Majority of Paycheck Protection Program loans have been …
Jan 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 ...
Small Business Administration Announces Further Action to Help PPP …
Jan 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.
Government has forgiven nearly $400 billion in Covid-relief PPP …
Jul 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...
The perilous hunt for PPP fraud and the hot tip that wasn't - NPR
Sep 6, 2023 · Approximately 1200 families living in public housing have been identified through what the OIG calls "PPP loan analysis," but the outcomes of those cases haven't yet been reported.
Most PPP loans have been forgiven, despite signs of possible fraud - NPR
Oct 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...
SBA and Treasury Announce Simpler PPP Forgiveness for Loans …
Oct 9, 2020 · WASHINGTON – The U.S. Small Business Administration, in consultation with the Treasury Department, today released a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less.
SBA Announces Opening of Paycheck Protection Program Direct …
Jul 28, 2021 · WASHINGTON – The U.S. Small Business Administration (SBA) is launching a streamlined application portal to allow borrowers with Paycheck Protection Program (PPP) loans $150,000 or less through participating lenders to apply for forgiveness directly through the SBA.
SBA and Treasury Announce PPP Re-Opening; Issue New Guidance
Jan 8, 2021 · WASHINGTON – The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced today that the Paycheck Protection Program (PPP) will re-open the week of January 11 for new borrowers and certain existing PPP borrowers.
Biden announces changes to PPP loan program, with focus on ... - ABC News
Feb 22, 2021 · President Joe Biden announced changes to the Paycheck Protection Program (PPP) Monday afternoon, including a two-week window that only allows businesses with fewer than 20 employees to apply for loans, and efforts to increase racial equity. "Small businesses are the engines of our economic progress.
Paycheck Protection Program - Small Business Administration
Paycheck Protection Program. Get information about the SBA loan program that helped businesses keep their workforce employed during the COVID-19 crisis. Notice: The Paycheck Protection Program (PPP) ended on May 31, 2021. Existing borrowers may be eligible for PPP loan forgiveness.