this post was submitted on 03 Mar 2025
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@sc_griffith
They made $45 billion in revenue in 2023 ($1.3 billion net), so I'm sure that is a factor.
If you owned $219,000 in stock and grossed $45,000 a year, and had $31,000 in cash, could you borrow $16,000?
I think it's more like $188,000 in stock, $31,000 in cash, annual pay of $45,000, and you currently have a $60,000 loan. the new loan would be an additional $16,000