Holy unintended incentivequences batman
“If the recipient does not use at least 60% of the money on payroll, [it] becomes a loan with an interest rate of only 1% — much cheaper than a traditional Small Business Administration loan, whose interest rate can range from 5.5% to 8%.”
Quote Tweet
Their company got a PPP loan. So why are they still unemployed? latimes.com/business/story
6
10
76


