ATA received over $170K in PPP Loans.

Would you believe the ATA received over $170,000 in PPP Loans from the Government? That is Payroll Protection Plan for COVID relief.

I haven’t seen the paperwork on this yet. Shortly I hope.

I report. You decide.
merlo out

 

They are just like our crooked government only on a smaller scale. Neither of them can be trusted. Roger C.

 

To answer the question
Yes, I believe it.

I have a question. Why would anyone be "shocked" or even surprised at this? It's the ata

"A bear's sense of smell is so acute that they can detect an animal carcass upwind from a distance of 20 miles"

The bears have nothing on the ata. It's approximately 645 straight line flight miles from sparta to washington DC and the boys at the ata sniffed that money out no problem.

.

 

Did the ATA follow the rules / law for the Government PPP program for businesses or did they do something illegal?

 

I wonder where most of it went?

 

I know where you are going with that. Probably all "legal"

I would be curious to know if all that money actually went to the employees for their salaries.

 

He who lives in glass house, should not throw stones

 

The loan(s) may be double that. The loans have been repaid or forgiven

 

It appears none of the monies have to be repaid. Latest paperwork to come in:



Thanks to you guys in the trenches.
I report. You decide.

merlo out

 

Almost all of the businesses I call customers got forgiven PPP loans. My bank contacted me about one but I declined, I thought the shutdown period would be short. Rules were that you could only use it for rent, payroll, and possibly utilities. There was extensive paperwork to apply and to prove it was used properly and within the prescribed time period. The rest had to be returned. For my small customers, it kept them afloat till they could operate again; all didn't meet the requirement that they be "essential".

 

So what? PA got one as well. I'd be much more upset if this option was available and they did not take advantage of it. To me that would be malfeasance to not take advantage of a financial program that would benefit the organization.

 

I read about the ATA’s Payroll Protection Program loan in the Independent Auditors Report provided to our Delegates.

Reviewing the requirements, I see that in addition to payroll costs, Small Business Administration (SBA) PPP loans were also permitted to be used for rent/mortgage interest; utilities; covered property damage; covered operations expenditures; covered supplier costs, covered protection expenditures and “other.”

 

The ATA problems are the result of mismanagment, not covid. That program was put in place to help small business get through this mess called covid.

 

Jumanji- you missed the part where the OP didn’t say whether it was good or bad. Are your panties too tight or what?

 

Yes, because OP has such a long and storied history posting positive content about the ATA. And the followup posts definitely were overly positive in nature.

I don't know how I missed it, thanks for pointing that out. Nuance is definitely your strong suit, keep it up.

 

Jumanji….what has merlo posted that you think was false or misleading? Facts seem to bother you. There are other forums where content is limited.

 

How did you make that leap? Reading comprehension seems to elude you.

 

How many here returned their stimulus checks?

 

I tried but it came back "return to sender-no one intelligent at that address".