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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 ...
Sarah Ladley was approved for emergency funding in the second round of the Paycheck Protection Program. Ladley’s food truck, Ba-nom-a-nom, specializes in vegan soft-serve ice cream. The longer ...
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]
Responding to Musk's suggestion that DOGE could identify "at least" $2 trillion in ... one-sixth of all spending run through the SBA's Paycheck Protection Program (PPP) and the Economic Injury ...
Participating in both Round One and Round Two of the Paycheck Protection Program (PPP) during the COVID-19 pandemic, Vista Bank implimented the Main Street Lending Program to small and middle market Texas companies seeking funding, [4] Vista was one of the top 25 funders to North Texas small businesses. [5] [6]
Capps also falsely represented to the SBA that Fourth and Long Foundation had 12 employees and gross revenue of $285,000 for the 12-month period prior to Jan. 31, 2020, the indictment alleged ...
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.
The SBA was created on July 30, 1953, by Republican President Eisenhower with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub. L. 83–163 (ch. 282, 67 Stat. 230, July 30, 1953); The "Reconstruction Finance Corporation Liquidation Act" was Title I ...
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