Ppp loans news today
WebOct 8, 2024 · Among the companies returning loans were Shake Shake, which gave back $10 million, the Los Angeles Lakers, which returned $4.6 million, and Ruth's Hospitality Group, which gave back its $20 ... WebMar 4, 2024 · Ladonna Wiggins allegedly bought two Texas houses and a Land Rover, plus spent tens of thousands elsewhere. A 37-year-old woman in Texas has been indicted on charges that she secured a $3.7 million Paycheck Protection Program loan and spent the funds on luxury items for herself. LaDonna Wiggins of Houston has been indicted for bank …
Ppp loans news today
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WebApr 6, 2024 · A third round of Paycheck Protection Program (PPP) loans was authorized by the passage of H.R. 133: Consolidated Appropriations Act, 2024 into law on Dec. 27, 2024. … WebJul 8, 2024 · The original intent of PPP loans was for small businesses to rehire staff by June 30, 2024, but that is not possible for everyone. The new law protects borrowers from reductions in loan forgiveness if they can't rehire employees or find similarly qualified new ones by Dec. 31, 2024.
WebApr 11, 2024 · CONCORD – A Northwood man was sentenced today in federal court for attempting to fraudulently obtain over $6 million in CARES Act funds from the United States government, U.S. Attorney Jane E. Young announces. Joshua Leavitt, 41, was sentenced by U.S. District Court Judge Paul J. Barbadoro to 28 months in prison and 2 years of … WebMar 24, 2024 · Critics say the feds should claw back the money. USA TODAY found 1,139 U.S. charter schools had $1 billion in PPP loans forgiven. The investigation found nearly all - 93% - lost no money during ...
WebAdditionally, the new law revises the rules around EIDL grants so businesses can receive a full $10,000 EIDL grant and a PPP loan without PPP loan forgiveness being reduced. A new grant program for live venues. The new stimulus bill also sets aside $15 billion in grants specifically for live venue operators that have been impacted by the pandemic. WebJun 22, 2024 · The PPP authorized banks to provide forgivable loans to small businesses for the specific purpose of enabling the businesses to meet payroll expenses and retain employees. Under the EIDL program, the Small Business Administration (SBA) provided low interest loans for small businesses to obtain financial relief due to any disruption or harm …
Web9 hours ago · Brothers Sentenced for $1.6M PPP Loan Fraud Scheme. Two men were sentenced yesterday for their participation in a COVID-19 fraud scheme, which involved fraudulent applications for $1.6 million in loans through the Paycheck Protection Program (PPP). Dumarsais Blaise Jr. IRS Extends Tax Filing and Payment Deadline for Tennessee …
WebAug 25, 2024 · From April 2024 to May 2024, the PPP provided millions of loans to help keep businesses afloat during Covid-19. Since the rollout in 2024, over 11.8 million PPP loans … don\u0027t look back ゲームWebJan 16, 2024 · Over the three rounds of PPP loans issued between 2024 and 2024, the SBA disbursed $790,765,202,677 in funding. Of that, $680,813,821,189 was asked to be forgiven. ra 3562WebMar 31, 2024 · The PPP was designed to help small business owners keep employees on their payroll during the pandemic. The program originally provided $350 billion in cash flow assistance, primarily to cover payroll, but also utilities, rent or mortgage payments and other operating expenses. In April 2024, the program received an additional $310 billion in ... ra 3590WebJun 4, 2024 · NBC News reached out to real estate agents who had a successful year in sales in 2024 and obtained PPP loans in excess of $90,000 that were then wholly or … don\u0027t look so sad ray priceWebJan 11, 2024 · Nikki Smith, a baker and caterer in Oregon, collected $96. A.J. Burton, the founder of a record label in Arkansas, got $78. And Susana Dommar, a chiropractor in Texas, received a loan for just $1 ... ra 3595WebApr 11, 2024 · From the U.S. Attorney’s Office, Southern District of New York: Damian Williams, the United States Attorney for the Southern District of New York, announced today that restaurateur BESIM KUKAJ was sentenced to 57 months in prison for orchestrating a sprawling loan fraud scheme, including while he was on pretrial release, whereby he … don\u0027t look now blu rayWebJul 29, 2024 · As of May 24, the latest date for which the SBA published loan-forgiveness information, 3.3 million PPP loans had been forgiven and 145,000 were under review. At … don\u0027t look now jack johnson