Timmah!

I've never had it, so I can't say it would be entirely bad; but it looks like it came off the mud flap of a '72 F0rd that's been mud runnin'.

That's not a euphemism, is it?

Here; happy n0w?

...then just eat 3 of these sandwiches." -Tahir

You're not getting a dick pic, Mr.

760,000 cents / 150,000,000 tax-paying adults = 0.0050666 cents. Rounding up, I oweyou fifty one ten-thousandths of a cent. Will hold on to it for ya.

Well, in that case it doesn't really matter. don't think I experienced a 25% reduction in gross revenue in '20 compared to '19 anyh00.

https://youtu.be/S8kPqAV_74M

That's funny stuff! Hey, when you're bindin' them b00ks, do you sometimes pull the ligature extra tight & say something like 'Yeah, talk to daddy?" Kinky nerd, you.

All goo, just bullshittin' around. H0ser bank of commerce.

Cue semantics.

Ok, Mr. Wopat. =D

So my 1099, a couple bank statements from my business accounts showing I was operational in late 2019 & again still in Feb. of 2020. And proof of deposit. This is a PPP2 loan; gig workers weren't eligible for first round PPP loans.

And the part of scrutinizing the hell out of these loans; which ones do you think they're scrutinizing the hell out of? The $50,000 & under loans that have literally 5 boxes to calculate forgiveness & an already ~90% forgiveness rate... or the multi-page $150,000+ forgiveness applications that are running payroll as a multiple-employee corporation?

Also, it wasn't the bank just willy nilly "pass these "loans" out to get their "fees". Having been 2 weeks since application, this means that it was firstly approved by the SBA before disbursement to yours truly. Also: willy-nilly.

'The SBA has so far received 1,346,125 forgiveness applications for approximately $170.5 billion. SBA has made payment on nearly 85% of the applications, forgiving over $100 billion. For the smallest borrowers with loans up to $50,000, 88% have been approved for forgiveness.' This was at the time of the article's writing, Jan 12. Relatively speaking, I would tend to disagree with your interpretation of 12% being 'many having to repay.' I'd be willing to take a wager on that I have it forgiven. Could always use more free $$. And more particularly, being that the whole amount is forgivable as Paycheck Protection according to the gov's own directed formula, the only documentation I need is it having been deposited into my bank account. Of course, I could be totally wrong about the whole thing. Either way, @1%, 5 years to pay it off & many multiples of that sum at my disposal, the worst it's gonna be is a very cheap loan. *https://www.sba.gov/article/2021/jan/12/11-million-paycheck-protection-program-loans-forgiven-so-far-totaling-over-100-billion

That shit's hilarious! Glad someone's starting to play along.

The loan was designed to be forgiven. For a Sole Proprietorship, the calculation for the loan is Gross Yearly Revenue divided by 12, multiplied by 2.5. Guess what's the formula in the Forgiveness Application? GR/12 X 2.5. https://www.sba.gov/sites/default/files/2021-02/PPP -- Forgiveness Application and Instructions -- 3508S (1.19.2021)-508.pdf "Owner Compensation: Any amounts the Borrower paid to owners (owner-employees (with an ownership stake of 5% or more), a self-employed individual, or general partners). For each individual owner in total across all businesses, this amount is capped at (a) $20,833 (the 2.5-month equivalent of $100,000 per year), or (b) the 2.5-month equivalent of the individual’s applicable compensation in the year that was used to calculate the loan amount (2019 or 2020), whichever is lower.

Also, I capitalize the 'C' in Canada, please reciprocate.

This particular bank is named after the city in which it was founded. But I don't care what they call the bank when they're helping me get free m0ney!! =D Seriously though, it's named after its founding location in Cecilia, Ky. Great institution with a still small-town familiar feel when you enter through its doors. https://www.thececilianbank.com/about/

https://youtu.be/idx3GSL2KWs?t=85

Yeah, you know me! Get 'em while they're h0t!

Yeah well, Gates isn't gonna invent it; he buys his operating systems.