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“The government cannot function without the support of the PPP. There is no truth to the speculations against President ...
These new rules will cause significant hardship for borrowers whose PPP loan documents do not prevent assignment, and for those who simply would not have known that there were transfer rules.
We are presenting a free 30 minute webinar on “PPP Loan Forgiveness Issues for Owner-Employees of S and C Corporations” on Tuesday, June 23 at 10:30 AM EDT. You can email me at agassman ...
Legal proceedings have been initiated against the Department of Housing after it pulled out of a public-private partnership ...
PPP fraud suspected of 5 more Cook County workers, including woman who used money to pay for daughter’s wedding, report says Interim Cook County Inspector General Steven Cyranoski says, over the ...
Yet nearly three years after the rollout of PPP, the vast majority of loans have been forgiven. An NPR analysis of data released on Jan. 8 by the Small Business Administration found that 92% of ...
PPP provided more than 11 million potentially forgivable low-interest loans to small businesses to help them keep employees on the payroll as COVID-19 shutdowns decimated profits.
But fees from the $7 billion in PPP loans the company processed helped shore up its finances, making it an attractive target for American Express. Concerns about those loans soon emerged, however.
(The PPP generally excluded companies with more than 500 employees.) On average, the 812 public firms that took loans had less cash and more debt than those that didn’t borrow.
PPP SMALL BUSINESS LOANS: How $525 billion in coronavirus-linked loans were spread across banks lenders By Insider Intelligence Business Insider Intelligence Feb 3, 2021, 10:36 AM PT ...
The PPP concluded on May 31, but as businesses forge ahead in the recovery process, they may find a continued need for affordable financing. Here are some of the government funding options that ...
Over 25 PPP loans worth more than $3.65 million were given to businesses with addresses at Trump and Kushner real estate properties, paying rent to those owners.