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Joshua Lance Profile picture
Joshua Lance
@lancejd1
Founder at @lancecpagroup; Head of Accounting at @ignitionapp; Adjunct Faculty at @northwesternu & @uvmvermont; CPA Practice Advisor 40 under 40, MP Elite 2022
Apr 16, 2020 • 32 tweets • 10 min read
Some Thoughts on the #PPPloans and other small business stimulus now that the funds have dried up (hopefully temporarily). Some overriding thoughts I have are 1. The method and some of the issues of getting funds out, 2. The purpose of the funds, and 3. Where we go from here. 1/x On the methodology of the #PaycheckProtectionProgram I know given the data out there that loans seemed skewed towards larger "small" businesses. I think that stems from a number of reasons. The first being just how banks work. 2/x