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Pat claims that he is a successful author, yet he applied for and received PPP loans which were forgiven.
This program was meant for people who were struggling to make ends meet because of the pandemic, not for successful authors who receive advances from major publishers for books that earn out and then generate a steady stream of income from royalties for years to come.
So either Pat is struggling to make ends meet as an author, or he is taking money that he doesn't need. There is no other option.
I search through the PPP database for some of Pat's peers, which I randomly sampled from this list:
I searched several names (I ignored the ones that were obviously pseudonyms or so common that they would turn up a bunch of results) and only found two other authors who took PPP money, an African who took two Pat-sized loans as an Uber driver and a woman named Suzanne Palmer who took a smaller loan of $4k:
So it looks like it is not that common for authors to accept PPP loans.
This program was meant for people who were struggling to make ends meet because of the pandemic, not for successful authors who receive advances from major publishers for books that earn out and then generate a steady stream of income from royalties for years to come.
So either Pat is struggling to make ends meet as an author, or he is taking money that he doesn't need. There is no other option.
I search through the PPP database for some of Pat's peers, which I randomly sampled from this list:
Panelists - DisCon III
Panelists This is a partial list of panelists for DisCon III. Please note this list is partial and does not include all DisCon III panelists. This list only includes panelists who agreed to share their participation publicly. All assorted programming will have panelist information next to their...
discon3.org
I searched several names (I ignored the ones that were obviously pseudonyms or so common that they would turn up a bunch of results) and only found two other authors who took PPP money, an African who took two Pat-sized loans as an Uber driver and a woman named Suzanne Palmer who took a smaller loan of $4k:
CHIAGOZIE ODUNZE - Tracking PPP - ProPublica
As part of the Paycheck Protection Program, the federal government has provided hundreds of billions in financial support to banks to make low-interest loans to companies and nonprofit organizations in response to the economic devastation caused by the coronavirus pandemic. Search more than 11...
projects.propublica.org
CHIAGOZIE ODUNZE - Tracking PPP - ProPublica
As part of the Paycheck Protection Program, the federal government has provided hundreds of billions in financial support to banks to make low-interest loans to companies and nonprofit organizations in response to the economic devastation caused by the coronavirus pandemic. Search more than 11...
projects.propublica.org
SUZANNE PALMER - Tracking PPP - ProPublica
As part of the Paycheck Protection Program, the federal government has provided hundreds of billions in financial support to banks to make low-interest loans to companies and nonprofit organizations in response to the economic devastation caused by the coronavirus pandemic. Search more than 11...
projects.propublica.org
So it looks like it is not that common for authors to accept PPP loans.