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1. www.irs.gov › compliance › criminal-investigationThree more Paycheck Protection Program defendants sentenced ...

   www.irs.gov › compliance › criminal-investigation

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   Jun 28, 2024 · ATLANTA — Teldrin Foster, John Gaines, and Carla Jackson have been sentenced for their roles in a scheme to steal Paycheck Protection Program (PPP) funds during the COVID-19 pandemic. To date, a total of 23 individuals have been convicted and sentenced in connection with the fraudulent scheme.

2. joinhomebase.com › blog › ppp-loan-forgivenessPPP Loan Forgiveness: Everything You Need to Know - Homebase

   joinhomebase.com › blog › ppp-loan-forgiveness

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   Jun 17, 2024 · PPP Loan Forgiveness: Everything You Need to Know. By Shelbie Watts. You may have received funding from the Small Business Association (SBA) Paycheck Protection Program (PPP), which was a major component of the federal CARES Act.

3. www.wnypapers.com › news › article60,000 Paycheck Protection Program loans approved in first week

   www.wnypapers.com › news › article

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   2 days ago · The U.S. Small Business Administration announced it has approved approximately 60,000 PPP loan applications submitted by nearly 3,000 lenders, for over $5 billion, between the program's reopening ...

4. www.cardin.senate.gov › press-releases › biden-signsBiden Signs Legislation to Extend PPP Deadline

   www.cardin.senate.gov › press-releases › biden-signs

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   Jul 1, 2024 · Senators Cardin, Collins and Shaheen, along with Senator Marco Rubio (R-Fla.), authored the Paycheck Protection Program, which became law as part of the CARES Act last year. In 2020, more than five million small employers received forgivable PPP loans.

5. www.justice.gov › usao-dc › prDistrict of Columbia | Former Maryland Resident Sentenced in ...

   www.justice.gov › usao-dc › pr

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   Jul 2, 2024 · The Paycheck Protection Program was a COVID-19 pandemic relief program administered by the U.S. government’s Small Business Administration (SBA) that provided forgivable loans to small businesses for job retention and certain other expenses. Once the PPP loan applications were approved, businesses received loan proceeds from third-party lenders.

6. chicago.suntimes.com › editorials › 2024/06/10Speak up about the broker who helped you with a PPP scam ...

   chicago.suntimes.com › editorials › 2024/06/10

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   Jun 10, 2024 · These unofficial brokers enticed others to join in the con and got kickbacks for helping fill out applications for Paycheck Protection Program loans.

7. People also ask

   What is the Paycheck Protection Program loan?

   • The Paycheck Protection Program (PPP) has been extended for additional loans by the Small Business Administration (SBA) for eligible organizations as part of the Consolidated Appropriations Act, 2021 (CAA). The PPP loan was originally created as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act in 2020.

   Does Your Organization Qualify For A Second Draw PPP Loan?

   www.aplos.com/academy/nonprofit/nonprofit-management/does-your-organization-qualify-for-a-second-draw-ppp-loan/

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   What is lendistry's Paycheck Protection Program loan?

   • The fintech was one of the few CDFIs to step up to offer Paycheck Protection Program loans to small businesses that may have otherwise missed out due to lack of relationships at larger banks. As an SBLC, Lendistry's new entity is poised to help the next generation of small business owners grow into influencers in the country's economic landscape.

   Lendistry SBLC, LLC Becomes Nation's Only African

   www.globenewswire.com/news-release/2022/04/19/2424558/0/en/Lendistry-SBLC-LLC-Becomes-Nation-s-Only-African-American-Led-SBA-Small-Business-Lending-Company.html

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   Are Paycheck Protection Program Loans guaranteed?

   • Paycheck Protection Program loans may be partially or fully forgiven and are 100% federally guaranteed. There are no collateral requirements or personal guarantees for the loans. There are no fees for borrowers to apply, and no prepayment fees.

   SBA Paycheck Protection Program (PPP) | Empire State Development

   esd.ny.gov/sba-paycheck-protection-program-ppp

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   What is a PPP loan forgiveness?

   • You may have received funding from the Small Business Association (SBA) Paycheck Protection Program (PPP), which was a major component of the federal CARES Act. While the funding is technically called a loan, 100% of the loan can be forgiven if you follow the PPP loan forgiveness rules.

   Everything you need to know about PPP loan forgiveness

   joinhomebase.com/blog/ppp-loan-forgiveness/

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8. www.wsj.com › buyside › personal-financeWhat Is an SBA Loan? - The Wall Street Journal

   www.wsj.com › buyside › personal-finance

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   6 days ago · At the start of the Covid-19 pandemic, the SBA rolled out the Paycheck Protection Program, which offered low-interest, potentially forgivable loans to millions of small-business owners....