What is a 100% forgivable loan?

[soulbrotherman#1]

From what I've seen people say it means you don't have to pay the loan back? Who's the fucking retard who's going to "loan" money that doesn't need paid back?
Who's the retard who would pay back a "loan" that you don't have to?

This all seems very black to me

 

[BakersfieldChimp]

Generally a forgivable loan is one that you don't have to repay provided you meet certain conditions. If you don't meet those conditions then you have to pay it back.

 

[JoeCumiawearsDIAPERS]

Free money

 

[aRTie02150]

Generally a forgivable loan is one that you don't have to repay provided you meet certain conditions. If you don't meet those conditions then you have to pay it back.

Condition 1

You need to be black.

 

[BakersfieldChimp]

Condition 1

You need to be black.

If we're talking about the '$20,000 for black or latino men' Niggala Harris shit then we should read the first sentence of the proposals that says it's available to everyone. The conditions would be that you actually start a business and use the money for business expenses.

 

[soulbrotherman#1]

If we're talking about the '$20,000 for black or latino men' Niggala Harris shit then we should read the first sentence of the proposals that says it's available to everyone. The conditions would be that you actually start a business and use the money for business expenses.

Can one make a weed smoking business?


I think some CWC video randomly showed all the PPP loan fraud like that so I'm assuming it'll be fine to open a NBA 2K All Day business

 

[BakersfieldChimp]

Can one make a weed smoking business?


I think some CWC video randomly showed all the PPP loan fraud like that so I'm assuming it'll be fine to open a NBA 2K All Day business

Weed is still illegal federally so I'd guess no.

Oh yeah, these programs would 100% be abused by every nigger and spic. It also has zero chance of passing congress.

 

[Toast]

Yeah, it's called the PPP business loans for covid. We got a 2 million loan we didn't have to pay back. Thanks, jews? Well i guess we did pay people to sit home for 2 weeks when they tested positive. Don't think it was 2 million worth of payroll though.

 

[Nigger John]

Bubbler’s mom gives them out hahaha

 

[The Shah of Iran]

From the late 90s til early 2010s, Rangers Football Club paid their players by way of Employee Benefit Trusts (EBTs) which is a loan you never have to pay back unless the lender asks you to (which in this case they never did). It's a way of paying people money on which no tax needs to be paid, which in turn gives the club more flexibility financially. They got away with it because there weren't laws governing it at the time.

Basically it's a way to make someone a way more competitive offer because it's usually an amount that's >6 figures which is taxed in most places at 50%.

 

[despacito69]

Generally a forgivable loan is one that you don't have to repay provided you meet certain conditions. If you don't meet those conditions then you have to pay it back.

Sooooooooo. A regular old grant with a fancy new name?

 

[LingerLonger]

Who's the fucking retard who's going to "loan" money that doesn't need paid back?

This is how every corporation that receives 'bailout' money or government loans works. They know that they can get hundred of millions or even billions in free money from the government and plan their finances out accordingly. It's not stupidity it's a flat out scam or criminal enterprise. The Mafia is busy scamming people out of money for their garbage routs. But the Federal U.S. Government gives a few billion out every year to solar panel companies alone that never builds anything.

 

[Patty's Stubby Fingers]

Sounds antisemitic. I'm all for it