This is an example of what happens when Congresscritters try to give away more money to buy votes.
The rules were arbitrary and not well codified, but the rules that Congress passed were difficult to understand.
Difficult, but not impossible.
Until the lender (Uncle Sugar) changes his mind.
I don’t think most people realize how much money was handed out in PPP. My brother in law’s small company got $64,000. His employees never missed a day of work. The company that I worked for before I retired got millions. They have virtually no employees, everything is subcontracted. They did not close down at all.
“Approximately $800 billion in Paycheck Protection Program (PPP) loans were issued, and 92% to 96% of those loans have been fully or partially forgiven, according to U.S. Small Business Administration (SBA) data analyzed by NPR.”
Fraud pure and simple...