Banks are getting flooded with applications for a new federal government-backed loan program aimed at helping small businesses endure the Covid-19 pandemic. The $349 billion Paycheck Protection ...

We examine the longer-term effects of the Paycheck Protection Program (PPP) and the PPP Liquidity Facility (PPPLF) on small business (SME) lending using bank-level Call Report data. To identify a ...

WASHINGTON, DC - DECEMBER 01: A bipartisan group of Democrat and Republican members of Congress as they announce a proposal for a Covid-19 relief bill on Capitol Hill on December 01, 2020 in ...

Senate Republicans are divided over how to move forward with legislation to fix the Paycheck Protection Program likely delaying the process and requiring the Senate to have to hold a roll call vote on ...

Third-round PPP funding was offered to help employees and keep businesses afloat Reviewed by Doretha Clemon Fact checked by Michael Rosenston The Consolidated Appropriations Act of 2021 (CAA) was ...

One of the founders of the lender service provider Blueacorn has entered a guilty plea in a scheme intended to fraudulently obtain COVID relief money through the Paycheck Protection Program (PPP). A ...

WASHINGTON (Reuters) – A high-profile pandemic aid program protected about 51.1 million American jobs, the Trump administration said on Monday, as it revealed how $521.4 billion in taxpayer cash was ...