WebJan 14, 2024 · Under section 311, SBA may guarantee loans under the PPP Second Draw Program through March 31, 2024 (“Second Draw PPP Loans”) to borrowers that previously received a PPP loan under section 7(a)(36) of the Small Business Act (“First Draw PPP Loans”) and have used or will use the full amount of the initial PPP loan for authorized … WebJan 10, 2024 · The U.S. Small Business Administration has released details on a SBA’s Direct Forgiveness portal that allows borrowers with Paycheck Protection Program (PPP) loans of $150,000 and under to submit their forgiveness applications on the SBA’s web portal or another lender.
False Claims Act Case Tracker for Paycheck Protection …
Web2 days ago · A recent study estimated $64 billion in PPP loans issued show signs of fraud. The SBA's own inspector general has estimated that at least 70,000 loans were potentially fraudulent. WebSep 7, 2024 · The SBA’s relationship with community banks appeared to take a turn for the worse last week after the chairman of the Independent Community Bankers of America accused the agency of threatening to audit banks that don’t adopt the direct forgiveness portal the agency unveiled Aug. 4. “We and other PPP lenders received an email from … boomerang tattoo machine
PPP Loan Tracker Track PPP Loans by Recipient, Lender …
WebJun 30, 2024 · An analysis of applications for trade adjustment assistance, which the federal government provides to workers whose jobs have disappeared due to imports, shows that at least half a dozen companies... WebThe Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Small businesses and eligible nonprofit organizations, Veterans organizations, and Tribal businesses described in the Small Business Act, as well as individuals who … WebApr 30, 2024 · This blog post is a product of the COVID Money Tracker, a new initiative of the Committee for a Responsible Federal Budget focused on identifying and tracking the disbursement of the trillions being poured … hash vnoi