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Old 03-31-2020, 05:36 PM
  #11  
PosRateGearUp
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Originally Posted by guppie View Post
Negative. The equity stake is for the LOANS, not the grants. No equity stake for taking the grants. Very important distinction.
You may want to re-read sec 4117 of the bill, titled Tax Payer Protection. The equity stake absolutely does apply to the grants and was left open for Mnuchin to determine what would be required.
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