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District of Columbia

Cicada

(4,533 posts)

9. PPP loans, paycheck protection program. Schools have payrolls.

Reply to mahatmakanejeeves (Original post)

Sun May 10, 2020, 07:20 AM

May 2020

These loans are forgivable if you use the money to keep paying wages. The provisions of the law explicitly state that nonprofit organizations are eligible. These funds are aimed to go to workers, not employers. So I have no problem with Sidwell getting such a loan.

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Why Did an Elite D.C. Private School Receive a Small Business Loan? [View all] mahatmakanejeeves May 2020 OP

DAMN! elleng May 2020 #1

Disgusting!!!!!! jimfields33 May 2020 #2

Obama and Clinton sent their kids there Mad cow May 2020 #3

That's fine. Still absurd to spend 40 grand a year for grade school and high school each year jimfields33 May 2020 #4

I totally agree, just pointing out how elite the clientele is Mad cow May 2020 #6

It's not a dump, it's not a fraud, and continues through high school. elleng May 2020 #7

Everyone sure gave Ruth Chris steak house a big problem doing the same thing. jimfields33 May 2020 #8

The loans are designed to keep workers employed, workers get the money Cicada May 2020 #10

The school can't. Come on. I get why just don't believe the school is not able. jimfields33 May 2020 #11

Right, the school is surely able to take care of itself, no doubt; elleng May 2020 #12

You got the right about repugs jimfields33 May 2020 #13

Jimmy Carter sent his daughter to DC public school delisen May 2020 #5

PPP loans, paycheck protection program. Schools have payrolls. Cicada May 2020 #9

They have a 52 million dollar endowment jimfields33 May 2020 #14

I'm sure not every student's tuition is at the full amount. mahatmakanejeeves May 2020 #15