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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 ...
Of that amount, $60 billion is for PPP loans made by small banks, small credit unions, and community financial institutions. [19] [20] Appropriates an additional $10 billion for emergency Economic Injury Disaster Loans. [21] [20] Expands eligibility for emergency Economic Injury Disaster Loans to farms and agricultural-related businesses. [22] [20]
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 government has forgiven at least $120 million in PPP loans to companies that had higher revenues and earnings during Covid than prior to it.
Plus, the agreement would have required the industry to pass along all rebates to the health plan sponsors, which include insurers and employers, in the commercial insurance market.
The Job Creators Network (JCN) is a conservative U.S. advocacy group founded by Bernie Marcus, the co-founder and former CEO of Home Depot. The organization has received funding from the Marcus Foundation , the Mercer Family Foundation , and Phil Anschutz .
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 ...
COVID-20, COVID-21 or COVID-22 may refer to: Coronavirus disease 2019, a contagious disease caused by SARS-CoV-2; COVID-19 pandemic, a coronavirus pandemic that began in December 2019 and ended in May 2023; Variants of SARS-CoV-2. SARS-CoV-2 Alpha variant, a variant of SARS-CoV-2 first identified in the United Kingdom in 2020