Told these niggas to relax with that, we MAGA 2020

you Have no ideas what you’re talking about 😂. Stop responding to me.

as far as i'm aware there's still a lot of money left, yes, so it hasn't all been processed or used yet. as of June 11, there was $130B left (cnbc.com/2020/06/11/why-businesses-arent-rushing-to-claim-the-130-billion-in-ppp-loans.html)

or big corps registered in countries like Ireland to evade tax but y'all still buy the Iphone every year while Kanye is advocating to bring back businesses to the US

Passed in May, the PPP is meant to serve as a lifeline for small businesses battered by the pandemic in an effort to save jobs while employers are financially struggling. The loans are forgivable if businesses spend the funds on eligible costs, but the amount of forgiveness is reduced if a company reduces the headcount of full-time employees or cuts pay by more than 25 percent.

The Small Business Administration's Paycheck Protection Program let most companies with 500 or fewer employees apply for loans to cover the cost of eight weeks of payroll. The PPP loans cover up to two and a half times the company's average monthly payroll costs, up to $10 million with a cap of $100,000 per employee. Sole-proprietorships, independent contractors and some self-employed workers were also eligible — and because contractors could apply on their own their payroll costs couldn't be included in the application from the company with which they work.

I'm only going off what it says in the article. Nothing it says there seems to contradict the purpose of the scheme

isn’t the approval process typically 10 days or something around that timeframe though. If he isn’t taking money from small businesses and is able to keep employing 160 people for 10 days, I don’t see the problem.

Dudes been a cuck for a minute now

Nah don’t me. You niggas don’t read and get caught up in the slogans

Again. These loans are for if bill gates opened a small sandwich shops. It was suppose to go to business owners that couldn’t get a loan under normal circumstances. Kanye is rich enough to get a business loan on his own without the hoooplah

Didn’t the Lakers apply for this lmao

lots of edgelords itt

its literally 3 posts above his post

Pathetic

The f***ing LA lakers got a loan and guess what? They gave it back because they don’t need it.

They didn’t apply they got it and returned it.

Damn what did you read

They only gave it back after the bad press

The lakers are way more profitable than Yeezy. Clearly they did need it because they saved 160 jobs with it.

They only gave it back because people were calling them out lol

It doesn’t matter. I’m not sldefending their reasoning. Just the fact that they did it

I'm sorry but your example of Bill Gates opening sandwich shops really doesn't seem relevant to anything so I'll just ignore it thanks

Of course it matters lol.

They didn't just randomly get money. They applied for it before all that

"The Lakers applied for the loan under the Small Business Administration’s Paycheck Protection Program, a part of the federal government’s $2.2 trillion stimulus package. The Lakers’ request was granted in the first round of distribution, but after the fund ran out of money in less than two weeks, the team returned its loan, as did several wealthier business including Shake Shack and AutoNation."

Damn how many jobs they lose?