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The Paycheck Protection Program was one of the signature federal economic relief measures in the early days of the COVID-19 pandemic, providing small businesses loans of up to $10 million that ...
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 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 ...
Sheppard was charged with COVID-19 loan relief fraud under the Small Business Administration’s Paycheck Protection Program approved by Congress, which authorized $800 billion in loans through ...
David Staveley. David Adler Staveley (born 1967) [1] is an American fraudster who was the first person to be charged with fraud in relation to the Paycheck Protection Program. [2] [3] Staveley, along with David A. Butziger, [4] attempted to steal over $543,000 from the Paycheck Protection Program in forgivable loans for four businesses he ...
December 14, 2023 at 6:14 PM. A federal district judge in Lubbock told a Plainview woman who admitted to concealing a $3.5 million Paycheck Protection Program Loan fraud scheme that the greed and ...
Signed into law by President Donald Trump on April 24, 2020. Paycheck Protection Program and Health Care Enhancement Act ( H.R. 266) is a $484 billion law that increases funding to the Paycheck Protection Program and also provides more funding for hospitals and testing for COVID-19 . The bill passed the Senate by voice vote on April 21, 2020.
Jay Weaver. February 9, 2023 at 3:23 PM. MH. 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 ...