Anonymous
Post 07/06/2022 00:14     Subject: PPP Loans
Anonymous wrote:What about Holton


Holton initially applied for and received a loan but eventually returned the money.
Anonymous
Post 07/05/2022 22:52     Subject: Re:PPP Loans
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.


Not really 60 percent I believe on payroll which I am told tuition dollars pay for. So where did all this money go? Sidwell 5.2 million what’s the accounting on that. This sounds like a slush fund.
Anonymous
Post 07/05/2022 22:46     Subject: Re:PPP Loans
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.
Anonymous
Post 07/05/2022 21:55     Subject: PPP Loans
What about Holton
Anonymous
Post 07/05/2022 21:33     Subject: Re:PPP Loans
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?
Anonymous
Post 07/05/2022 21:31     Subject: PPP Loans
GDS refused PPP money because taking the funds woukd have conflicted with the school’s focus on social Justice.
Anonymous
Post 07/05/2022 21:13     Subject: PPP Loans
5M for Sidwell…
Anonymous
Post 07/05/2022 21:03     Subject: PPP Loans
Anonymous wrote:
Anonymous wrote:Yea, it's pathetic.


How does this work? I am naice on this process. I don't understand how Sidwell for example gets a 5.2 million dollar loan and Landon 2.7 ( sorry not picking on them I have a child at each).


How did they get the money ?

Because their Boards all have lots of Finance people on them, bankers etc.... so they got a tip and , with that, first dibs on the free , easy money

Access- it is what it is about
Anonymous
Post 07/05/2022 21:00     Subject: Re:PPP Loans
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.
Anonymous
Post 07/05/2022 20:12     Subject: PPP Loans
Anonymous wrote:
Anonymous wrote:Yea, it's pathetic.


How does this work? I am naice on this process. I don't understand how Sidwell for example gets a 5.2 million dollar loan and Landon 2.7 ( sorry not picking on them I have a child at each).



Looks like it is higher loans for higher numbers of employees. How does Sidwell have over 300 employees? They must not have subcontractors for food and cleaning services.
Anonymous
Post 07/05/2022 17:51     Subject: Re:PPP Loans
naive sorry.
Anonymous
Post 07/05/2022 17:50     Subject: PPP Loans
Anonymous wrote:Yea, it's pathetic.


How does this work? I am naice on this process. I don't understand how Sidwell for example gets a 5.2 million dollar loan and Landon 2.7 ( sorry not picking on them I have a child at each).
Anonymous
Post 07/05/2022 17:38     Subject: PPP Loans
Yea, it's pathetic.
Anonymous
Post 07/05/2022 17:35     Subject: Re:PPP Loans

My son's school got more than 2 million
Anonymous
Post 07/05/2022 17:32     Subject: PPP Loans
WOW! No wonder we have record inflation. Some of these schools should be ashamed.

https://projects.propublica.org/coronavirus/bailouts/