this post was submitted on 30 Jun 2023
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The woman who sued to have this struck down took a PPP loan worth $48,000 from the government. She then had all but $4 forgiven, after which she proceeded to sue against student loan forgiveness which would of forgiven 20k of federal loans, and 10k of private loans.
Ghouls
Small business tyrants have been looting the treasury for the last three years. You would not believe the amount of free money given to some of these ghouls. $48k is nothing compared to what I've seen.
The average loan size was 250,000. 5-50 million was also very common.
Massive corporations also got absurd quantities of money.