This is my first post on this subreddit, please let me know if this should be posted elsewhere. I’m lucky enough to have been able to work from home during this pandemic. I live in San Diego, CA. There’s a bar/restaurant in my neighborhood that had to shut down due to coronavirus. They applied for a Federal PPP loan and requested $40k. They received $12k which won’t even cover 2 months rent. This restaurant is our local “Cheers”. Over the years my family has gotten to know the owners and it breaks my heart that they can’t pay their bills. I’d really like to donate money to them. How can I go about this legally and without totally screwing them? I really don’t know how businesses work in this sense. I’d like to give them $10k. Not as a loan, just a donation, I don’t want any repayment. How would something like this work? Am I ok writing a check for $10k to the restaurant? Does that trigger some kind of tax issue? Should I write 2 checks for $5k? This isn’t a scam, just a family owned restaurant that I’d like to help. Any advice would be appreciated.
Submitted May 27, 2020 at 11:45PM by HelpersWannaHelp https://ift.tt/2M74uU8
