Thread regarding South University layoffs

First of Three Main Street Loan Payments is Due

$7.5M this year, $7.5M in 2024, $35M balloon payment in 2025...

https://projects.propublica.org/nonprofits/display_audit/24951020201

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| 584 views | | 5 replies (last September 29, 2023) | Reply
Post ID: @OP+1oLc1Kk9

5 replies (most recent on top)

losing ARs left and right, higher goals on repeat, new processes and compliance. Next few months shall be interesting.

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Post ID: @5emr+1oLc1Kk9

first loan $7.5M loan payment due in December...

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Post ID: @2ncd+1oLc1Kk9

8-9 highly suspect

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Post ID: @2kgi+1oLc1Kk9

nothing to worry about ;-)

https://www.thelayoff.com/t/1kBUbhC7

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Post ID: @1hjy+1oLc1Kk9

If south cannot make these payments what happens?

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Post ID: @1bhf+1oLc1Kk9

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