Small business coronavirus relief loan database contains some big errors, firms say

Several companies that purportedly received forgiveable loans as part of a governnment program aimed at helping small businesses said that they did not apply for — much less get — the funds that are detailed in a database of loans.

Several companies that purportedly received forgivable loans as part of a federal relief program said that they did not apply for — much less get — the funds that areThat database includes information about the lion's share of $521 billion so far approved under the Paycheck Protection Program, which is aimed at helping small businesses affected by the coronavirus pandemic.

And a woman who lives in the Milwaukee area told CNBC she was surprised to be listed on the list released by the Treasury Department and Small Business Administration as having been approved for a loan ranging from $5 million to $10 million.

And some governors of big states:

What happened to that hunt for the millions in funds that Steve Mnuchin gave out but refused to disclose who they gave it to. Is that no longer a congressional concern.

Would not of happened on the Blockchain 👊

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US service activity index in June sees biggest monthly jump since 1997 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Great. Now we’re closing up again. Update your headline
Source: BusinessInsider - 🏆 729. / 51 Read more »

Forbes Small Giants: 25 Companies That Believe Smaller Is BetterFrom a tequila maker to a chain of Mexican bakeries, these privately owned and closely held U.S. companies all share a commitment to greatness over fast growth and on better serving their customers, employees and communities. Same here 🖐🏼
Source: Forbes - 🏆 394. / 53 Read more »

Trump Signs Small Business Loan Program ExtensionPresident Trump has signed legislation extending the deadline for small businesses to apply for the Paycheck Protection Program, enacted in the weeks following the economic shutdown caused by the coronavirus pandemic. Can’t wait to see which $2 billion dollar “small businesses” are gonna suck up the rest... I don’t get it. Why no negative slant? Gonna need to sign that extension a couple more times if you continue to refuse to mandate masks.
Source: NPR - 🏆 96. / 63 Read more »