CFO Simplified President Larry Chester elaborate on how companies, churches, strip clubs and more use PPP loans and must abide by strict PPP guidelines.

CFO Simplified: ‘The government…provided a nice avenue for companies to get some money to…survive in this difficult time’

Posted: Jul 8, 2020 / 01:44 PM CDT / Updated: Jul 8, 2020 / 01:44 PM CDT

FILE – In this April 21, 2020, file photo Treasury Secretary Steven Mnuchin speaks about the coronavirus in the James Brady Press Briefing Room of the White House in Washington. The Trump administration has abruptly dropped on Friday, June 19, its insistence on secrecy for a $600 billion-plus coronavirus aid program for small businesses. Mnuchin refused to do so at a Senate hearing last week, saying the data was “proprietary information.” (AP Photo/Alex Brandon, File)

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CFO Simplified President Larry Chester joins John Williams to elaborate on how companies and churches alike use PPP loans, which do have strict guidelines. And Larry explains why business owners will not be able to bend those rules to their sole advantage.