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But fees from the $7 billion in PPP loans the company processed helped shore up its finances, making it an attractive target for American Express. Concerns about those loans soon emerged, however.
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 ...
The U.S. Treasury Department released Monday a highly anticipated trove of data identifying every company that has received a loan of more than $150,000 from the Paycheck Protection Program (PPP ...
The Paycheck Protection Program was one of the signature federal economic relief measures in the early days of the COVID-19 pandemic, providing small businesses loans of up to $10 million that ...
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In certain markets they also offer two financial assist plans one being Straight Up, and the other Connect 2 Compete. Cox initially launched high-speed Internet in 1996 in its Orange County infrastructure. [37] Cox licensed the PowerBoost technology from Comcast in 2007 and offers it on the Preferred, Premier, and Ultimate levels of service. [38]
Confusion marked the early days of Paycheck Protection Program loans, even though a decades-old mandate limits how federal money can be spent on lobbying and politics. ‘Far from clear.’