WebFeb 2, 2024 · Bank of America, the second-biggest lender in the Paycheck Protection Program, is refusing to forgive some small business owners’ loans and blocking them from getting relief directly from the... WebJul 8, 2024 · Additionally, lenders approved PPP for a number of big-name law firms, pharmaceutical companies and private schools. More than 658,000 businesses total have received loans as part of the $670...
PPP loan forgiveness
Web1 day ago · A New York City restaurateur has been sentenced to 57 months in prison for bilking the Payroll Protection Program (PPP) out of $1.5 million and threatening a … WebSep 21, 2024 · The PPP loan program was further extended by the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act. Under the terms of the PPP loan program, lenders can forgive the full amount of the loan if the loan recipient meets three conditions. The loan recipient was eligible to receive the PPP loan. An eligible loan … ipad how to change screen orientation
‘It Was a Joke’: Some Small Businesses Got $1 Relief Loans
WebApr 11, 2024 · In a 2024 study, expected to be published in The Journal of Finance, out of 11.8 million PPP loans, roughly 1.8 million showed at least one sign of fraud--like … WebJul 9, 2024 · In Greenville, more than 700 Greenville businesses were approved for PPP loans between $150,000 and $10 million, and 4,000 businesses received loans lower than $150,000, local media reported. Across the country, almost 700,000 businesses were approved for the larger loans under the federal program that was part of the $2 trillion … WebJul 7, 2024 · The small business sectors that received the largest share of federal loans from the coronavirus relief package known as PPP include restaurants, doctors' offices, … open new bank account offers canada