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  2. Paycheck Protection Program - Wikipedia

    en.wikipedia.org/wiki/Paycheck_Protection_Program

    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-employed workers, sole proprietors, certain nonprofit organizations ...

  3. 17 Broward sheriff’s employees face charges of fleecing ...

    www.aol.com/dozens-broward-sheriff-employees...

    The Paycheck Protection Program allocated about $800 billion in loans through banks that were entirely guaranteed by the Small Business Administration and, in almost all instances, forgiven as ...

  4. A South Florida man invests $10 million in a local PPE ... - AOL

    www.aol.com/south-florida-man-invests-10...

    A Miami-Dade County man thought it was good idea to invest $10 million in a local personal protective equipment and bulk food re-sale business in the midst of the COVID-19 pandemic.

  5. CARES Act - Wikipedia

    en.wikipedia.org/wiki/CARES_Act

    The Coronavirus Aid, Relief, and Economic Security Act, [ b][ 1] also known as the CARES Act, [ 2] is a $2.2 trillion economic stimulus bill passed by the 116th U.S. Congress and signed into law by President Donald Trump on March 27, 2020, in response to the economic fallout of the COVID-19 pandemic in the United States. [ 3][ 4] The spending ...

  6. The US government doled out over $200M of pandemic relief ...

    www.aol.com/finance/post-malone-lil-wayne-chris...

    Small business fraud The Office of Inspector General (OIG) announced in June that it found the SBA may have paid out over $200 billion in fraudulent relief funds.

  7. New York business fraud lawsuit against the Trump Organization

    en.wikipedia.org/wiki/New_York_business_fraud...

    New York v. Trump is a civil investigation and lawsuit by the office of the New York Attorney General (AG) alleging that individuals and business entities within The Trump Organization engaged in financial fraud by presenting vastly disparate property values to potential lenders and tax officials, in violation of New York Executive Law § 63(12).

  8. Types of small business loans offered at banks - AOL

    www.aol.com/finance/types-small-business-loans...

    SBA 7 (a) loan. The most common government-backed small business loan with loan amounts of up to $5 million available. Money can be used for almost any purpose, including working capital, payroll ...

  9. Small Business Administration - Wikipedia

    en.wikipedia.org/wiki/Small_Business_Administration

    The SBA was created on July 30, 1953, by Republican President Eisenhower with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub. L. Tooltip Public Law (United States) 83–163 (ch. 282, 67 Stat. 230, July 30, 1953); The "Reconstruction Finance ...

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