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President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...
The CARES Act created the $349-billion Paycheck Protection Program, which provided low-interest loans to small businesses that were forgivable if they maintained their employees and payroll. The $349 billion was fully allocated within 13 days. During those 13 days, 1.6 million loans were approved by nearly 5,000 banks and other lenders.
The data, which lists the names of companies that received small business loans over $150,000, was the result of a push for greater transparency around the loans. The list also provides the number ...
Elwood Staffing ( Columbus) Emmis Corporation ( Indianapolis) Finish Line, Inc. ( Indianapolis) First Internet Bancorp ( Indianapolis) First Merchants Corporation ( Muncie) The Ford Meter Box Company ( Wabash) Guidant ( Indianapolis) Gurney's Seed and Nursery Company ( Greendale) Haynes International ( Kokomo)
As reported by TechCrunch, the FAA (Federal Aviation Association) believes that the partnership marks the first approved long-range unmanned delivery service in the US — last month we saw a ...
The Houston Business Journal reported that Osteen’s Lakewood Church was granted $4.4M in Paycheck Protection Program bailouts. The loan was the third-highest in the Houston area during the ...
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
Prosecutors say his company lied about its income on loan applications and submitted a fabricated IRS tax return with them. As a result, Dunkley’s business received a Paycheck Protection Program ...
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