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The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self-employed workers, sole proprietors, certain nonprofit organizations ...
Paycheck Protection Program and Health Care Enhancement Act (H.R. 266) is a $484 billion law that increases funding to the Paycheck Protection Program and also provides more funding for hospitals and testing for COVID-19.
Public–private partnerships (PPP or P3) are cooperative arrangements between two or more public and private sectors, typically of a long-term nature. [1] In the United States, they mostly took the form of toll roads concessions, community post offices and urban renewal projects. [2] In recent years, there has been interest in expanding P3s to ...
Facing numerous federal investigations into its PPP lending practices, Kabbage or, to be more accurate, the shell of what was once Kabbage, filed for bankruptcy this week. Kabbage was acquired by ...
Womply also recently reached a settlement with the U.S. Federal Trade Commission, agreeing to pay $26 million in response to a complaint that it had falsely promised to obtain PPP loans for ...
Federal review of state plans can often take three or four times as long. The state gave hospitals until 5 p.m. on Friday, Aug. 9, to accept the new medical debt standards or forfeit billions of ...
A public–private partnership (PPP, 3P, or P3) is a long-term arrangement between a government and private sector institutions. [1][2] Typically, it involves private capital financing government projects and services up-front, and then drawing revenues from taxpayers and/or users for profit over the course of the PPP contract. [3] Public–private partnerships have been implemented in ...
Later that morning, 17 BSO employees appeared in Fort Lauderdale federal court on charges of fleecing the Paycheck Protection Program, the main pandemic relief benefit for struggling businesses ...