Search results
1 day ago · Referral of loans to private debt collectors to pursue repayment, who may use tactics like wage garnishment. PPP Loans. Loan forgiveness is still available for most PPP borrowers. If individuals have a PPP loan under $100,000, they may be able to apply for loan forgiveness now at the SBA PPP Direct Forgiveness Portal.
3 days ago · That case, initiated by a whistleblower, involved two related companies that operated separate resorts and obtained separate PPP loans. The government alleged that one of the companies certified in its application for forgiveness of its PPP loan “that it used a portion of its PPP loan to pay wages of [its own] employees, when in fact, some of ...
3 days ago · As part of our effort to help background political candidates in 2024, MuckRock is working to build a database of PPP loan applications connected to other politicians running this year. We need your help in identifying candidates who had related entities approved for PPP loans, and to do that we need a list of associated entities to include in ...
2 days ago · The U.S. Small Business Administration reached a major milestone Wednesday, as its Paycheck Protection Program direct borrower forgiveness portal recorded its one millionth PPP loan forgiveness ...
4 days ago · The Coronavirus Aid, Relief, and Economic Security (CARES) Act was a $2 trillion package of emergency assistance approved in 2020 in response to COVID-19. ... The loans could be used to cover ...
3 days ago · The government alleged that one of the companies certified in its application for forgiveness of its PPP loan “that it used a portion of its PPP loan to pay wages of [its own] employees, when in ...
2 days ago · They must also be repaid in full. SBA made 3.9 million EIDL loans for $378.4 billion between March 2020 and May 2022, when program funds were exhausted. In another key difference with the $800 billion PPP, SBA made EIDL loans directly to borrowers. Banks, credit unions and other private-sector lenders made PPP loans which were guaranteed by SBA.
