WebJun 4, 2024 · The PPP in brief. The PPP launched in early April with $349 billion in funding that was exhausted in less than two weeks. Congress provided an additional $310 billion … WebDec 21, 2024 · Congress passes $900 billion COVID-19 relief package, including $284 billion in PPP loans. Bill includes stimulus checks for most Americans but no direct support for …
House Votes to Extend PPP Application Deadline - WSJ
The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2024 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self-employed workers, sole … See more The purpose of the Paycheck Protection Program and loan forgiveness is to provide economic relief to small businesses and certain other entities that have been adversely impacted by the COVID-19 See more By June, 4.5 million businesses had received over $500 billion of taxpayer money, but the exact identities of the recipients were unknown, as Steve Mnuchin said … See more Acting Pentagon Inspector General Glenn Fine was named the chair of the committee that oversees how the PPP loans were administered as well as the rest of the funding from the CARES Act. On April 7, 2024, four days after PPP loans began to be made, See more Eligibility In order to be eligible for the Paycheck Protection Program, an applicant must be a small business, sole proprietor, independent contractor See more CARES Act The Paycheck Protection Program was enacted as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). All of the Paycheck Protection Program's original $349 billion was allocated between … See more The U.S. Department of Justice charged more than 500 people with illegally claiming PPP loans, collectively totaling hundreds of millions … See more 1. ^ In the case of a church, a temple, a mosque, a synagogue, another house of worship, an integrated auxiliary of churches, or a convention or association of churches that is … See more WebJun 4, 2024 · Last week, the Democratic-controlled House passed the bipartisan bill, which would change how businesses could use loan money while still having their loans … red electrica analisis tecnico
Biden schooled for equating PPP loans with student loan handout …
WebMar 17, 2024 · Listen to article. (3 minutes) WASHINGTON—The House passed a bill extending the deadline for applying for a Paycheck Protection Program loan to May 31, … WebJan 9, 2024 · Yet nearly three years after the rollout of PPP, the vast majority of loans have been forgiven. An NPR analysis of data released on Jan. 8 by the Small Business … WebApr 11, 2024 · WASHINGTON — The U.S. Senate today passed the PPP Extension Act of 2024 by a vote of 92-7. The bill was introduced by Senate Small Business Committee … knock at the cabin film in london