Please, If You Don’t Need It, Don’t Take It; If You Took It and Don’t Need It, Repay It
Recent press coverage has been rife with stories of public companies taking forgivable loans under the Payroll Protection Plan (PPP). In times of economic uncertainty, it’s understandable that many businesses quickly applied for whatever programs were available. But businesses with strong banking relationships crowded out many nonprofits from accessing the funding stream. The initial $349... Read More