It should be noted that anyone can see if their employer took a loan, how much and if it was forgiven.
Mine did.. they received $2.3 million dollars and gave all 75 employees $250 and if we got covid we were paid up to a week.
Averaging for ease of math with 100 employees making $30/hr that's $120,000 total max and then add the $25k… where is the other $2.2 million? As I understand to be forgiven 60% of funds had to go to payroll… my employers loans were forgiven..
And while i dont believe for a second that any co workers or myself will see a penny more what I want is the 15-20 mins my boss makes me be to work before my shift begins, clock in and then changes our time cards to reflect punching in on the hour. So I lose 1-3 hrs a week..
For a long time I was on the wrong side of life.. I was homeless as a teen. Spent a decade incarcerated but I put my shit together and today have a family, career and own a home. Earlier today I happened upon the 75% article and I was sick. I had already been stewing upon seeing the loans but reading that 60% needed to go to payroll to meet threshold for forgiveness really made me want to puke.
I know plenty others are in the same boat.. Hopefully one day we can band together and row in unison as we form a worker union or something for the average employee to protect our interests from bs like this..
And so the rich get richer
sigh