DAMMNNNN! My buddy just got a $500k EIDL loan! PPP ain't shit!
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Grant (as I read it) is only a grant if you get denied. It also gets deducted from your PPP loan amount if you did that. Lastly, they changed the rules so it's 10k or 1k per employee only. So not exactly awesome.
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We gotta save money for the airlines so... um... we can... ???????
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My take: Airlines have unionized employees, so matter politically. They also buy from Boeing, which is a captive quasi-gov't entity at this point given their amount of DoD contracts. Most importantly, congress wants them flying so they can get to DC easily!
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