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 were ...
The U.S. Small Business Administration recently said the Payroll Protection Program exhausted loan money available to traditional banks -- weeks before the planned May 31 cutoff date. U.S. Small ...
The Paycheck Protection Program (“PPP”) began with rushed legislation and a race for financial support in the middle of a pandemic. This race was hardly a straight line as the Small Business ...
“Those Costco runs were lifesavers,” says Bill Briggs, of the early days of the Paycheck Protection Program, a forgivable loan offering that’s helped millions of U.S. small businesses access about ...
The pandemic-era Paycheck Protection Program (PPP) was a bloated, wasteful mess—and now the guy responsible for running it is getting a promotion. President-elect Donald Trump announced Wednesday that ...
The Biden administration has announced that the popular Paycheck Protection Program (PPP) will see some rule changes starting on Wednesday, February 24, reports CNN. These changes are an attempt to ...
The Paycheck Protection Program (PPP) was designed to help small businesses keep their doors open and employees paid during the height of the pandemic, and it was likely a huge factor in helping our ...
If you applied for a PPP loan–particularly early on in the program’s history–you probably know that having a sturdy banking relationship proved vital for landing a forgivable loan. While the program ...
The SBA, in consultation with the Department of Treasury, has announced that it is reopening its portal for first draw and second draw PPP applications to all eligible PPP lenders today, January 19, ...
The Paycheck Protection Program, a key part in the federal government's economic response to the coronavirus, is nearly out of funding. Only $8 billion remains in the program, which has distributed ...
WASHINGTON, DC - FEBRUARY 22: U.S. President Joe Biden speaks during an announcement related to ... More small businesses at the South Court Auditorium of the Eisenhower Executive Office Building ...
But the program, which tasked banks and other private lenders with processing applications, was beset by fraud from its earliest days in the spring of 2020, with some recent estimates suggesting that ...
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