The Small Business Administration's Payroll Protection Program loan data has been published - PPP won

[Leonard Helplessness]

Well, this is really juicy. I already found a couple of companies I know were positively impacted that got fat loans. Not sure what to do with that information though.

How about companies that got loans but laid off people anyway? Found a few of those.

This is interesting, considering that the PPP loan forgiveness process is specifically designed to prevent companies from doing this. There's a lot of calculations that you have to run in order to show that you haven't made any changes to your staff compared to an equivalent lookback period, and you're not allowed to cut anyone's pay by more than 25% during the covered period or the forgiveness amount gets impacted.

Granted, my understanding of this is for how loan forgiveness worked prior to implementation of ihe 24-week covered period, which may have fucked up everything.

honestly i feel people that care about this deserve to be tortured, mutilated, and killed. The rest of the internet is exactly like you, a bunch of shitheads who believe some random small institute was the only one that took money. redditors like you dont give a fuck that the ADL, Planned Parenthood, PETA and other faggot groups got millions.

TL;DR congrats on successfully sweeping this up with your broom shannon

Source your quotes.

 

[2021Murder]

https://old.reddit.com/r/nottheonion/comments/hmksfr/in_sign_of_the_times_ayn_rand_institute_approved/

https://old.reddit.com/r/neoliberal/comments/hmm5ct/ayn_rand_institute_approved_for_ppp_loan_i_cant/

OC-based Ayn Rand Institute Received between $350K and $1 million in federal PPP loans

Posted in r/orangecounty by u/Tony_M_Nyphot • 99 points and 45 comments

old.reddit.com

Ayn Rand Institute accepts support from government PPP program

Posted in r/progressive by u/EconHacker • 355 points and 53 comments

old.reddit.com

https://gothamist.com/news/extra-extra-donkey-lullaby

https://www.forbes.com/sites/andrewsolender/2020/07/06/vocal-opponents-of-federal-spending-took-ppp-loans-including-ayn-rand-institute-grover-norquist-group/#7e132e103d53

The Tribal Mentality Behind Hit Pieces on Ayn Rand

Keith Lockitch and Elan Journo analyze two articles that are representative of the tribal mentality in journalism when it comes to analyzing Ayn Rand and her philosophy.

newideal.aynrand.org

"Laissez-Faire Capitalism" advocate Ayn Rand Institute approved for PPP loan

New information released by the U.S. Small Business Administration showed that the Ayn Rand Institute received between $350,000 and $1 million.

www.newsweek.com

https://www.reuters.com/article/us-health-coronavirus-ppp-ayn-rand/in-sign-of-the-times-ayn-rand-institute-approved-for-ppp-loan-idUSKBN248026

 

[Leonard Helplessness]

https://old.reddit.com/r/nottheonion/comments/hmksfr/in_sign_of_the_times_ayn_rand_institute_approved/

https://old.reddit.com/r/neoliberal/comments/hmm5ct/ayn_rand_institute_approved_for_ppp_loan_i_cant/

OC-based Ayn Rand Institute Received between $350K and $1 million in federal PPP loans

Posted in r/orangecounty by u/Tony_M_Nyphot • 99 points and 45 comments

old.reddit.com

Ayn Rand Institute accepts support from government PPP program

Posted in r/progressive by u/EconHacker • 355 points and 53 comments

old.reddit.com

https://gothamist.com/news/extra-extra-donkey-lullaby

https://www.forbes.com/sites/andrewsolender/2020/07/06/vocal-opponents-of-federal-spending-took-ppp-loans-including-ayn-rand-institute-grover-norquist-group/#7e132e103d53

The Tribal Mentality Behind Hit Pieces on Ayn Rand

Keith Lockitch and Elan Journo analyze two articles that are representative of the tribal mentality in journalism when it comes to analyzing Ayn Rand and her philosophy.

newideal.aynrand.org

"Laissez-Faire Capitalism" advocate Ayn Rand Institute approved for PPP loan

New information released by the U.S. Small Business Administration showed that the Ayn Rand Institute received between $350,000 and $1 million.

www.newsweek.com

https://www.reuters.com/article/us-health-coronavirus-ppp-ayn-rand/in-sign-of-the-times-ayn-rand-institute-approved-for-ppp-loan-idUSKBN248026

Figures that a ton of people would publish about them. The fact that a lot of big news organizations mocking the Ayn Rand Institute for taking gobs of government assistance doesn't make it much less funny in my view, given Ayn Rand's views on the concept of government assistance.

Granted, I don't even know why the Ayn Rand Institute exists. Are they trying to make any kind of change in the world or just vacuuming up money?

 

[President Joe Biden]

That question could be asked of almost any nonprofit or NGO.