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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 ...
Provisions of the Paycheck Protection Program and Health Care Enhancement Act include the following. Appropriates an additional $320 billion of funding for the Paycheck Protection Program , which provides low-interest loans for payroll costs and other expenses to small businesses that are forgivable under certain circumstances. [ 19 ]
Officials said they have identified 500 individuals who may have defrauded the $660 billion Paycheck Protection Program (PPP) and that, in many cases, criminal rings had worked together to steal ...
The 22nd District Agricultural Association, which operates the Del Mar Fairgrounds, has reached a settlement of $5,664,015 over allegations that it improperly secured a Paycheck Protection Program ...
The programs posing the highest fraud risks, according to a subsequent GAO report, are Medicare, Medicaid, unemployment insurance, the Paycheck Protection Program, the Earned Income Tax Credit ...
On April 3, Trump announced that the federal government would use funds from the CARES Act to pay hospitals for treatment of uninsured patients infected with the coronavirus. [30] On April 20, Trump said he would sign an executive order to temporarily suspend immigration to the U.S. because of the pandemic.
President Joe Biden visited a hardware store in the nation’s capital Tuesday to highlight changes he made to the Paycheck Protection Program to benefit small businesses he says were overlooked ...
The New York Times’s Ben Casselman and Jim Tankersley report that — while politicians on both sides of the aisle have backed the Paycheck Protection Program of forgivable loans to small ...