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  2. Paycheck Protection Program - Wikipedia

    en.wikipedia.org/wiki/Paycheck_Protection_Program

    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-employed workers, sole proprietors, certain nonprofit organizations ...

  3. PPP program was awash in fraud. Now, one lender may finally ...

    www.aol.com/news/ppp-program-awash-fraud-now...

    Now, one lender may finally face a legal reckoning. Ben Wieder. July 13, 2022 at 4:37 AM. The Paycheck Protection Program was one of the signature federal economic relief measures in the early ...

  4. Paycheck Protection Program and Health Care Enhancement Act

    en.wikipedia.org/wiki/Paycheck_Protection...

    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.

  5. Most Popular PPP Loan Lenders in the 50 States – 2020 Study

    www.aol.com/most-popular-ppp-loan-lenders...

    Bank of America took the lead, originating almost 334,700 PPP loans in that time, or roughly 7% of the total number apportioned. Most Popular PPP Loan Lenders in the 50 States – 2020 Study Skip ...

  6. CARES Act - Wikipedia

    en.wikipedia.org/wiki/CARES_Act

    The Coronavirus Aid, Relief, and Economic Security Act, [ b][ 1] also known as the CARES Act, [ 2] is a $2.2 trillion economic stimulus bill passed by the 116th U.S. Congress and signed into law by President Donald Trump on March 27, 2020, in response to the economic fallout of the COVID-19 pandemic in the United States. [ 3][ 4] The spending ...

  7. Trump, Kushner companies were major beneficiaries of PPP loans

    www.aol.com/news/release-ppp-loan-recipients...

    Over 25 PPP loans worth more than $3.65 million were given to businesses with addresses at Trump and Kushner real estate properties, paying rent to those owners. Fifteen of the properties self ...

  8. Kabbage - Wikipedia

    en.wikipedia.org/wiki/Kabbage

    Kabbage provided small businesses with debt facilities. In March 2020, Kabbage suspended lending services for active and new customers in favor of offering loans to U.S. businesses through the PPP (Paycheck Protection Program) introduced as part of the Trump administration's COVID-19 economic stimulus package.

  9. With Funds Nearly Exhausted, Paycheck Protection Program Will ...

    www.aol.com/funds-nearly-exhausted-paycheck...

    The Paycheck Protection Program has been a popular vehicle for helping small businesses survive the COVID-19 crisis -- so popular that it has run out of money for most borrowers nearly a month ...

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