IMHO they should have done a compromise where the terms of eligibility were closer to 2nd draw in that you needed to have an actual emergency, huge sick leave, late bills, etc. Or at least high likely hood.
Still give it out right away. Just put a checkbox on the form. And then follow up with the details on forgiveness later.
If a company jumps the gun, they think things look black, but in a month it turns around and they are fine allow them to return it or keep it at a low (but not crazy low) interest rate.
For foreignness prove the loss/necessity.
So can go after egregious abusers. Because it wasn't abuse if you took it and didn't need it. So long as used for payroll, rent, etc. Because why wouldn't you take free money. We did.
Still give it out right away. Just put a checkbox on the form. And then follow up with the details on forgiveness later.
If a company jumps the gun, they think things look black, but in a month it turns around and they are fine allow them to return it or keep it at a low (but not crazy low) interest rate.
For foreignness prove the loss/necessity.
So can go after egregious abusers. Because it wasn't abuse if you took it and didn't need it. So long as used for payroll, rent, etc. Because why wouldn't you take free money. We did.