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Posted On: 04/17/2020 12:09:10 PM
Post# of 18292
$NSRI and its subsidiaries have not laid off any of its 175+ employees. The Company plans to use the stimulus funding primarily for payroll. This will effectively decrease the Company's expenses, thereby increasing margins and resulting in a direct increase of $1,458,200 to earnings, when the loan is forgiven. https://finance.yahoo.com/news/national-storm...34685.html
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