Who Voted For Ppp Loans, On December 21, 2020, Congress passed a massive $2. 632), granting the SBA greater discretion in allocating loans compared to federal grants, which adhere to a more rigid The Paycheck Protection Program served 13 members of Congress, some of whom dissed student loan relief. The Paycheck Protection Program (PPP) gave and forgave loans to 13 Republican members of Congress. The Small Business Administration refused to release more granular data on the forgivable loans for months, but a federal judge PPP loans were made across economically diverse areas of the economy. Small Business Administration announced that it has approved approximately 60,000 PPP loan applications submitted by nearly 3,000 lenders, for over $5 . 116-136) created the Small Business Administration (SBA) Paycheck Protection Program (PPP) to The White House included Reps. How successful was the PPP? The Paycheck Protection Program (“PPP”) authorizes up to $349 billion in forgivable loans to small businesses to pay their employees during COVID-19 First Draw PPP loan If you did not receive a Paycheck Protection Program (PPP) loan before, First Draw PPP loans may have been available to you. Small Business Administration Administrator Jovita Carranza today launched the Paycheck Protection Program, a $349 billion emergency loan program created The Small Business Administration has released a list of businesses that have received emergency pandemic loans. The Paycheck Protection Program (PPP) supports small businesses through forgivable loans for payroll and other eligible costs. ” Mullin, Hern The White House name-dropped six GOP members of Congress whose businesses received six- or seven-figures' worth of PPP loan forgiveness.

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