Rapping PPP Fraud?! PPP Round 2 PPP EIDL Self Employed Independent Contractor Sole Proprietorship

PPP round 2 PPP Loan Update EIDL Grant Small Business Grants Update for January 27th, 2021.

Emerging rapper/producer J.U.S. from the great state of Michigan, recently put out an album called GOD GOKU JAY.

Now I know what you’re thinking, Andrew, why are you talking about rap music?

Well, track 7 on the new J.U.S. album is called PPP, and the hook of the song is a bold, brazen, and brash claim that he and his friends committed PPP loan fraud.

The song goes: “I did a scam with my mans on that PPP, I’m out for presidents to represent me”

Wow, I know he’s likely kidding and using the PPP as a metaphor for making large amounts of money through scamming, but I bet J.U.S. will be seeing the IRS quite soon.

Meanwhile, the SBA released data for the newest round of PPP loans last night, revealing that billions of dollars have already been approved for struggling small businesses.

The SBA has approved 400,000 Paycheck Protection Program loans worth $35 billion so far in 2021, showing that they are doing their best to help small businesses with…