Congress extended the Paycheck Protection Program as part of its economic relief bill finalized on Monday, allocating $284 billion to it. The changes to the PPP are a mixed bag: Some parts of the new ...
The Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was a federal law enacted in or around March 2020 designed to provide emergency financial assistance to the millions of Americans who ...
Thanks to the recently passed CARES Act, small businesses can apply for a loan to retain employees and pay basic operating expenses for an eight-week period, beginning April 3.
With stay-at-home orders in place across the U.S., revenues for the nation’s 30 million small business have dried up, and many businesses have had to lay off employees. To aid these companies and ...
One of the founders of the lender service provider Blueacorn has entered a guilty plea in a scheme intended to fraudulently obtain COVID relief money through the Paycheck Protection Program (PPP). A ...
On March 27, 2020 the House of Representatives passed the 2+ trillion dollar bill, the CARES Act, in an effort to rescue the US economy and the millions of Americans economically impacted by the ...
CBS News: Richard K. Gordon, director of the Financial Integrity Institute and professor of law, explained that the Payroll Protection Program application process itself created the opportunity for ...
WASHINGTON (Reuters) - The United States needs to quickly revise its coronavirus aid program for small businesses to extend the eight-week period in which the law currently requires companies to spend ...
The Small Business Administration (SBA) on Monday will release $310 billion in funds for the second round of its program that aims to help small businesses hurt by the novel coronavirus disruption to ...
KANSAS CITY, Mo. — A Kansas City-area woman pleaded guilty to charges connected to loan fraud with the federal Payroll Protection Program intended to help small businesses during the COVID-19 pandemic ...