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 ...
When the Paycheck Protection Program launched during the pandemic shutdowns of spring 2020, it immediately became a chaotic free-for-all. Called PPP for short, the program offered simple-to-get, ...
The Biden administration just made it easier for very small businesses and self-employed workers to get more money in less time. Paycheck Protection Program loan portal opens to larger lenders soon: ...
The Paycheck Protection Program (PPP) provided small businesses with roughly $800 billion dollars in uncollateralized, low-interest loans during the pandemic, almost all of which will be forgiven.
Retiring Inspector General Deborah Witzburg reported the new round of fraud in what will be her final quarterly report. Her ...
The Paycheck Protection Program, a key part in the federal government's economic response to the coronavirus, is nearly out of funding. Only $8 billion remains in the program, which has distributed ...
On December 27, the President signed into law the Consolidated Appropriations Act, 2021. The Act includes a roughly $900 billion COVID-19 relief package, known as the “Economic Aid to Hard-Hit Small ...
Only about a quarter of the funding went to jobs that would have been lost, new research found. A big chunk lined bosses’ pockets. By Stacy Cowley Hanging over the $800 billion Paycheck Protection ...
Academic economists who have studied the Paycheck Protection Program have concluded that it has saved relatively few jobs and that, at a cost of more than half a trillion dollars, it has been far less ...