If you apply for unemployment and the PPP program and receive a PPP loan, you must then withdraw from unemployment. “Just try to eliminate double-dipping,” Jennings said.

Generally, a borrower is eligible for a PPP2 loan if it previously received a First Draw PPP (PPP1) loan, will or has used the full amount of the loan only for authorized uses, has no more than ...

For every job saved by PPP loans, the study found it cost taxpayers between $170,000 and $257,000. According to the study, 2 to 3 million jobs were saved by the relief program.

The bulk of the loan money handed out through the government’s $800 billion Paycheck Protection Program (PPP) didn’t go to workers—it helped business owners and shareholders.

PPP loans cost nearly double what Biden's student debt forgiveness would have. Here's how the programs compare. By Irina Ivanova, Aimee Picchi Edited By ...

There were 57 different types of flags applied to various PPP loans, according to the report. The most common one indicated that the business applying for the loan did not exist before February 15 ...

The 13-year-old Dallas bank, which has about $900 million in assets, did just shy of a thousand PPP loans totaling $250 million in round one and about 525 loans totaling $125 million in round two.