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A South Jersey health system is paying $3.1 million to settle allegations that it improperly took a loan from the federal Paycheck Protection Program during the Covid era.
President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...
Provisions of the Paycheck Protection Program and Health Care Enhancement Act include the following. Appropriates an additional $320 billion of funding for the Paycheck Protection Program, which provides low-interest loans for payroll costs and other expenses to small businesses that are forgivable under certain circumstances. [19]
The PPP programs’ original stated intent by officials was to help with payroll for small businesses struggling under the effects of coronavirus lockdown measures.
The New Jersey Economic Development Authority (EDA) is an independent government entity in the U.S. state of New Jersey dedicated to broadening and expanding the state's economic base. The EDA creates public-private partnerships to provide access to capital by New Jersey's business community. The EDA's primary emphasis is on providing access to ...
New Jersey data from 2021, before the ARRIVE program began in earnest, showed that 43% of instances when police used force involved an individual struggling with mental health issues. By contrast ...
Public–private partnerships (PPP or P3) are cooperative arrangements between two or more public and private sectors, typically of a long-term nature. [1] In the United States , they mostly took the form of toll roads concessions , community post offices and urban renewal projects. [ 2 ]
A South Florida man facing prison for his role in stealing millions from a federal COVID-19 loan program ... Philossaint also admitted that the network of companies received $2 million in PPP ...