You Searched For "payroll protection program" and got 20 results
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2 mins read
PRESENTING: How big banks decided the futures of America's small businesses: The inside story of how $349 billion in government cash was doled out in just 12 days, leaving thousands of entrepreneurs without relief
The Paycheck Protection Program's first round was like "cramming a football through a garden hose."…
Business Insider
2 mins read
Aviation unions are asking congress for $15 billion to extend furlough protections
A coalition of aviation unions asked congress for a $15 billion extension for furlough protection, …
Kevin Shalvey
2 mins read
The US Government is refusing to say which businesses received over $500 billion in coronavirus bailout loans
Treasury Secretary Steven Mnuchin told lawmakers that the information was considered proprietary an…
Graham Rapier
2 mins read
The Fed will start buying debt backed by emergency small-business loans - giving banks more leeway to offer critical aid
The purchase program creates a new market for the debt and allows banks to shore up more cash for a…
Ben Winck
2 mins read
Just a third of the money from the government's massive Payroll Protection Program actually helped keep workers employed, study says
The program was "highly regressive," researchers said. Of the $510 billion in initial PPP loans, $3…
Ben Winck
2 mins read
Small business owners are becoming more optimistic and expect a 'short-lived' recession, survey shows
"As states begin to reopen, small businesses continue to navigate the economic landscape rocked by …
Carmen Reinicke
2 mins read
The majority of PPP loans went to business owners and high-earning households, a new study shows
Of the $510 billion in PPP loans extended in 2020, as little as one quarter went directly to worker…
Hayley Cuccinello
4 mins read
Your business could defer taxes and get credits for keeping employees. An expert explains how to know if you're eligible.
This provision is meant to free up cash flow during the current crisis, but those payments aren't g…
Jennifer Ortakales
3 mins read
The federal government extended the Paycheck Protection Program after $130 billion out of $660 billion went uncollected. Here's what new applicants need to know.
Potential applicants now have until August to request federal relief funds under the program to hel…
Thomas Pallini
2 mins read
A 'Love & Hip Hop: Atlanta' star was arrested on charges of fraud for PPP loan under the name 'Flame Trucking'
Maurice Fayne allegedly spent $1.5 million of PPP loan funds on jewelry including a Rolex President…
Sarah Al-Arshani
2 mins read
A man attempted to steal $6 million in PPP loans after submitting applications for companies with names from 'Game of Thrones': report
The man received more than $1.7 million in benefits after being approved for two applications, acco…
Amanda Perelli
5 mins read
The government needs to step in and save American businesses or the US is going to spiral into a second Great Depression
We've hit the payroll lay off phase of the pandemic, and dark times are ahead if the government doe…
Daniel Alpert
1 min read
Treasury secretary Mnuchin predicts US economy will rebound in months and not years: 'We are going to have terrific breakthroughs'
Mnuchin said advances in testing and treatments for COVID-19 will play a key role in the economy's …
Ellen Cranley
2 mins read
Small Business Administration announces it will disclose the names of PPP borrowers who accessed more than $150,000 in major reversal
The decision comes amid pressure from the Senate Small Business Committee to increase transparency …
Shannen Balogh
2 mins read
The Small Business Administration says it's loosening payroll restrictions to allow partial loan forgiveness under PPP small business aid program
The SBA now says 60% of the forgiven loan amount should go towards worker paychecks, which would en…
Joseph Zeballos-Roig
2 mins read
Read a rough draft of the GOP's initial relief bill proposal, which is circulating around the highest levels of Congress
The summary indicates how congressional Republicans broke off from the Trump administration on some…
Joseph Zeballos-Roig
3 mins read
Federal relief loans for small businesses just dried up. Here's what to do if you need $1 million dollars or more to stay afloat
The terms of the PPP loans require you to retain employees and wages to be eligible for loan forgiv…
Dominick Reuter
4 mins read
Businesses could get up to $10 million in loans forgiven through the CARES Act, if you can avoid coronavirus layoffs. Here's how to apply.
The SBA's Economic Injury Disaster Loans (EIDL) aren't new, but the CARES Act greatly expands who i…
Bartie Scott,Dominick Reuter,…
2 mins read
The US government just released the names of hundreds of thousands of small businesses that received emergency coronavirus bailouts
The move to release the business data came after pressure from Republicans in Congress, who praised…
Graham Rapier
4 mins read
The US's $600 unemployment boost expires today. Here's a list of 4 other programs set to end soon.
There are a number of further program expirations looming, including the end of support to airlines…