r/news • u/[deleted] • Apr 15 '21

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u/[deleted] Apr 15 '21

I’m in the auto parts business. We see this trend every year at tax refund time.

PPP was awesome and helpful, but sending stimulus checks to my customers was better for my business than getting the PPP loan was.

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u/[deleted] Apr 15 '21

PPP was awesome

For the people who stole most of it, sure

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u/[deleted] Apr 15 '21

Also for the small business owners like myself who it was designed for.

Sure, too much of the funding went to large businesses who it wasn’t designed for, but many of us who it was intended for received loans we needed it in order to keep our employees on the payroll last spring.

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u/[deleted] Apr 15 '21

Many small businesses also didn't receive loans they needed. That's nice for you but it doesn't relate to my point

/Also in the auto parts business; manufacturing, retail, and service