Search results
Results from the WOW.Com Content Network
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 loans to Trump and Kushner properties included a $2,164,543 loan to the Triomphe Restaurant Corp., at the Trump International Hotel & Tower in New York City. The company reported the money ...
The CARES Act created the $349-billion Paycheck Protection Program, which provided low-interest loans to small businesses that were forgivable if they maintained their employees and payroll. The $349 billion was fully allocated within 13 days. During those 13 days, 1.6 million loans were approved by nearly 5,000 banks and other lenders. [3]
Billions of dollars shelled out to companies through the Paycheck Protection Program (PPP) wasn’t enough to sustain hundreds of businesses during the pandemic. The Wall Street Journal conducted ...
The governors of at least eight states have ties to companies that received loans through the Small Business Administration’s Paycheck Protection Program. It is legal for businesses owned by ...
In 2020, the Joseph Kushner Hebrew Academy was the recipient of $1–2 million dollars in Paycheck Protection Program loans from the US Small Business Administration. [ 3 ] [ 4 ] References
The initiative is only for loans of $150,000 or less, which make up 92% of the PPP loans distributed. The new online portal is reportedly designed to streamline the process both for borrowers and ...
The Employee Retention Credit is a refundable tax credit against an employer's payroll taxes. [2] It was established as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), signed into law by President Donald Trump, in order to help employers during the pandemic. [3]