Luke Rosiak

@lukerosiak ↗

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Last Checked April 3, 2023

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Tue Feb 14 23:11:58 +0000 2023

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Luke Rosiak @lukerosiak

SBA claimed (without actual analysis) that it would cost too much to even attempt to claw back $100,000 checks that are wrongly paid. The IG notes that SBA is supposed to refer these cases to Treasury, which can withhold money from future tax returns, etc. — PolitiTweet.org

Posted Feb. 14, 2023

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Luke Rosiak @lukerosiak

In the name of "equity," the SBA will not even attempt to collect on any coronavirus PPP loans that are supposed to be repaid, as long as they are under $100,000. The IG has major concerns about SBA's justifications, and the precedent it sets. https://t.co/2rZiLGHbMU — PolitiTweet.org

Posted Feb. 14, 2023

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Luke Rosiak @lukerosiak

Most PPP loans were forgivable and converted to loans, but these are cases where the business was supposed to actually pay them back. They didn't, and there were no consequences--creating an atmosphere of coronavirus bailout as lawless free-for-all. — PolitiTweet.org

Posted Feb. 14, 2023