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 ...
Provisions of the Paycheck Protection Program and Health Care Enhancement Act include the following. Appropriates an additional $320 billion of funding for the Paycheck Protection Program, which provides low-interest loans for payroll costs and other expenses to small businesses that are forgivable under certain circumstances. [19]
The Paycheck Protection Program allocated about $800 billion in loans through banks that were entirely guaranteed by the Small Business Administration and, in almost all instances, forgiven as ...
The Palm Beach County State Attorney's Office in 2023 created a task force to investigate fraudulent Paycheck Protection Program claims, with charges to be pursued at the state level.
The golf club also came under fire for collecting $751,452 from the Paycheck Protection Program, a relief fund for small businesses affected by the shutdown caused by the COVID-19 pandemic. [ 22 ] [ 23 ]
A South Florida man facing prison for his role in stealing millions from a federal COVID-19 loan program not only faces a prison term but also another consequence of his crime — loss of his ...
During the 2020 COVID-19 pandemic, the group received $178,500 in federally backed small business loan from Citibank as part of the Paycheck Protection Program. [6] TCS said it was the first time they had accepted government money. [7] [8]
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.