Majority of Paycheck Protection Program loans have been …
WEBJan 9, 2023 · Called PPP for short, the program offered simple-to-get, potentially forgivable government loans to small businesses. Yet billions of dollars went to companies owned by wealthy celebrities,...
Government has forgiven nearly $400 billion in Covid-relief PPP …
WEBJul 21, 2021 · WASHINGTON — The federal government has forgiven $394.6 billion in more than 4 million loans to businesses through the Paycheck Protection Program (PPP), according to new data published by a...
Small Business Administration Announces Further Action to Help PPP …
WEBJan 5, 2024 · WASHINGTON – The U.S. Small Business Administration (SBA) has announced expanded flexibility and accommodations for COVID EIDL and PPP borrowers to help bring them into compliance and avoid the repercussions of defaulting on a government loan.
Most PPP loans have been forgiven, despite signs of possible fraud - NPR
WEBOct 12, 2022 · As COVID-19 shutdowns threatened businesses back in 2020, the U.S. government began issuing nearly $800 billion in potentially forgivable Paycheck Protection Program loans. The program...
New portal will allow small businesses to apply directly for PPP …
WEBJul 28, 2021 · Small businesses with loans of $150,000 or less can apply directly for PPP loan forgiveness through the SBA starting August 4. The new portal aims to simplify and speed up the process for...
SBA Announces Opening of Paycheck Protection Program Direct …
WEBWASHINGTON – The U.S. Small Business Administration (SBA) is launching a streamlined application portal to allow borrowers with Paycheck Protection Program (PPP) loans …
Fintechs fueled widespread PPP loan fraud, according to a report …
WEBDec 6, 2022 · PPP provided more than 11 million potentially forgivable low-interest loans to small businesses to help them keep employees on the payroll as COVID-19 shutdowns decimated profits.
SBA and Treasury Announce Simpler PPP Forgiveness for Loans …
WEBOct 9, 2020 · The U.S. Small Business Administration and the Treasury Department released a simpler loan forgiveness application for PPP loans of $50,000 or less. This action aims to provide financial and administrative relief to America’s smallest businesses and ensure sound stewardship of taxpayer dollars.
PPP Loan Forgiveness: The Clock Is Ticking - Forbes
WEBAug 25, 2021 · Paycheck Protection Program (PPP) loans, aimed at providing financial relief to help companies dealing with the economic fallout of the Covid-19 pandemic, provided a lifeline for...
SBA Administrator Announces New Paycheck Protection Program (PPP …
WEBWASHINGTON – The U.S. Small Business Administration (SBA) reached a major milestone today as its Paycheck Protection Program (PPP) Direct Borrower Forgiveness Portal …
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