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A comment on A pandemic rescue became a 30-year debt trap.

Re:A pandemic rescue became a 30-year debt trap by anonymousiam on Sunday January 18, 2026 @11:47PM (#46675151)
I didn't need or apply for a CoViD19 business loan, but I know people who did. As I understand it, the loans are FORGIVABLE, so it was basically free money, with some strings attached.

https://www.irs.gov/newsroom/cares-act-coronavirus-relief-fu...

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Re:A pandemic rescue became a 30-year debt trap by iancmceachern on Monday January 19, 2026 @11:49AM (#46681191)
Why the all caps?

Some of the smaller ones were.

Most of the larger ones were definitely not.

"These loans are not forgivable and must be repaid"

https://www.sba.gov/funding-programs/loans/covid-19-relief-o...

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