Buck Bully
[Los Angeles Times] The federal government’s massive Paycheck Protection Program, which has been a lifeline for small businesses hit by the pandemic, has become so mired in confusion and delays as money runs out that hundreds of thousands of applicants may get no help, especially in underserved minority communities. During […]
[CNBC] When the Paycheck Protection Program ran out of funding the first week of May – weeks ahead of its May 31 deadline – it was a huge surprise to the staff of El Museo del Barrio in New York. The Latino cultural institution in upper Manhattan was counting on […]
[FOX NEWS] At least 125 companies that Chinese entities own or invest in received PPP loans Sen. Kevin Cramer, R-N.D., calls for national energy policy that is consistent with national security and discusses legislation to streamline PPP loan forgiveness for small businesses. Millions of dollars in taxpayer money flowed to […]
[FOX NEWS] There’s a fear that once PPP money fades, small businesses could see a wave of layoffs Sen. Kevin Cramer, R-N.D., outlines his Paycheck Protection Program bill and how it would help small businesses during coronavirus. A relief program that threw a critical lifeline to small businesses during the coronavirus pandemic is set to expire Saturday with […]
[CNN] A man in Miami, Florida, has been charged with bank fraud for allegedly lying on PPP loan applications and spending the money on luxury items such as a Lamborghini Huracán EVO, federal authorities say. Funds from the $521 billion Paycheck Protection Program are destined for small businesses so that […]
[FOX NEWS] The Trump Administration says program supported 51M jobs More than $30 billion in aid was eventually returned by companies. OTR Media Group President and CEO Sherard Duvall says his small media-production business applied for loans from seven lenders and still hasn’t received any government aid. The Trump administration […]