The Paycheck Protection Program authorizes forgivable loans to small businesses across the United States.At the end of the day Tuesday, small business owners will be locked out of approximately $134 billion in Paycheck Protection Program funds and despite the midnight deadline to apply for a forgivable loan through the program.
“Chairman Rubio has reconvened the bipartisan small business task force to work towards an agreement on the next phase of support for small businesses. The bipartisan task force is currently working towards consensus on a final agreement on a deal,” Senate Small Business Committee Chairman Marco Rubio's office said in a statement to ABC News Monday.
Treasury Secretary Steven Mnuchin testified Tuesday that there’s bipartisan support to extend PPP and target it to the most hard-hit businesses. He said expects legislation by the end of July, which means there will be a lapse in the program from July 1 until it is passed. President Donald Trump is flanked by Small Business Administration Administrator Jovita Carranza, left, and Treasury Secretary Steven Mnuchin during a press briefing about the Paycheck Protection Program in the East Room of the White House, April 28, 2020.
Omg noo!
Well, that's just peachy, for the businesses that qualify, or aren't scared to become beholden to the government. 🤨
When is house vote?
What’s that, like one extra week? The Senate Republicans need to find a pair of balls, strap them on, and do some real work on Covid-19, like getting the Idiot in Chief out of the way!
The $$ has been stagnant for months. How about we help the businesses who rushed to spend it all with the original rules?
Not long enough
Flex
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Today Is The Last Day To Apply For A PPP LoanWhat’s next for small businesses, and why is there still $134 billion left in the pot? Can Kenyans Apply Nigerians follow?
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PPP Loan Window Is Closing, With $134 Billion Still on OfferThe application window for Paycheck Protection Program loans closes Tuesday, triggering a new debate over what to do with the remaining funds, as fears mount that the fallout from Covid-19 is far from over. How about returning it to the federal reserve where it came from? We no longer have to tax individuals nor attack the rich. Govt has responsibility to tax wealth centers instead consumer sales stock trading to jnsure adequate healthcare wealth transfer to working Americans its all in the MATH Use the money for the rent/ mortgage problem!
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PPP loans are ending. Here's where small businesses can turn nowThe Paycheck Protection Program will stop approving new applications after June 30. Other relief options may be limited for struggling businesses.
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The PPP Loan Application Deadline Is Today. Use This Tool To Find A LenderToday is the last day to apply for a Paycheck Protection Program loan. The Small Business Administration earlier this month reinstated its Lender Match program, which connects small businesses affected by the COVID-19 pandemic with lenders.
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House passes bill to prevent homelessness crisis 'like we've never seen in our lifetimes'The Emergency Housing Protections and Relief Act of 2020 allocates $100 billion to emergency rental assistance programs and creates a $75 billion relief fund for homeowners. MakeIt You mean like the one california has been facing for years now and done nothing about it? MakeIt Would HillaryClinton have done a better job handling the Coronavirus Pandemic ? ... Let's settle this MakeIt I can’t wait for President Trump to sign this. I actually think President Trump has something much bigger in mind..
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