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The PPP program bailed out the Georgia-based online lender, which went from furloughing employees in March 2020 to being an appealing takeover target in a matter of months thanks in part to the $7 ...
The PPP program was created by Congress in March 2020 to help small businesses struggling with COVID-19 closures and disruptions. Under the terms of the program, small businesses could obtain ...
In his expert report, Manager indicated that he “oversaw and led the SBA’s implementation of the Paycheck Protection Program,” which included, “promulgating PPP-specific rules and guidance ...
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 ...
Of that amount, $60 billion is for PPP loans made by small banks, small credit unions, and community financial institutions. [19] [20] Appropriates an additional $10 billion for emergency Economic Injury Disaster Loans. [21] [20] Expands eligibility for emergency Economic Injury Disaster Loans to farms and agricultural-related businesses. [22] [20]
The House report states that two fintechs, Womply and Blueacorn, facilitated a third of PPP loans in 2021 before being suspended by the Small Business Administration earlier this year.
Norman Fox & The Rob-Roys, American 1950s doo-wop group from New York Topics referred to by the same term This disambiguation page lists articles about people with the same name.
Democratic members of the House subcommittee overseeing the coronavirus response released a report on Tuesday, flagging billions of dollars in questionable PPP loans and a "high risk" for fraud ...