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Continue reading ->The post PPP Loans: Lender List and Requirements appeared first on SmartAsset Blog. Skip to main content. 24/7 ...
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]
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. ... zero jobs or did not report a ...
He sold the credit reporting side of the business to Equifax in 1988, retaining the name and collection agency division. He then built the company to be the largest in the state and sold it in 1998. [1] Check Into Cash has grown to become one of the largest payday loan companies in the United States, with over 1,200 locations. [4]
Those employees, along with an army of contractors, are responsible for overseeing a loan portfolio that currently includes 48,000 PPP loans with an outstanding balance of $1.3 billion and dealing ...
Loan type. Typical amount. Purpose. How it works. Term loan. $1,000 to $1 million. Highly versatile; can be used for equipment, real estate, working capital and more
Your Social Security number. Your date of birth. Personal bank statements. Personal tax returns. Documents about your business. Lenders want to know if your business can afford to repay your loan ...