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Dropped Adani power lines blow Sh32bn hole in PPP funding plan
The cancellation of Adani Energy Solutions Ltd’s (AESL) power transmission lines project left a Sh32.3 billion hole in the Treasury’s projections for public–private partnership (PPP) fund inflows, ...
There has been a remarkable national effort to get monies into the hands of small businesses and professional entities under the Payroll Protection Program (“PPP”) of the CARES Act that was signed ...
Some of the most prolific online lenders in the federal Paycheck Protection Program had remarkably lax fraud protection controls even as they approved billions of dollars worth of loans in the ...
The stories of the Paycheck Protection Program getting pilfered by bad actors to do things like buy Lamborghinis and other luxury goods are the stuff of legend. However, a new report released by a ...
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 were ...
In April 2020, the US government launched the historic Paycheck Protection Program (PPP) for banks to provide financial assistance to small businesses struggling amid the COVID-19 pandemic. A ...
WASHINGTON, DC - JULY 17: Jovita Carranza, administrator of the U.S. Small Business Administration (SBA), speaks as Steven Mnuchin, U.S. Treasury secretary, left, listens during a House Small Business ...
The new round will go even quicker, so those who missed out must choose the right bank and move immediately. Opinions expressed by Entrepreneur contributors are their own. On Tuesday, the Senate ...
Opinions expressed by Entrepreneur contributors are their own. The Paycheck Protection Program (PPP) proved to be one of the most extensive small business loan programs ever launched by the U.S.
A federal investigation blames fintechs for rampant Paycheck Protection Program loan fraud. The resulting report named fintechs and lenders it said failed to screen for fraudulent claims. It could ...
ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. As Congress launched a historic bailout to keep businesses ...
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