With some states reversing course on reopening as coronavirus infections surge, firms that passed on a PPP loan may want to give one a second look. The program has seen many changes since its ...
The Senate approved a bill on March 25 extending the deadline for applying for a Paycheck Protection Program loan. The legislation gives business owners until May 31 to apply for the PPP ...
If you or someone you know was a recipient of a Paycheck Protection Program (PPP loan) in 2020, the KRS-ONE lyrics “woop, ...
According to recent reports, these celebrities received millions of dollars through the PPP loans. However, they are accused of spending the money on personal expenses. This revelation is sparking ...
Representatives for each lawmaker did not respond to Insider's requests for comment. PPP loans were part of the $2.2 trillion CARES Act, which was signed into law at the end of March 2020.
When a PPP loan is forgiven, the SBA transmits a payment to the bank of the loan principal plus accrued interest. The Consolidated Appropriations Act (CAA) indicates that PPP loan forgiveness is ...
The timing of the loan applications has also come under scrutiny, as investigators examine whether The Agency’s financial status at the ... Agency approached the PPP loan application process.