PayCheck Protection Program

[Matt D.]

Hello

It’s interesting because the banks are now sending something out making you certify 100% that is absolutely “necessary” that you get these funds in the Paypal Protection Program. I’m not sure what that means. Does it mean I’m going to homeless if I don’t get those funds? I have had to stop hiring workers and subcontractors and had about 5 projects go sideways because of financing and this mess. Do I have to quit playing golf? Do you have to dip into your kids college savings to survive? Do you have to max out credit cards? I’m not sure I understand this new interpretation.

I don’t understand whether this is a welfare check or if it’s an economic stimulus check where I can hire people and kick butt a little bit harder. What is the intent?

I wonder if some of other flippers are getting these emails because the banks are telling people to give back the checks if this is not the case.

I was turned down for financing on about five applications lately. Does anyone in this forum understand where the line is drawn?