(Bloomberg Opinion) -- 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: ...
The CARES Act created the Paycheck Protection Program (“PPP”), which amended the Small Business Act (“SBA”) to provided short term loans to companies with fewer than 500 employees and other companies ...
The Paycheck Protection Program did little to actually replace workers' wages, according to a new study. Of the $510 billion in 2020 loans, only $115 billion to $175 billion was used to replace wages, ...
Our content is funded in part by commercial partnerships, at no extra cost to you and without impact to our editorial impartiality. Click to Learn More The Paycheck Protection Program, or PPP, is a ...
Mar. 19—ANDERSON — Rep. Victoria Spartz voted with the majority of the members of the U.S. House on the Payroll Protection Program. Spartz, R-5th District, cast a vote to extend the program, as did ...
Do you need to repay your PPP loan? Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of technology ...
PHOENIX - Money from the first round of the Payroll Protection Program (PPP) poured into thousands of Arizona businesses and many say it's kept them afloat, but they need more help. The good news for ...
The world of business today is a vastly different landscape than it was a year and a half ago. The COVID-19 pandemic has brought with it unprecedented shifts in the modern marketplace with paying ...
The rest of the loan money landed in the pockets of the company's owners and shareholders, according to a new report. Why the rollout of the $2 trillion CARES Act was a colossal mess Desperate ...
What started as a bold plan to save small businesses by a federal agency best known for disaster loans has turned into a massive $780 billion bailout that local bankers believe was necessary to ...
NEW YORK CITY (WABC) -- Small businesses say it was a chaotic start last week for the payroll protection program designed to help companies keep paying employees wages and insurance. The money was ...