The Government Gave Free PPP Money to Public Companies Despite Warning Them Not to Apply
But the SBA declined to provide evidence of how it is evaluating whether public applicants were honest when they said their loans were “necessary.” Experts say that’s because lawmakers offered no specifics on what they meant by “necessary” from the outset, leaving the program’s administrators with no objective basis on which to demand repayment.
…but the passing of the buck is forever.
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