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Employee retention Act.
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cornmill
Posted 12/3/2022 11:51 (#9963048 - in reply to #9962632)
Subject: RE: Employee retention Act.


Northern Indiana
It is legit. Our bank had a company contact their customers to apply. Bank gets nothing but the company applying for us gets 25% of the reimbursement. Cost nothing to apply other than filling out paperwork. We had 10 employees and kept everyone working. the payback if we get it is substantial. We felt the same way as you guys at first. But if you don't try, I guarantee you will get nothing. We also received a PPL loan that was eventually forgiven. I understand those that want to have higher standards than taking a handout. But keep this in mind. Number one your competition did not have any problem taking the money, 2 you have an obligation to the stockholders, customers and employees to be finically sound. Biggest thing is it was legal and offered for a reason.
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