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800grandave t1_j1cwvt8 wrote

Reply to comment by ripecannon in Hallowell pub faces $17,000 fine for nearly 700 child labor law violations by DrMcMeow

warning hearsay. but my understanding, from my boss where i was in the industry, 75% of ppp loans had to be earmarked for payroll. im sure they used magic accounting to make this work. not condoning anything, trying to understand.

im sure some smart person will fill us in about the loans, and the general nature of shitty bar owners, just dont yell at me.

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ripecannon t1_j1cx69s wrote

Well, I know for a fact a certain restaurant i dont want to name, used their entire PPP to buy a boat.

I know of another restaurant in Brunswick, which I was working at the time, that used their loan for their employees.

So, in my conclusion, I don't think anyone in the government was keeping up with what the loans were used for

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lantech t1_j1d0p17 wrote

why don't you want to name

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ripecannon t1_j1d3ss5 wrote

I might not like the owner, but I'm not going to dox a business that I have friends working for.

Also, as much as I don't like what he did, I don't believe it atrocious enough to warrant vindictive behavior.

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snackexchanger t1_j1der61 wrote

I would call reporting that behavior just, not vindictive

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ripecannon t1_j1dmu1j wrote

No, it's vindictive, considering whatever I say is hearsay. I also don't want to do anything that might jeopardize my friends job. It's hard enough for people to make ends meet, even if it is a dead end job.

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Ambitious_Ask_1569 t1_j1escxm wrote

Billions went to Chinese Shell companies....I don't think oversight was what they were looking for.

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2SticksPureRage t1_j1dqoki wrote

I thought it only had to be earmarked for payroll if they didn’t want to have to pay the loan back. If they choose to pay the loan back they could’ve used it for anything? I am probably most definitely wrong though.

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