wah.

Public schools were closed. Did the taxpayer just pay for Sidwell friends to stay open and they had to be shut. Dry cleaners closed and had no buisness. Private Schools were open and we paid tuition. Why do they need 5.2 million dollars in loans. I was told private schools were open because they had the resources to stay open. I see how they paid for it. Nothing to see here I guess for some people. I have a child in private and public and this is disgusting.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What about Holton

Holton initially applied for and received a loan but eventually returned the money.

Really proud of Holton for this. It's embarrassing how much some of these school took with no cost of living increases for their employees.

Yup, Susanna Jones specifically said the Trustees decided it was inappropriate once they considered the real purpose of the loans.

These last few years have been hard on these private schools, but I'm very proud that Holton did not exploit covid to get money.

Agree. Very proud of Holton!

[Anonymous]

Why is this an issue now? Weren't there several threads on this in 2020 when it happened? Tons of businesses took PPP loans.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What about Holton

Holton initially applied for and received a loan but eventually returned the money.

Really proud of Holton for this. It's embarrassing how much some of these school took with no cost of living increases for their employees.

If Hilton is to be congratulated then GDS should be recognized also.