The shift of the Marcos administration in financing public infrastructure projects toward PPP as against foreign loan financing is ... mitigate the moral hazard problem. Since the private sector ...
If you or someone you know was a recipient of a Paycheck Protection Program (PPP loan) in 2020, the KRS-ONE lyrics “woop, ...
while egregious abuse of federal small business loans – often referred to... Here’s What You Need to Remember: One of the reasons that PPP fraud has been featured so prominently in the news ...
It expands the eligible uses of PPP funds, simplifies the forgiveness process for loans of up to $150,000 and allocates $285 billion for a new round of PPP lending, including "second-draw" loans ...
The Senate approved a bill on March 25 extending the deadline for applying for a Paycheck Protection Program loan. The legislation gives business owners until May 31 to apply for the PPP ...
When a PPP loan is forgiven, the SBA transmits a payment to the bank of the loan principal plus accrued interest. The Consolidated Appropriations Act (CAA) indicates that PPP loan forgiveness is ...
Listen to this article At the height of the COVID-19 pandemic, Timothy A. Taylor told that federal loan assistance ...
The problem is Abrams said he never took out the loan. “I do not work for myself. I don’t own my own business. I never even approached a PPP loan and here to find one in my name was disturbing ...
The SBA then deposited $5,000 into the bank account. The next month, the DA said Jordan applied for an SBA-guaranteed PPP loan of $291,250 for the same fraudulent business. He claimed he had 18 ...