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by lquist 1595 days ago
My business received about 1.25M from PPP. It was essential cash flow for us and helped save the business (from a cashflow pov) but it was also 100% a massive handout. On a systemic level it makes some sense I guess, but at a micro level it seemed like a bailout to the people who needed it the least. There is also basically no reason it had to be a handout vs an actual loan that required repayment.