Posts Tagged Paycheck Protection Program
The Restaurant Revitalization Fund Should Have Stronger Oversight if More Funds are Approved
Covid Stimulus Watch Now Contains Recipient Data from the American Rescue Plan
Covid Stimulus Watch now includes recipient data from the 2021 American Rescue Plan Act (ARPA). We’ve added more than 123,000 entries that amount to almost $8 billion across 15 ARPA programs.
Sunshine Week: Transparency and Pandemic Spending
President Biden announced in this State of the Union Address that the Department of Justice will appoint a chief prosecutor responsible for investigating pandemic fraud.
PPP Loan Forgiveness Disclosures Reveal Many Dubious Beneficiaries
The Paycheck Protection Program (PPP), part of the original federal stimulus package, the CARES Act, was meant to keep workers on the job and small businesses alive during a time of financial uncertainty. But did it work? The answer to that may be unclear, but nearly all the loans - over 80% - have been forgiven.
WORKPLACE WARNINGS: The Need for a New and Improved Paycheck Protection Program
More than 190,000 American workers have been laid off since March across 1,900 companies that received loans through the Paycheck Protection Program (PPP). The companies intended to support 251,000 workers – instead, they laid off 76 percent of them. About one in eight of those workers lost their jobs permanently.