Author Topic: SBA PPP and EIDL Small Business Loans (some money is forgivable)  (Read 143887 times)

Offline Traveler718

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #3285 on: February 25, 2021, 11:09:50 AM »
Has anybody asked or looked into the halachos of giving maaser on PPP? Is it obvious that you have to since it's essentially income in the form of a forgivable loan, or is there a reason why it wouldn't technically be income since it came in the form of a loan that was only subsequently forgiven?

Offline YitzyS

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #3286 on: February 25, 2021, 11:17:47 AM »
Has anybody asked or looked into the halachos of giving maaser on PPP? Is it obvious that you have to since it's essentially income in the form of a forgivable loan, or is there a reason why it wouldn't technically be income since it came in the form of a loan that was only subsequently forgiven?
My rov told me that I have to give Maaser on it.

Offline aygart

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #3287 on: February 25, 2021, 11:23:30 AM »
My rov told me that I have to give Maaser on it.
I am assuming this is for a sole prop or similar?
Feelings don't care about your facts

Offline YitzyS

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Re: SBA PPP and EIDL Small Business Loans (some money is forgivable)
« Reply #3288 on: February 25, 2021, 11:45:28 AM »
I am assuming this is for a sole prop or similar?
Sole props