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Originally Posted by corporatejay
Weren’t the PPP loans designed to be forgiven when they were granted? Wasn’t it done so that employers didn’t just terminate a bunch of employees and put them on EI?
I’m confused how these are comparable. I could be wrong about the PPP though.
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Yeah. It's been hashed out in this thread. They were basically grants given with conditions that you that you kept your employees on the payroll, or you had to pay it back if you didn't.
The more pertinent question is why does a youtube/podcast creating company would face hardship during the pandemic, which was the point of the ppp loans. I'd imagine a right wing podcast company probably benefitted from the controversy of pandemic shutdowns.