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President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. 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 ...
Paycheck Protection Program and Health Care Enhancement Act 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. The law was enacted as a response to the outbreak of the COVID-19 pandemic.
"During his tenure, Bill helped oversee our Historic Paycheck Protection Program that saved many of our Small Businesses, and millions of jobs." Trump Names Latest White House Staff Picks As Jan ...
The Paycheck Protection Program allocated about $800 billion in loans through banks that were entirely guaranteed by the Small Business Administration and, in almost all instances, forgiven as ...
The Paycheck Protection Program (PPP), was designed to help businesses maintain their employee headcount. The funds were distributed as loans, however, they could be forgiven under certain conditions.
David Adler Staveley (born 1967) [1] is an American fraudster who was the first person to be charged with fraud in relation to the Paycheck Protection Program. [2] [3] Staveley, along with David A. Butziger, [4] attempted to steal over $543,000 from the Paycheck Protection Program in forgivable loans for four businesses he either did not own or were no longer in business.