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JJohnston015 t1_ixagegj wrote

I've never understood the whole "obtaining loans fraudulently" thing. How do you benefit? Don't you have to pay them back? Do people figure they can invest the money and make more than the interest they're paying? Has that ever actually happened?

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emceemcee t1_ixbj2dw wrote

PPP Loans were largely forgiven if the money was used for payroll, I believe.

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HPmoni t1_ixdpmdw wrote

Criminals are short sighted.

But yeah. A smart person can turn a million into$1.1 million in a few months.

The loans later became grants.

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