Comment

Comment by CPLX

This is interesting, but might lead to more confusion.

I've struggled to be absolutely sure on this point myself but my understanding from talking to my accountants is that there are terms in the bill that's currently moving through congress that will greatly affect what SBA options are available for startups and diverge sharply from what's listed here.

For example there's no mention here for the forgivable nature of loans used for payroll and similar expenses, which is a really crucial concept that I believe is in the final bill.

In their defense they're talking about disaster loans here which is a specific thing, but this is still a pretty fast moving topic and I think the site would be better off with an intro that spoke to these points.

parent CPLX 6 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton