“Take out a loan for $3 million, pay interest of about $35k and with loan principal forgiven make almost $3 million over the next three months...even if we dont need it.
Is this a great country or what????”
Certainly said Business needs to document the expenditures, no?
I would think so. I’m just surprised there is no needs test.
Yep. But the revenue to cover them doesn't have to come from sales. The free money gets taxed in the next cycle because it drops to the bottom line.