WebbThe first round of the Paycheck Protection Program (“PPP”) authorized up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis. … Webb3 apr. 2024 · The COVID-19 pandemic has caused unprecedented losses for small businesses in cities across the globe. Policymakers have relied on a wide range of …
Webb10 juni 2024 · Small businesses have since grown more wary of taking the money. As of Tuesday, more than $130 billion was left in the fund, known as the Paycheck Protection Program. Even more striking was the ... Webb12 apr. 2024 · Not long after, the Small Business Administration's E-Tran loan processing program crashed. SBA approved about 52,000 loans in fiscal year 2024 under its flagship 7 (a) loan guarantee program, 60,000 the year before. As big as those numbers seem, they would be quickly dwarfed by PPP. Jovita Carranza, who served as SBA's administrator … ls sinew\u0027s
Small businesses and government assistance during COVID-19: …
WebbPPP was introduced in March 2024, allowing loans to small businesses and sole contractors to cover their payroll costs for up to eight weeks. This program allotted $349 … Webb10 apr. 2024 · Led by Goldman Sachs 10,000 Small Businesses Voices, the organization has taken out advertising and conducted surveys to showcase the need for SBA reform. A survey of small-business owners by the ... Webb14 apr. 2024 · Cook County’s independent watchdog has rolled out another report finding four more county employees who fraudulently obtained federal loans designed to help … ls short block 4.8