Crestone Asset Management, a Colorado-based firm with about $2.9 billion in assets under management, received a Paycheck Protection Program (PPP) loan for $1,002,567 from the U.S. Treasury’s Small ...
Some small businesses that received loans from the government's Paycheck Protection Program during the COVID pandemic were eligible for loan forgiveness, but they decided to repay the money anyway.
As COVID-19 shutdowns threatened businesses back in 2020, the U.S. government began issuing nearly $800 billion in potentially forgivable Paycheck Protection Program loans. The program was designed to ...
The Paycheck Protection Program (PPP) created by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) has proven to be very popular with businesses and nonprofit organizations throughout ...
On March 27, 2020, the CARES Act was signed into law to provide emergency financial assistance to Americans suffering the economic effects caused by the COVID-19 pandemic, including in the form of ...
LEXINGTON, Ky. (LEX 18) — Democrats in Kentucky seized on a tweet from Rep. Brett Guthrie to point out how the congressman’s company received millions in PPP loans while he also called for student ...
The Paycheck Protection Program (PPP) has reopened to all lenders, and with this fresh wave of funding comes new eligibility requirements and further clarifications around the forgiveness process. The ...
Fewer than 10% of all Paycheck Protection Program loans remain unforgiven, and the majority of those belong to one-person businesses — companies the program most intended to help. We've been talking ...
The owners and operators of The Detroit Club have agreed to pay $357,669 to the United States to resolve allegations that they violated the False Claims Act. (Mackenzie Marco, Unsplash) DETROIT – The ...
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