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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 ...
The second phase was "an approximately $104 billion package largely focused on paid sick leave and unemployment benefits for workers and families" (the Families First Coronavirus Response Act), which had been enacted March 18, 2020. [10] Phase three was the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act"), a $2 trillion aid bill ...
After overseeing the pandemic-era Paycheck Protection Program (PPP), which was a bloated, wasteful mess, Michael Faulkender is failing up. The PPP Was a COVID-Era Disaster. Trump Wants To Promote ...
The Families First Coronavirus Response Act is an Act of Congress meant to respond to the economic impacts of the ongoing COVID-19 pandemic.The act provides funding for free coronavirus testing, 14-day paid leave for American workers affected by the pandemic, and increased funding for food stamps.
The government has forgiven at least $120 million in PPP loans to companies that had higher revenues and earnings during Covid than prior to it.
The signature small business federal relief program introduced early in the COVID-19 pandemic offered loans up to $10 million that were forgivable if used for approved expenses such as payroll.
Full map including municipalities. State, territorial, tribal, and local governments responded to the COVID-19 pandemic in the United States with various declarations of emergency, closure of schools and public meeting places, lockdowns, and other restrictions intended to slow the progression of the virus.
The data released on Monday included an updated breakdown by industry and showed that through June 30, food and accommodation firms had received just over 8% of the $521 billion in PPP loans made ...