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The U.S. Treasury Department released Monday a highly anticipated trove of data identifying every company that has received a loan of more than $150,000 from the Paycheck Protection Program (PPP ...
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 ...
Businesses were not supposed to receive more than $10 million per entity, except for those in the food, hospitality or hotels industries. Download the NBC News app for breaking news and politics
At the time the legislation was enacted, more than 50,000 Americans had died from the virus and the pandemic had caused major economic damage, with 26 million people (about 20% of U.S. workers) filing for unemployment assistance over the preceding five weeks. [7] The bill is referred to as "Phase 3.5" of Congress's coronavirus response.
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 ...
National authorities worldwide warned of possible charges against people engaging with Zoombombing. [ 44 ] [ 45 ] On April 8, 2020, a teen in Madison, Connecticut , was arrested for computer crime , conspiracy , and disturbing the peace following a Zoombombing incident involving online classes at Daniel Hand High School ; police also identified ...
The scam using doll faces to create false IDs made up a small part of the estimated $80bn in fraud connected to the Paycheck Protection Program (PPP), according to The Messenger.
[5] [6] Zoom Information was established in 2000 as Eliyon Technologies by founders Yonatan Stern and Michel Decary, [2] [7] and in August 2017 was acquired by Great Hill Partners, a private equity firm, for $240 million. [8] In June 4, 2020, ZoomInfo became a publicly traded company on the Nasdaq Global Select Market under the ticker symbol ...