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PPPHCEA as signed into law President Trump in the Oval Office after signing the bill into law on April 24, 2020 Senate Democrats wanted to add $250 billion to the Paycheck Protection Program. Senate Republicans wanted for some of the funding be set aside for rural and minority-owned small businesses.
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 Center Square) – Work-from-home policies implemented in the federal government during the COVID-19 pandemic have outlasted that era, but workers may be leaving their houses soon under ...
The government has forgiven at least $120 million in PPP loans to companies that had higher revenues and earnings during Covid than prior to it.
Kabbage provided small businesses with debt facilities. In March 2020, Kabbage suspended lending services for active and new customers in favor of offering loans to U.S. businesses through the PPP (Paycheck Protection Program) introduced as part of the Trump administration's COVID-19 economic stimulus package.
The signature small business federal relief program introduced early in the COVID-19 pandemic offered loans up to $10 million that were forgivable if used for approved expenses such as payroll.
As recently as February, a positive rapid test would’ve meant five days of isolation, away from work, school, and/or other obligations that involve going out in public. Not anymore. Not anymore.
A 2021 study by the National Low Income Housing Coalition found that workers would have to make at least $24.90 an hour to be able to afford (meaning 30% of a person's income or less) renting a standard two-bedroom home or $20.40 for a one-bedroom home anywhere in the US. The former is 3.4 times higher than the current federal minimum wage.