June 1, 2026

Hawaii social clubs improperly use loans…Hilo Yacht Club

0
29222

https://www.staradvertiser.com/2020/09/06/hawaii-news/hawaii-social-clubs-improperly-use-loans/

More than 25,000 Hawaii businesses and nonprofit organizations received forgivable federal Paycheck Protection Program loans earlier this year — but at least a few shouldn’t have.

Some private social clubs in Hawaii with golf, yacht, pool and dining facilities established to benefit members received PPP loans despite not being eligible.

These loans up to $10 million were made available in April to help small businesses primarily pay workers along with a smaller amount of expenses including rent and utilities to offset impacts from the COVID-19 pandemic.

What do you feel about this?

Leave a Reply

Your email address will not be published. Required fields are marked *