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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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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An unnoticed rule issued by the Small Business Administration earlier in the pandemic allows agency employees, legislators, and other federal officials to bypass an ethics review that aims to avoid conflicts of interest. The exemption pertained to $ 659 billion Payment Protection Program (PPP) loans, a congressionally approved lending facility …
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PPP loans remain available until June 30, even for small businesses starting to reopen. Getty Time is running out on the Paycheck Protection Program (PPP). June 30 is the deadline for small businesses to apply for forgivable PPP loans. Even for companies that are now reopening, PPP is still available …
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