What is one of the main concerns regarding the loan forgiveness process?
Mnuchin Says U.S. Should Consider Forgiving 'Small’ PPP Loans

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Business, Social Studies
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The high interest rates
The complexity of the process
The lack of available loans
The short repayment period
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is being considered to simplify the PPP program?
Eliminating the need for documentation
Extending the repayment period
Increasing the loan amount
Reducing the number of eligible employees
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the administration support regarding the PPP funds?
Returning unused funds to the treasury
Using existing funds and adding more
Ending the PPP program
Distributing funds equally among all businesses
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is a revenue test being considered for businesses?
To ensure funds go to businesses with significant revenue declines
To increase the number of eligible businesses
To simplify the application process
To reduce the overall loan amount
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the administration's stance on working with Congress regarding conflict rules?
They are opposed to any changes
They are open to collaboration
They prefer to work independently
They want to eliminate all rules
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