this post was submitted on 31 Aug 2024
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Explain Like I'm Five

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I ask because a couple in a state next to me just pled guilty for stealing not one PPP loan at 2.1 million and a second at 1.6 million? Did I miss out on something by being above board?

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[–] TheDuffmaster@lemmy.world 27 points 2 months ago

A lot of large companies would file with their subsidiaries, pretending to be much smaller companies and thus eligible for these loans meant for small businesses.