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  2. Paycheck Protection Program - Wikipedia

    en.wikipedia.org/wiki/Paycheck_Protection_Program

    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 ...

  3. Paycheck Protection Program and Health Care Enhancement Act

    en.wikipedia.org/wiki/Paycheck_Protection...

    The bill is referred to as "Phase 3.5" of Congress's coronavirus response. [8] [9] It followed the first three phases: phase one "was an $8.3 billion bill spurring coronavirus vaccine research and development" (the Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020), which was signed

  4. Small-business owners say they were mistakenly accused of ...

    www.aol.com/news/small-business-owners-were...

    Navigating the SBA’s Covid disaster loan program has become similarly agonizing for several other small-business owners who, like Harb, say their loans were wrongly deemed delinquent or in ...

  5. SBA loan guide: What they are and how to apply - AOL

    www.aol.com/finance/sba-loan-guide-apply...

    SBA loan statistics. According to the SBA, at the end of 2023 fiscal year:. $27.5 billion in SBA 7(a) loans was approved. Almost 70 percent of 7(a) loans were for amounts under $350,000

  6. Pros and cons of SBA loans - AOL

    www.aol.com/finance/pros-cons-sba-loans...

    All loan types require that the business is for-profit and meets SBA size requirements. The right loan type for each business depends on its needs, size and purpose. 7(a) loans : This loan program ...

  7. U.S. federal government response to the COVID-19 pandemic

    en.wikipedia.org/wiki/U.S._federal_government...

    The week of March 19, the Federal Housing Finance Agency ordered federally guaranteed loan providers to grant forbearance of up to a year on mortgage payments from people who lost income due to the pandemic. It encouraged the same for non-federal loans and included a pass-through provision for landlords to grant forbearance to renters who lost ...

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