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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 ...
As of Monday, 3.3 million PPP loans, worth a combined $279.4 billion, have been forgiven out of a total of 5.2 million loans issued last year, according to the Small Business Administration.
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.
In a statement provided to 22News by the Herb Chambers Companies said, “This settlement is the result of conflicting professional advice regarding vague and unclear language in the PPP loan ...
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 ...
Some of the biggest winners in this last round of PPP loans were four Planned Parenthood affiliates, which got a combined $4.13 million. GOP Sens. Marco Rubio of Florida and Rand Paul of Kentucky ...
Browse the Truth-O-Meter PPP loans do not need to be reported as taxable income on tax returns Clear stated on July 8, 2025 in Pod Save America: stated on June 27, 2025 in Social media: ...
The owners of Blueacorn, a Scottsdale-based company that processed COVID-19 PPP loan applications during the pandemic, have been indicted.
A Georgia attorney and former City of Atlanta police officer has been convicted of fraudulently obtaining over $7 million in loans under the Paycheck Protection Program (PPP).