WASHINGTON – The Payment Check Protection Program (PPP), which is an incentive for small businesses to keep their employees on the payroll during the health crisis, helped companies improve cash flow in the first few weeks of the program and mainly flowed to less difficult areas. affected by the virus, …
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WASHINGTON, DC – JUNE 30: Federal Reserve Chairman Jerome H. Powell and the US Secretary of the Treasury. … [+] Steven Mnuchin greets himself after testifying before the House Financial Services Committee on Capitol Hill on June 30, 2020 in Washington, DC. Federal Reserve Chairman Jerome Powell and Treasury Secretary …
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On Tuesday, the Senate passed legislation to extend the deadline for companies to apply for coronavirus aid under the Paycheck Protection Program (PPP), which will expire at the end of Tuesday. According to the bill passed by the Senate by unanimous consent, the deadline to apply for PPP loans, which …
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