PPP ends this weekend. Experts who will benefit from the new program - Business Insider

So far, the Small Business Administration approved more than 4.9 million loans for a total of more than $521 billion.

The PPP was part of the $2 trillion Coronavirus Aid, Relief, and Economic Security Act and was originally set to expire on June 30. However, on July 4, President Trump signed legislation that extended the deadline by five weeks. The Small Business Administration approved more than 4.9 million loans for a total of more than $521 billion, according to SBA numbers from July. At the time, the SBA said it had about $132 billion remaining in the fund.

Jim Tobin, executive vice president of government affairs and chief lobbyist at the trade association National Association of Home Builders, believes the PPP will lapse because lawmakers are focused on other timely issues, like unemployment benefits. "They're going to try to target those groups to make sure there aren't any specific sectors of the small business community that are left behind," Tobin said.

LightfootMUSTGETFIRED LigthfootMUSTGETFIRED ligthfootMUSTGETFIRED ligthfootMUSTGETFIRED lightfootMUSTGETFIRED LigthfootMUSTGETFIRED ligthfootMUSTGETFIRED ligthfootMUSTGETFIRED ligthfootMUSTGETFIRED ligthfootMUSTGETFIRED ligthfootMUSTGETFIRED Chicago 🇺🇸

United States United States Latest News, United States United States Headlines

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

If you're unemployed, Business Insider wants to hear from you - 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. Thank god, it’s only for US
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock market crash: Expert warns record high may be a 'historic trap' - 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. If you need logo ? your own signature logo iam logo and animation designer I will design professional and unique signature logo. Please Contact Me: Logo Logo Designe Signature Logo Nobody knows nothing quant_invest hnr70 iancolinstewart
Source: BusinessInsider - 🏆 729. / 51 Read more »

Parents invest in unique extracurriculars to teach kids business skills - Business InsiderTo give their kids a head start on crucial business skills, parents are pouring money into unconventional extracurriculars, from high-end baseball card collecting to social etiquette for 6-year-olds (by RobinMadell) RobinMadell Comic books are the foundation for all Western knowledge. Believe the experts.
Source: BusinessInsider - 🏆 729. / 51 Read more »