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Over 25 PPP loans worth more than $3.65 million were given to businesses with addresses at Trump and Kushner real estate properties, paying rent to those owners.
But fees from the $7 billion in PPP loans the company processed helped shore up its finances, making it an attractive target for American Express. Concerns about those loans soon emerged, however.
The wildfires have become the deadliest in modern U.S. history with the death toll at 99 and counting and have forced more than 11,000 people to evacuate. Local officials issued a state of ...
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 ...
The CARES Act created the $349-billion Paycheck Protection Program, which provided low-interest loans to small businesses that were forgivable if they maintained their employees and payroll. The $349 billion was fully allocated within 13 days. During those 13 days, 1.6 million loans were approved by nearly 5,000 banks and other lenders. [3]
Marriott told CNN Travel last week that three of the company’s properties in West Maui were temporarily closed: Westin Maui Resort & Spa, Ka’anapali; Sheraton Maui Resort & Spa; and The Ritz ...
Hawaii governor Josh Green said he expects the death toll to increase by 10 to 20 people per day as the search continues. As of Tuesday morning, the death toll was 99.
GDP comparisons using PPP are arguably more useful than those using nominal GDP when assessing the domestic market of a state because PPP takes into account the relative cost of local goods, services and inflation rates of the country, rather than using international market exchange rates, which may distort the real differences in per capita ...