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Trump, who has never ... Security Numbers" had been used to "obtain $5.4 billion in pandemic loans and grants." That was just one example of suspected fraud, which also included people who ...
On August 1, 2019, President Trump nominated Carranza to be Administrator of the Small Business Administration, replacing Linda McMahon. [6] She was confirmed on January 7, 2020, [7] and sworn in a week later. Carranza was the highest-ranking Hispanic woman in the Trump administration. [8]
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 ...
“A re-elected President Trump would certainly not provide any forgiveness for borrowers who are saddled with student loan debt,” said Jo Ann Oravec, MA, MS, MBA, Ph.D., a professor in the ...
Expands the Small Business Administration's Economic Injury Disaster Loans (EIDL) to cover most nonprofit organizations, including faith-based organizations. An unsecured EIDL can be for up to $25,000, while a secured EIDL may be for up to $2 million. The applicant must have an acceptable credit history and be able to repay the EIDL.
Sweeping data released by the Small Business Administration on who benefited from pandemic relief programs raises questions about the equitability and distribution of loans intended for small ...
The Tax Act has not increased business investment, with the small increase in 2018 a "natural bounceback" from a weak 2015–2016, and a sizable decline in 2019. Companies used much of the tax benefit for stock buybacks, to the tune of $580 billion in 2018, an increase of 50% from 2017. [148] [149]
President-elect Donald Trump and fellow Republicans have criticized President Biden’s loan forgiveness efforts, but Trump has not said what he would do […] Trump’s win brings uncertainty to ...