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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. Fifteen of the properties self ...
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 ...
“From the beginning, the Trump administration did everything in its power to hide the recipients of PPP loans,” Jeremey Funk, spokesman for Accountable.us, a progressive government watchdog ...
Over 80% of 2020 loan recipients at Chase have had their loans forgiven,” according to Elizabeth Seymour, a bank spokeswoman. ... PPP loans were an attractive program to borrowers because of the ...
Paycheck Protection Program and Health Care Enhancement Act (H.R. 266) is a $484 billion law that increases funding to the Paycheck Protection Program and also provides more funding for hospitals and testing for COVID-19. The bill passed the Senate by voice vote on April 21, 2020. [1][2][3] The bill passed the House of Representatives by a vote ...
Neoliberalism. A public–private partnership (PPP, 3P, or P3) is a long-term arrangement between a government and private sector institutions. [1][2] Typically, it involves private capital financing government projects and services up-front, and then drawing revenues from taxpayers and/or users for profit over the course of the PPP contract. [3]
Sweeping data released by the Small Business Administration on who benefited from pandemic relief programs raises questions about the equitability and distribution of loans intended for small ...
The U.S. Treasury Department released Monday a highly anticipated trove of data identifying every company that has received a loan of more than $150,000 from the Paycheck Protection Program (PPP ...