Originally Posted by
Qotsaautopilot
Why would they not if it covers 100% of last years payroll for the time frame line CARES 1.0? It would cost Spirit nothing to keep everyone
edit: I guess this was answered above me.
Cares 1 didn’t cover 100%. It was 73% of April thru Sept 2019 actual, so for a growing company like this one was year over year, that number was really only in the high 60s. And only 70% of that number was grants, the rest was a loan, so maybe slightly less than 50% of 2020 payroll was truly “free money”. Still great and hard to turn down this time or last time, but it’s not anywhere close to 100%.