Paycheck Protection Program

Are you a business owner looking for help to get through the coronavirus pandemic? Ami Kassar, the CEO of MultiFunding and a small business advocate, breaks down what you need to know about the Main Street Lending Program and the Paycheck Protection Program.

The U.S. Roman Catholic Church used a special and unprecedented exemption from federal rules to amass at least $1.4 billion in taxpayer-backed coronavirus aid

The government’s small business lending program has benefited millions of companies, with the goal of minimizing the number of layoffs Americans have suffered in the face of the coronavirus pandemic. Yet the recipients include many you probably wouldn’t have expected.

The Treasury Department has released the names of more than 26,000 businesses or organizations based in Pennsylvania that received funds from a federal program intended to support the economy as states shut down to stem the spread of the coronavirus

Democrats have driven a temporary extension of a popular subsidy program for small businesses through the GOP-controlled Senate.

Billions of dollars offered by Congress as a lifeline to small businesses in the pandemic are about to be left on the table when a key government program stops accepting loan applications

A Hollywood aviation management company is sharing the benefits of a taxpayer-financed loan with its private jet-owning clients after it won the loan through the federal Paycheck Protection Program, according to three clients and a copy of a letter announcing the plan.

With the future of small businesses in urban communities at risk, former National Basketball Association great Magic Johnson has stepped in to offer assistance.

Two men lied about their businesses in loan applications under the new Paycheck Protection Program, federal prosecutors announced Tuesday, saying they are the first to be charged with fraud in connection with the multibillion-dollar loan initiative in the United States. The two men were been charged in Rhode Island with filing fraudulent bank loan applications seeking $438,000 from the Small…

Small businesses that missed out on the first round of paycheck protection program loans had another chance at getting the money Wednesday. NBC10’s Lauren Mayk explains.

The Los Angeles Lakers qualified for and received approximately $4.6 million from the government’s Paycheck Protection Program, which was established to provide relief to small businesses suffering during the coronavirus pandemic. The Lakers eventually returned the money, according to NBC News.

The Paycheck Protection Program is meant to keep people employed, but what should workers expect if their employer gets approved for the funds? A paycheck may not be guaranteed. NBC10’s Lauren Mayk explains.

A $484 billion bill, earmarked for small businesses shut down by the coronavirus, is headed for the House after the Senate passed it on Tuesday. It includes items that Democratic lawmakers insisted on adding, including $75 billion for hospitals and another $25 billion to support expanded testing efforts. President Trump is expected to sign it by the end of the...

An Associated Press investigation has found that a relief fund Congress created to protect small businesses amid the coronavirus crisis has helped companies with thousands of employees, past regulatory run-ins and risks of financial failure even before the economy got walloped

Congress is said to be close to a deal on funding more small business loans to help offset losses sustained due to the COVID-19 pandemic. A vote could come Monday on an additional $250 billion for the Paycheck Protection Program. The current bill would also provide billions in help for rural and minority-owned businesses.

Tensions over testing boiled over on a conference call between Democratic senators and Vice President Mike Pence during a private conference call Friday

The Small Business Administration website reads that it is “unable to accept new applications for the Paycheck Protection Program based on available appropriations funding. Similarly, we are unable to enroll new PPP lenders at this time.”

Small business owners like Carson Dempsey are staying afloat in the coronavirus shutdown thanks to the federal paycheck protection program. But today, the $350 billion Congress appropriated for it ran dry. So what about other businesses that have yet to get the same relief? NBC10’s Tim Furlong reports.

President Donald Trump is offering a rosy portrait of a smoothly running federal emergency lending program for small businesses that doesn’t match reality.

Congress is rushing headlong into a conflict over the next coronavirus aid package