MIAMI, Fla. – A Florida man was arrested and charged after authorities said he bought a sports car with loans from the Check Protection Program (PPP). Authorities say David Hines, 29, was charged with one count of bank fraud, one count of making false statements to a financial institution and …
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The Reddit questions and threads began within days of the publication by the United States Small Business Administration of the names of thousands of companies that received loans under the Federal Salary Protection Program. Why, they asked, did a youth baseball league in Lafayette need a federal loan of $ …
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WASHINGTON, DC – July 17: Steven Mnuchin, United States Secretary of the Treasury, speaks during a Small Chamber … [+] Business Committee Hearing July 17, 2020 in Washington, DC The hearing is titled “Oversight of the Small Business Administration and Treasury Department Pandemic Programs.” (Photo by Erin Scott-Pool / Getty …
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Getty As we approach the weekend of July 4, the Check Protection Program Extension Act is on its way to President Trump’s desk for signature. This Act will extend the time that small businesses and freelancers have to submit a PPP loan application until August 8, 2020. However, while Congress …
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